This introduction to parametric insurance is an excellent opportunity for delegates to develop their understanding of this type of insurance. Parametric insurance is not new but is being developed for SMEs and provides options for previously uninsurable risk, such as flood. The session includes: What is parametric insurance? Various product examples, and how they can be utilised. How parametric solutions differ from other insurance solutions. The potential of parametric solutions for SMEs.

The presentation will be very appropriate for almost everyone working within the broking, underwriting and claims functions, as almost all policies have an element of liability protection and this presentation explores how a client can be held liable in the law of tort. This presentation will give brokers more confidence when discussing their liability needs. There will be a brief overview of the different types of the main torts including negligence, nuisance, strict liability and statutory liability and how each of the main covers of EL,PL, and Products looks to cover these liabilities. The increasing costs of damages is also explored and why many brokers could face hefty professional indemnity claims for failing to advise their clients on increasing their liability limits. This presentation will be delivered by Alan Chandler who is widely regarded as one of the leading insurance trainers and presenters within the UK.

Financial loss is one of the most widely misunderstood cover areas. This technical session looks at financial loss cover, when and where it is needed and the various cover options available. The session includes: What is ‘financial loss’ and how does liability for it arise? Types of financial loss cover available. Explanation of various financial loss exclusions, their importance, and issues to consider including contractual liability exclusions. Financial loss extensions. The businesses that need to buy financial loss cover.