Webinar: Introduction to Engineering Insurance

Tuesday, 07 June 2022
10:00 am – 11:00 am (UK time)
    • Nick Thomas, Nick Thomas Associates


Engineering insurance can be a difficult area for brokers and insurers to understand. This introduction to engineering insurance session looks at the main covers and helps brokers and insurers identify key risk areas. It will cover:

  • Overview Broker Models – Global, Consolidator, Network, Alliances, Independents, Community
  • For Each Model – overview financial model, ownership, challenges it creates and behaviours that flow from this
  • Wider Broker challenges – overview
  • Focus on Brokers and the Hard Market – new business and client retention
  • Broker hard market challenges

Learning Objectives

By the end of the session, participants will:

  • Understand the different Broker Models in the UK insurance market
  • Understand how these drive differing behaviours in the market and in dealings with Insurers
  • Understand challenges facing Insurers in retaining close relationships with Brokers

Speaker Biography


Nick Thomas, Nick Thomas & Associates

Nick offers a unique combination of skills in the UK insurance training sector – an industry sales specialist and a professional coach and trainer. Nick is an Economics graduate with over 25 years corporate insurance broking experience

He was a highly successful sales producer in the UK broking market before progressing into regional and then national sales leadership roles. As National Development Director at HSBC, Nick was one of only 40 people from a global workforce of 265,000 selected as part of the STARS programme to recognise exceptional performance. He is a highly trained consultative sales specialist, and his experience includes a secondment with a major management consultant to design a best practice sales process.

In the mid-2000s, Nick developed a chronic health condition; his journey to recovery fostered a new range of interests, and a passion for health, and performance. He studied widely, qualifying as a Master Practitioner in Neuro-Linguistic Programming (NLP), obtaining a Diploma in Life Coaching, before going on to study Corporate/Business Coaching with The Coaching Academy. Nick is also a qualified Holistic Lifestyle Coach and Advanced Exercise Coach.

In the last two years Nick has worked in a self-employed capacity in training, coaching, and consulting. He works with a specialist adviser in Insurance sector M&A (Mergers & Acquisitions), and through Nick Thomas & Associates.

  • Online

CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

1 hour's CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.