Insurance Masterclass Series

Thursday, 16th September 2021


Thursday, 16th September 2021

Insurance Masterclass Series

Thursday, 16th September 2021


Following the success of our Insurance School, we are running our first Insurance Masterclass starting this September. The Masterclass series will provide a more in depth dive into a number of hot insurance topics and is aimed at our more senior colleagues in the insurance industry.

To find out more information and to register for the talks, please click the links below:

16/09/21: Cyber – Ransomware and Recovering Ransom Payments

In this Masterclass Stephen Reilly and Andrew Jones of Beale & Co and Phil Larratt of Chainalysis (ex-Senior Manager of the NCA’s National Cyber Crime Unit), we will look at:

  • The current trends in ransomware and the industry’s efforts to prevent increasing losses
  • How ransomware payments can potentially be recovered and the key legal issues arising
  • A case study by Chainalysis the cutting edge forensic services currently available and how blockchain analysis can be utilised to trace Bitcoin ransom payments
  • The important do’s and don’ts to assist the potential later recovery of ransomware payments

23/09/21: Risks to Insurance Brokers of a Hard Market

In this Masterclass with Joe Bryant and Wilhelm Matthee of Beale & Co and Matt MacLaren of Griffiths & Armour, we will look at:

  • Broking in a hard market and finding cover
  • Remote working
  • Business Interruption and Covid
  • Silent cyber
  • Managing client expectations, disappointment and E&O issues

14/10/21: Solicitors PI 

In this Masterclass with Joe Bryant, Amanda Norton (ex SRA Compliance) and Jenny Jeapes of Beale & Co, we will look at:

  • Sub-prime insurers and the rise and fall of Crispin Passmore
  • Premium payment as a condition of cover
  • Run off pressures
  • The rise of regulatory intervention and its impact on MTC coverage
  • The SRA consultation on silent cyber and the implications for future claims if the proposals are implemented
  • Some practical considerations for both primary and excess layers going into the October renewal season

21/10/21: Cladding Crisis and the impact of the Building Safety Bill

In this Masterclass, Ian Masser and Michael O’Brien of Beale & Co will be joined by Jonathan Wicke of Ardmore and Michael Attwell of Munich Re to discuss the various issues associated with fire safety and claddding:

  • An update on claims and the trends arising, including the various government funds and the steps claimants are required to take to pursue recoveries as a condition of funding
  • The government’s legislative response, including the Fire Safety Act, the draft Building Safety Bill, and the use of EWS1 forms
  • What contractors and construction professionals are seeing on site – both in terms of historic projects and new work – and the challenges they are facing
  • How insurers are responding

04/11/21: D&O Insurance, Construction and Prosecution Risks

In this Masterclass with Joanna Lewis and Stephen Reilly of Beale & Co and Simon Antrobus QC of Crown Office Chambers we will lead discussions with live audience questions on the following issues:

  • The safety legislative framework in place and common HSE/Criminal offences potentially impacting senior managers, partners and directors leading up to Grenfell
  • The HSE and the Police’s pre-Grenfell approach to investigating and prosecuting offences and the changes we have seen since Grenfell
  • Typical D&O insurance issues and potential insurance gaps arising out of such issues and how to keep yourself fully protected as a senior manager, partner or director
  • What the future looks like for the individual accountability of senior managers, partners and directors after Grenfell

Attendance at our Masterclass Series is limited and hopes to allow for a meaningful and open debate and to promote a forum for discussion.

To find out more information and to register for the talks, please click the links above.