Insurance School 2022

Wednesday, 18th May 2022

Date

Wednesday, 18th May 2022

Insurance School 2022

Wednesday, 18th May 2022

Description

This year we focused on 4 core interactive sessions which will ran as live hybrid events that provided an introduction to the key issues and lines of business you are likely to encounter at this stage of your career.

All sessions cover a broad overview of the legal, regulatory, claims and coverage issues you need to know about. Registrants are also provided free access to 15 other related training sessions to view at a time that suits you.

The sessions cover:

Session 1 – Introduction to Insurance with a Legal and Regulatory overview

In this session, Partner Simon Matthews and Senior Associate Flavia Solimano cover the below topics:

  • London Company market
  • London Lloyd’s market
  • Producing/placing brokers
  • Principal classes of business written
  • Reinsurance
  • Market security
  • Insurance underwriting process
  • Distribution channels including delegated underwriting
  • Insurance Act
  • Consumer Insurance laws
  • Commercial Insurance laws
  • Dispute Resolution including the FOS
  • ICOBs, TCF and complaints

Session 2 – Insurance Policies, Coverage Issues and likely areas of challenge

In this session, Partner Joe Bryant and Solicitor Jon Quirk cover the below topics:

  • Policy Interpretation rules
  • Policy formation
    • Contract certainty
    • Insurance Act 2015 (Fair Presentation, statutory remedies
    • Insurable interest
  • Basic policy structure
    • Wording
    • Schedule
    • Endorsements
    • Slips
  • Insuring clause and proximate cause
  • Exclusions
  • Warranties
  • Common terms and conditions
  • Notification
  • Aggregation
  • Double Insurance
  • Third Party Rights Against Insurers

Session 3 – Introduction to Professional Indemnity Insurance

In this session, Partner David McArdle and Associate Melissa Evans cover the below topics:
  • Third Party
  • Claims Made
  • Civil Liability
  • In course of Professional Business
  • Regulatory cover
  • Involvement of Regulatory Bodies
  • Consumer Protection
  • Overview of Professions
    • Solicitors
    • Accountants
    • Surveyors
    • Insurance Brokers
    • IFAs
    • Education
    • Architects
    • Engineers

Session 4 – Introduction to Other Insurance Classes

In this session, Partner Ross Baker and Senior Associate Nathan Penny-Larter cover the below topics:

  • D&O
    • Scope of cover- Sides A, B, C
    • Common extensions to cover
    • Common exclusions
    • Double insurance issues
    • Common coverage issues
    • Common types of claims and claimants
  • FI
    • PI
    • BBB
    • Fidelity
  • Cyber
    • Crisis Management / first response
    • PI
    • Data Breach / Regulatory costs
  • Property / Business Interruption
  • Casualty classes

If you are interested in watching the recordings of these sessions, please contact events@beale-law.com.