Introduction
This one day interactive workshop provides an introductory overview to the UK Insurance Market with a special focus on the London Market. It examines the history of its development, the major players and services provided.
The workshop is ideally suited to those who are new to the London Insurance Market, or who need to gain an overview of its operation and understand how business is transacted. It may also prove useful for customers who would benefit from understanding a little more about the market within which you place your business.
Workshop Objectives
Delegates who successfully complete this workshop will be able to:
• outline the structure and function of the UK Insurance Market
• list the major players and an overview of their key activities
• review the historical development of the market
• know how business is placed within the market
• detail, in overview, how a claim is handled
Workshop Content
• The Structure and Function of the London Market
• The UK Market and its Position on the World Stage
• An Historical Overview of the Market and Development of Insurance Business
• The Major Players and their Roles within the Market
• The Buyers, Sellers and Intermediaries
• An Overview of the Lloyd’s Market
• Claims Professionals, including Loss Adjusters, Surveyors, etc.
• The Placement of Business
• Spreading the Risk – Coinsurance and Reinsurance
Duration: 1 day(s).