Technical Insurance Knowledge and Skills

Professional Indemnity Insurance Advanced (BROKER ACADEMY)

Introduction

This one day workshop is highly interactive and is designed for those with several years’ experience of working in Professional Indemnity Insurance and who have already undertaken the Professional Indemnity Insurance - Intermediate workshop.

Workshop Objectives

Delegates who successfully complete this workshop will be able to:

• identify and evaluate suitable markets for the placing of Professional Indemnity Insurance Risks

• review structures and understand trends in Collateral Warranties, Special Relationships at Law and Limitation

• show an awareness of in-depth cover issues, e.g. mitigation of loss, conditions precedent etc.

• detail the arguments for and against LLPs

• demonstrate an in-depth understanding of Professional Indemnity Insurance wordings

Workshop Content

• The Markets for Professional Indemnity Insurance and the Choices and Preferences of Those Markets

• Structures and Trends in Collateral Warranties, Special Relationships at Law and Limitation Issues

• In-Depth Coverage Issues Relating to Mitigation of Loss, Conditions Precedent and Generic Market Endorsements

• The Advantages and Disadvantages of LLPs

• Case Studies

• Exploring Specific Wordings in Two Classes of Professional Indemnity Insurance Choices that are provided, e.g. Miscellaneous and IT

Duration: 1 day(s).  Level: Advanced

• Essentials of Management
• Open Training Workshops
• FAQs
• Links
• Legals