Technical Insurance Knowledge and Skills

Liability Insurance Claims - (BROKER ACADEMY)

Workshop Objectives

Delegates who successfully complete this workshop will be able to:

The overall objective is to provide and reinforce the knowledge needed to build, by experience, sound and pro-active claims handling and monitoring skill - delegates who successfully complete this workshop will be able to:

• explain how legal liability arises from domestic, commercial, manufacturing and professional activities and what may and may not give rise to valid claims for damages, and identify what defences may be available

• apply the terms and conditions of policy covers to claims arising and identify what may, (and to what extent), and may not be covered by policies in place

• assess, validate or challenge (basic principles) the basis for damages for injuries, property damage and financial/economic loss

• explain the structure of the Courts and an outline of Court procedure, and identify and seek the information needed to investigate claims and assess legal liability

• explain the methods of funding legal actions

Workshop Content

• Legal Obligations, Civil and Criminal

• How Legal Liability Arises

• Types of Actions that can Arise in Tort, Contract and Statute – individually and Combined and the Defences that might Arise

• Nature of Injuries, including Psychiatric Harm, Property Damage, Financial and Economic Loss, with Examples that might Arise

• Policy Covers – Employers’ Liability, Public Liability, Products Liability, Financial Loss, Professional Indemnity and Errors and Omissions, including

• Typical Claims
• Policy Triggers
• Treatment of Legal Costs, including Prosecution Defence Costs
• Usual Extensions
• Impact of Exclusions and Conditions
• Impact of Limits of Indemnity and Excesses
• Impact of Insured Identity, Business Description and Geographical Operations

Duration: 1 day(s).  Level: Intermediate

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