CII Certificate in London Market Insurance - LM3 (One Day Workshop) - Searchlight Insurance Training

CII Certificate in London Market Insurance – LM3 (One Day Workshop)

LM3: Certificate in London Market Insurance

This unit enables a student to build on introductory knowledge of the London Market (typically from
studying units LM1 and LM2) by developing knowledge and understanding of:

• the underwriting disciplines within the London Market;

• key elements of the cycle, including business planning and obtaining capacity, pricing and the
importance of putting together a contract which is both clear and certain;

• the opportunities and challenges posed by using different distribution channels such as delegated
underwriting.

This one-day revision workshop can be delivered in two different formats.

Firstly, if students have undertaken extensive self-study then this course will conclude with a 50 MCQ mock exam.

Or secondly, the tutor can spend the day working with the students on the main topics of the exam and the multiple choice questions/answers along with the Mock Test can be taken away by the students to complete in their own time.

Level: Introduction

Duration: 1 day(s) CII CPD Hours:
     

WORKSHOP CONTENT

1. The framework within
which business is conducted in the
London Market

2. The role, purpose and
implications of policy wording in
practice

3. The role and importance of
business planning and capital setting
in the London Market

4. The pricing of risk at an
individual and at a portfolio level

5. The various methods of
writing business and distribution

 

LEARNING OUTCOMES

  • Understand the framework within which business is conducted in the London
    Market
  • Understand the role, purpose and implications of policy wording in practice
  • Understand the role and importance of business planning and capital setting
    in the London Market
  • Understand the pricing of risk at an individual and at a portfolio level
  • Understand the various methods of writing business and distribution