London Market - Searchlight Insurance Training

London Market

This 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.

Level: Introduction

Duration: 1 day(s) CII CPD Hours: 6
     

WORKSHOP OBJECTIVES

. 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 settled

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