Application of Insurance Principles

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Date(s) - 28/03/2017
9:00 am - 5:00 pm



When & Where
21 March 2017 Bristol
28 March 2017 Leicester
7 April 2017 Ipswich
23 May 2017 Glasgow
7 September London
Who should attend?  This one day participative workshop provides an excellent introduction to the principles and practices involved in insurance. It will be suitable for staff working at technician / front line insurance level with less than 2 years experience in insurance.

The workshop can be used as a good grounding for trainees and will provide an introduction to many of the subjects covered by the IF1 examination

What are the outcomes of attending?   


Delegates who successfully complete this workshop will be able to:
Explain what insurance is and why it is important
Explain the concept and operation of • Insurable interest • Utmost good faith • Indemnity • Subrogation • Contribution • Proximate Cause
Describe the nature and function of the documentation used in insurance
– What insurance is and why customers buy it
• Insurable interest: – When and how it arises – How it is distinguished from the subject matter of insurance
• Utmost good faith: – The importance of disclosure of material facts – Those facts that do not need to be disclosed – The rights of the insurer in the event of non-disclosure or misrepresentation – How the FCA affects those rights of insurers

The underwriting process – How underwriters obtain the necessary facts and their underwriting options – The internal and external factors that influence a premium rate
Indemnity – How indemnity is assessed – The principal limitations, e.g. sums insured, average clauses, deductibles/excesses, franchises, etc – the process of settling claims including the responsibilities of the insured and insurer – why and how non-indemnity policies differ
Subrogation & Contribution – Their importance at common law and how they support indemnity – How policy terms and conditions modify their common law application – Different methods of calculating contribution – The operation of subrogation and contribution in simple claim scenarios
Proximate Cause – The principle of proximate cause and how it is applied to claims
The nature and function of the documentation used in insurance – Including policies, cover notes, certificates and endorsements – The general exclusions applicable to policies – The purpose and operation of policy conditions

Who is running the workshop?   

What have previous delegates said about this workshop?  

How much does it cost? £150 +VAT (£45+VAT supplement London)

 How do I book? Can’t see the date or venue you’re looking for? Please let us know and we will try to add another date or venue to the programme. Alternatively, if you have 3 or more delegates, why not consider hosting an open market workshop at your offices? All our courses are also available as in-house workshops, which can be tailored to your needs. Phone us on 01372 361177 or email for more information


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