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10:45 11:00 (15 mins)

Main agenda

Coffee & Registration

11:00 11:45 (45 mins)

Main agenda

Insurance: The Basic Concepts

What is insurance and how does it differ from a financial guarantee?

General principles of English Insurance Law:


  • insurable interest
  • “utmost good faith”
  • warranties
  • conditions precedent


The role and responsibility of the broker in the insurance market

Reform: the Law Commissions and the EU

  • Ben Ogden - Partner, Ince & Co
  • Chris Jefferis - Partner , Ince & Co

11:45 12:30 (45 mins)

Main agenda

The Products


  • What’s available
  • The protection afforded, tenor, capacity and cost


12:30 13:15 (45 mins)

Main agenda

Coverage


  • Placing a risk in the market – some frequent issues
  • Insured perils
  • Exclusions
  • The management of the cover
  • Particular clauses and case studies


13:15 14:15 (60 mins)

Main agenda

Networking Lunch

14:15 15:00 (45 mins)

Main agenda

Establishing a Claim


  • The general position and policy provisions
  • Notification, date of loss and waiting periods
  • Quantum
  • Deductibles, limits and coinsurance
  • Proofs of loss and examination of insured
  • The role of the loss adjuster


15:00 15:45 (45 mins)

Main agenda

Disputes


  • Negotiation and compromise
  • Proper law and jurisdiction
  • Court or arbitration - a comparison
  • Alternative Dispute Resolution


15:45 16:00 (15 mins)

Main agenda

Afternoon Refreshments Break

16:00 16:45 (45 mins)

Main agenda

Recoveries


  • Subrogation
  • Private and public international law
  • Enforcement and execution
  • Reinsurance
  • Alternative approach


16:45 17:30 (45 mins)

Main agenda

Lessons to be Learnt


  • Do the products deliver?
  • The record to date