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The Insurance Act

Searchlight
Course summary
0.5 days
London
Next available date: Contact for info - London
Open / Scheduled

The Insurance Act

The Insurance Act

This legislation is the biggest change in insurance law for over one hundred years and fundamentally alters the law on material facts and warranties. Therefore staff at all levels need an understanding of the new legislation and how it might apply in practice.

The workshop provides an overview of the Act, what the new law means and how business processes will need to change.

Suitability - Who should attend?

This half day workshop is designed for staff and executives of insurers and brokers who wish to gain a better appreciation of what this legislation involves.

Outcome / Qualification etc.

Attendance of this course awards up to 3 CPD hours where considered relevant to your professional development needs.

Training Course Content

Background to the Act

  • Why the previous rules were confusing and penalties harsh for non disclosure of material facts and breach of warranty

Review of the new Act

  • What is a fair presentation ?
  • What is required to be disclosed and by whom ?
  • New policies and variations of existing policies
  • Discuss what is meant by reasonable care
  • Warranties and representations

Qualifying misrepresentation

  • What they are
  • Remedies available to insurers
  • Discuss examples of remedies

Expenses

Contact Searchlight for more information about this course. If you have 3 or more delegates, why not consider hosting an open market workshop at your offices? All Searchlight courses are also available as in-house workshops, which can be tailored to your needs.

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Provider: Searchlight

Searchlight - Training Courses for the Business Insurance Industry

Searchlight - Leading UK Training & Consultancy Company for Insurance and Financial Services Professionals

Searchlight is the UK's foremost provider of training for the insurance and financial services industry, covering the full range of technical, regulatory and soft skills needed by professionals operating in this dynamic business environment. Searchlight was the first organisation to receive...


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Contact information for Searchlight

Searchlight

Riverbridge House
Guildford Road
KT22 9AD Surrey

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www.searchlightsolutions.co.uk


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