The Insurance Act in practice

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

The Insurance Act in practice

The Insurance Act in practice

This half day workshop is designed for staff and executives of insurers and brokers who wish to gain a better appreciation of how this legislation has changed insurance practice and wordings, and what still needs to be done.

This legislation was the biggest change in insurance law for over one hundred years and fundamentally altered the law on placements and wordings. After the first few months of implementation the issues from the practical application of the act are emerging. Insurers and brokers have reviewed their processes, policy wordings have been amended, clients have grappled with the need to improve information gathering processes – but what has actually changed?

This workshop provides an overview of the changes introduced by the Act, how business processes and policy wordings changed and how compliance with the Act has worked in practice.

Outcome / Qualification etc.

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

Training Course Content

Review of the Act, including changes to the Insurance Act made by the Enterprise Act 2016

What guidance insurers have provided on disclosure requirements?

  • Revised information requirements – different approaches taken by insurers
  • E-trading requirements

How has the need for a fair presentation changed broking presentations?

  • How clients have responded
  • How does a reasonable search work in practice

New policy wordings and the variations in insurers’ approaches to compliance with the Act

  • Brokers responsibilities to compare wordings and advise clients
  • Contracting out


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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Riverbridge House
Guildford Road
KT22 9AD Surrey

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