Description
In many respects a motor traders policy mirrors a conventional commercial combined insurance policy featuring all the main classes of cover one would expect businesses to require (property, EL, PL etc).
This short workshop, however, focuses upon the other areas of cover that are more specific to the actual activities of motor traders as well as those sections of the policy that are less frequently encountered.
What you will learn
Suitable for
Experienced brokers who have experience of dealing with motor trade but want to improve their knowledge of it.
Course Objectives
By the end of this workshop delegates would have obtained a sound base of knowledge and insight into the following areas of cover:
- Wrongful conversion
- Assault/personal accident
- Motor Prosecution Defence
- Contrasting Gross Revenue, Gross Rentals, Gross Profit, ICOW by study of loss of licence cover
- Liability for defective workmanship
- Relevant areas of inspection cover
- Variations upon more conventional commercial perils cover (theft etc)
- Cover for adjustments necessary due to undisclosed accident damage or previous theft.
- Contingent motor liability cover
- Managing risk whilst working away.
There will also be the opportunity to discuss other areas of cover typically found in the motor traders policy if required.
The workshop will be as interactive as possible bearing in mind the limited duration.