This course provides an introductory overview of the principle of risk transfer, the features of insurable risk, the different types of insurance available in the UK insurance market and the make-up of the Lloyd’s and London Insurance Market. The course includes a guided tour of the Lloyd’s building.
What you will learn
Who should attend? This course has been designed for delegates with limited knowledge of insurance and the UK Insurance Market.
Understanding Risk • Key components of risk • Categories of risk • Risk transfer and the role of reinsurance
Why insure? • Functions of insurance • Benefits of insurance
The insurance market • Market overview • The role of the regulator • The role of Lloyd’s & the London insurance market
General Insurance • Personal Lines • Commercial Lines • Wholesale
Life assurance/Long-Term Savings Products/Pensions • Types of life policy • Term policies • Endowment policies • Whole of life policies • Other long-term savings products • Pension products
Medical policies • Critical illness • IPI policies • Other medical policies
01525 850086
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