Description
This half-day course is designed to provide a general understanding of the operation of Lloyd's and the London Market within the Global Insurance Market. The course includes a brief history of Lloyd's up to the present day and the important role it plays.
The course is suitable for those who are new to the insurance industry or those who would like to refresh their knowledge. It would also be suitable for support staff who would like to extend their knowledge in this area.
What you will learn
Operation of Lloyd's and the London Insurance market
• the history of Lloyd’s and the London Market
• Syndicates — what are they?
• the role of the Managing Agents
• Members Agents
• a brief introduction to investors, Corporate & Individual (names) and Governance and Regulatory Bodies
From Placing to Policy
• Broking in Lloyd's and the London Market
• Leading Underwriter
• life of the Slip
• General Underwriters Agreement/LMP
• Policy issue and wordings
• dealing with alterations
• collecting premiums
• the claims process
01525 850086
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