Description
About the course
This interactive live online one-day insurance webinar provides a thorough overview of professional Indemnity Insurance.
The course will be highly interactive with delegate participation and engagement throughout. This all day course consists of 2 x 90‐minute sessions and 2 x 75-minute sessions.
There will be a maximum of 10 delegates.
The course is delivered by a Certified On-Line Learning Facilitator (COLF) who is a Chartered Insurance Broker with over 40 years insurance experience.
What you will learn
Course Objectives
By the end of the workshop delegates should be able to:
- Outline the different types of cover which may apply to different types of professions
- Compare and contrast the coverage given by different policy wordings
- Identify how professional indemnity insurance should be dovetailed with other liability insurances.
- Discuss the need for professional indemnity cover for non-traditional sectors
- Describe how brokers should handle the current Professional Indemnity Insurance market and what they should be telling their customers
Course content
Consideration of:
- How liability arises and the Duty of Care
- Collateral Warranties
- Tort and Contract – What is insurable and what isn’t
- Punitive Damages
- Liquidated Damages
- Recent Supreme Court decisions
- Policy Cover Comparisons
- Principal Exclusions
- USA Jurisdiction Clause
- Principal extensions
- Differing professional exposures, including:
- Design & Construct
- Surveyors, Architects & Engineers
- IT and media
- Risk Management