About this course
The slip holds a pivotal role in the placement of insurance within the London Insurance Market. Its clarity, precision, and adherence to contract certainty and Market Reform Contract (MRC) standards are fundamental.
This course is designed to equip participants with a good understanding of Lloyd’s and London Market slip preparation. It covers existing practices and will also help to put market transformation and wider market modernisation activities into perspective.
What you will learn
Course Objectives
By the end of the session, you should be able to:
- Articulate the significance of the slip/MRC
- Identify potential issues arising from improper creation
- Assess the impact of market transformation and wider market modernisation activities on slip preparation
Course Content
- Understanding the fundamental nature of a slip
- Exploring its primary objectives
- What are the options if not used?
- Crafting a high-quality slip and defining the standards of excellence
- Analysing the influence of e-placing on the overall process
- Navigating the implications of Brexit and its effects
- Understanding the Core Data Record (CDR), MRCv3 and their role in wider market modernisation
Recent reviews
Really useful session. I think it could have benefitted from being longer to go into more detail.
The great thing about this course is its practical approach and use of real-world examples, which were invaluable for someone like me, transitioning into the industry. It helped deepen my understanding and refine my skills in key areas. This hands-on learning has been a crucial boost to my progression. I’d…The great thing about this course is its practical approach and use of real-world examples, which were invaluable for someone like me, transitioning into the industry. It helped deepen my understanding and refine my skills in key areas. This hands-on learning has been a crucial boost to my progression. I’d highly recommend this course to anyone looking to transition into the insurance field, whether you have minimal knowledge or are just starting out in the industry. It’s perfect for building a solid foundation and gaining practical skills quickly.Read more
lots of the examples and talking points not relevant to my work ie. marine or international placements