The Rise of Errors and Omission Claims Against Brokers 14 January 2020
The Rise of Errors and Omission Claims Against Brokers
Date: 14 January 2020 12:30-13:30
Location:
Towergate Insurance Brokers
3rd Floor Exchange House
486 Midsummer Boulevard
Milton Keynes
MK9 2EA
Price: Free
CPD Hours: 1
Overview:
This presentation will explore why the amount of errors and omission claims against brokers are on the increase.
Various new pieces of legislation including the brokers duty under the Insurance Act 2015, GDPR and the Insurance Distribution Directive are making brokers more vulnerable which coupled with increased litigation in society, increased client expectations and ever higher regulatory demands mean that brokers cannot continue to do what they have always done, far more proactivity is required.
Alan Chandler who is widely regarded as one of the leading trainers and presenters within the UK will provide a number of examples of how the tide of litigation is turning against insurance brokers and what they need to do to mitigate their E&O risks.
Learning Objectives:
By the end of this session, delegates will be able to:
• understand why broker error and omission claims are increasing
• understand how recent statutes are increasing the E&O risk
• Take positive action to mitigate these E&O risks
To confirm your place on the event, please email kirsty.ball@insurancefraudbureau.org or book via the CII website.
CII Accredited
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.