Tue 21 Apr. 2020

IIL Research Studies - can you help?

The Insurance Institute of London (IIL) would like to give members the opportunity to partake in the research, and contribute to, updated versions of two Research Study Reports.

RS234: Directors' and Officers' Liability Insurance (2nd edition)

The First Edition of this book was published in 2010, and since then there have been many changes in law and regulation that have changed the risk landscape for companies and their directors. The extent of policy cover provided has also broadened over recent years. This time has now come for a thorough revision of the text.

The book provides an explanation of how claims may arise, an analysis of policy wordings, underwriting considerations, aspects of claims handling, reinsurance, risk management and an overview of the law in a number of important jurisdictions.

RS228: Professional Indemnity Insurance (3rd edition)

The First Edition of this book was published in 2001 and the Second Edition in 2010. Any book on this subject will inevitably be out of date very quickly and the time has come for a thorough revision of the text.

The book provides an explanation of professionals’ liabilities, an analysis of policy wordings, claims management, reinsurance, risk management as well as chapters on all the major professions.

All chapters require review to include recent case law, changes to regulation of the professions, specific policy coverage requirements, reinsurance, claims and environmental exposures.

In addition to the significant contribution made to the overall sum of insurance knowledge, being a member of a Research Study Group can provide considerable personal rewards – particularly through broadened expertise and the building of invaluable sets of contacts in other areas of the insurance market.

The aim is to complete the work on both projects by the end of the year.

Contacts:

If you are interested in taking part in either of these projects, please contact Tony Gregory (07712 482212) quoting the relevant RS reference (RS234 / RS228).