Introduction to Lloyd's & the London Market
This one day open course is designed to provide an understanding of the operation of Lloyd's 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.
Who should attend?
Those who are new to the 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.
Workshop Content
- Operation of Lloyd's
- Syndicates - what are they?
- The role of the Managing Agents
- Investors, Corporate & individual (names)
- Governance and Regulatory Bodies
From Placing to Policy
- Broking in Lloyd's
- Leading Underwriter
- Life of the Slip
- General Underwriters Agreement/LMP
- References and their purpose
- Policy issue and wordings
- Dealing with alterations
- Collecting premiums
Behind the scenes
- Solvency
- Accountancy
- Central Fund
- Market Bodies/Market Agreements
Claims
- The role of Xchanging
- The claims procedure
- CLASS
- The chain of settlement
Terminology
Trainer:
Ed Gooda FCII SIRM
Registration
Individual price: £220 + VAT.
For more information and to register to attend, please visit the London Market Training Limited website.
CII Accredited
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
7 hours' 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.