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

Individual price: £220 + VAT.

For more information and to register to attend, please visit the London Market Training Limited website. 

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