WEBINAR: How Insurance Intermediaries can cope financially
This webinar will focus on the current financial aspects of riding this storm – overall business solvency, (compliance with adequate resources COND 2.4), looking at key areas of the business, revised requirements of senior managers, etc. In one hour we will also focus on reviewing expenditure, reliance on key clients, HMRC help, furloughing, cutting unnecessary spending and looking ahead.
Learning objectives – by the end of this webinar delegates will have gained an insight into:
- What are the FCA’s expectations right now
- Assessing overall business solvency
- Carrying out a review of all expenditure
- Reviewing exposure to key clients
- Taking advantage of what HMRC is making available
- Furloughing and other staff matters
- Looking ahead to the next stage of any cost reduction
- Does your business interruption insurance cover any of this?
- Responsibilities of Senior Managers at this time
All participants will receive a copy of the presentation after the talk
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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.