Commercial Policy Coverage and Pro-Active Claims Control - Cancelled

Following recent CPD and training events, we are offering members the chance to attend a new training course that is not specifically aimed at CII exams, but which will assist General Business staff and candidates for P05/M05, P85, P93, P96, 820 and related property, business interruption and legal subjects.

In the morning, we’ll take a calm look at:

• Buildings, machinery & stock clauses
• Business Interruption - a review of
• the policy formula, particularly -
• Turnover, Revenue & Fees
• Gross Profit and wages
• Rate of Gross Profit
• Profit & Loss accounts
• Drafting a Sum Insured
• Standard Turnover
• Special Circumstances
• Increased Costs of Working
• Savings in insured expenses
• Types of classic Underinsurance

In the afternoon, we’ll work on some real-life fire claims, including:

• Fire inception & spread – “persons reported” and severity of damage?
• Causation, alarms and policy liability
• Insurers & Insureds – revisiting underwriting now?
• “Senior management”, the search for relevant information & “blind-eye” knowledge
• Conditions & warranties – the old and new law
• Preparing for the coming changes in the onus of proof.
• The Insured’s duties when claiming – legal & practical points to watch
• Setting Reserves and
• why they matter to Insurers and Insureds
• Public Authorities & Reinstatement - surprises here?
• How the Insured should be pro-active throughout and
• Assemble information for interim payments
• Explaining Interruption essentials and
• Making assertive uses of the policy formula
• Fraud – what it is, and its changing consequences

The workshop will be interactive and engaging, with plenty of opportunities for questions and your views.

£40:00 per person

Presented by Rod Smith FCII FCILA
CII-accredited Advanced Technical Trainer

This event is limited to 12 delegates so members are advised to book as soon as possible in order to secure their place. To reserve your spot at the event, please email robin.giles.cii@googlemail.com with your name and CII pin number.

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