Events
Forthcoming events
Summer Networking Event
Following last year's success, the IIB invites you to our third annual Summer Networking Event, (hopefully) enjoying a drink in the sun!
We have reserved both indoor and outdoor spaces at Armada House with exclusive use of their brand new roof terrace. Welcome drinks are provided and entry is free, but there is limited space so please RSVP ASAP.
Wed 03 Jul 6:00 pm – 10:30 pm
Armada House
VULNERABLE CUSTOMERS
The FCA have found following a thematic review that vulnerable customers are often not treated fairly. In fact, many Insurers pricing models have taken significant advantage of these customers, often the more vulnerable the customer the more the insurer has loaded rates at renewal. Some of the UK's largest institutions have been guilty of proactively targeting these individuals and the regulator has had enough of Insurers and brokers balancing their books on the most vulnerable in our society.
Wed 10 Jul 12:00 pm – 1:00 pm
Alan Chandler,
Consumer Duty Update and New Rules on Multi-Occupancy Insurances
The session will cover Consumer Duty updates as well as the new rules that are effective from 1 January 2024 on multi-occupancy buildings insurances following intervention by the government – these new rules impact over 5 million leaseholders who are defined as stakeholders and firms have to act in their best interests. Insurers and brokers will also need to provide information about policies to leaseholders, including details of all remuneration and placement. We will also cover the Leasehold and Freehold Reform Act which has banned commission sharing.
Tue 16 Jul 12:00 pm – 1:00 pm
Branko Bjelobaba FCII, Branko Ltd
INFINITY RELIANCE JUDGEMENT
One of the most important judgements in recent times relating to Bi insurance was made in the Infinity Reliance case, and brokers who fail to change their proceedings risk large Pi claims against them going forward.
This case has shown brokers are very exposed to the following three areas:
1. If indemnity wordings are used rather than declaration linked.
2. Any broker guidance note must reflect the actual policy wording.
3. AICOW must be discussed when there are unusual exposures.
Average was applied by Aviva to the Bi claim following a large loss, and the broker was held liable for most of the shortfall, which was nearly £3m, due to their failure on the above three points.
This webinar, presented by Alan Chandler, one of the most popular presenters in the UK, looks to understand how brokers are exposed following this judgement and how to take practical steps to ensure the right procedures to mitigate these exposures.
This webinar is a must for all broking staff and has significant relevance for underwriters and claims staff also.
Fri 26 Jul 12:00 pm – 1:00 pm
Alan Chandler,
A PLAIN ENGLISH OVERVIEW OF CONTRACTORS INSURANCE
From small builder to plumbers through to large building firms there are an increasing number of contractors needing insurance, often due to the fact that building firms now take on contractors rather than employees. These contractors need professional guidance on their insurance needs, and this presentation will outline the main factors to be taken into account. As an example, would a small building firm really understand the difference between labour-only and bona-fide sub-contractors, if they do not have a broker they are in big trouble, as the Insurance Act 2015 says they must make a fair presentation of risk, without help how do they do this?
Mon 29 Jul 1:00 pm – 2:00 pm
Alan Chandler,
PROFESSIONAL INDEMNITY INSURANCE – HOW CLAIMS CAN ARISE
This presentation provides an overview of professional indemnity insurance. It looks at the main case law underpinning the PI market, why the PI market is expanding in terms of number of policyholders needing the cover yet at the same time the capacity is decreasing.
The webinar, presented by Alan Chandler, one of the most popular presenters in the UK, explores the problems posed by a claims made wording and the difficulty clients have going into retirement without adequate run off cover. The presentation also looks at ensuring the correct limits of indemnity are set.
Thu 08 Aug 12:00 pm – 1:00 pm
Alan Chandler,
Previous events
PFS Summer XCHANGE 2024 - Real World Opportunities Bristol
Welcome to Real World Opportunities – the second series of events within the 2024 XCHANGE programme. Join us for a host of insights into The Budget, AI, Technology and Sustainability – all with the purpose of sharing multiple real world planning opportunities with you.
Come along to hear from a host of speakers and subject matter specialists including:
Sarah Adekola, Carla Brown, Derek Mills and Tony Wickenden
Tue 25 Jun 8:30 am – 4:55 pm
Ashton Gate Stadium - Conference Centre
THE IMPACT OF BOTH INFLATION AND THE OGDEN RATE ON LIABILITY SETTLEMENTS
Brokers, if you do not understand the long-term implications of a negative Ogden in the marketplace then you will be failing your clients – this presentation will help you understand why parliament’s decision to create and stick with a negative Ogden rate has an impact on ALL major liability injury claims.
Mon 24 Jun 12:00 pm – 1:00 pm
Alan Chandler,
THE SIX MAIN LEGAL PRINCIPLES OF INSURANCE
All staff working in the insurance industry should have a practical working knowledge of these principles and this one-hour webinar delivered by Alan Chandler, one of the most popular insurance presenters in the UK, will provide the practical knowledge of these very important pillars that underpin our industry.
Mon 17 Jun 12:00 pm – 1:00 pm
Alan Chandler,
AN OVERVIEW OF MOTOR TRADE INSURANCE
The presentation, provided by Alan Chandler one of the most popular insurance presenters in the UK, will provide an overview of the main covers for a Motor Trader and show where brokers make mistakes when setting up covers.
Alan will explore the background as to why the motor trade market is hardening so badly and why rates will continue to rise. The presentation will also look into how a broker can help clients by getting motor traders to focus more on risk management.
Fri 31 May 12:00 pm – 1:00 pm
Alan Chandler,
Emerging Risks. An Evening with DAC Beachcroft: Predictions for the Insurance Market 2024
The IIB welcome local companies and market leading experts to share their knowledge and deliver seminars on an emerging risk topic of their choice.
We are thrilled to share with you that we have teamed up with one of Bristol's leading international law business, DAC Beachcroft! And are excited to welcome Paul Baker as our expert in the field and guest speaker for the evening.
Join us on the 29th May from 6pm at the Armada house before we kick things off at 6:30pm.
For those who wish to stick around and network, join us for some light bites and refreshments following the seminar!
Wed 29 May 6:00 pm – 8:00 pm
Paul Baker, DAC Beachcroft LLP
Summer Football Tournament
Will you be this year’s champions? Games are 5 a side and each team is guaranteed at least 2 games.
It’s a great way to have fun with your colleagues as well as network with other members. Come along to see if you can bend it like Beckham!
Fri 17 May 5:30 pm
Goals Bristol North