Webinar - Understanding Clients Accounts

The Insurance Institute of Cardiff invite you to a webinar on – A plain English overview for all insurance staff on how to understand clients’ accounts

Event Details:

Wednesday 7th April 2021 09:30 - 12:30

The webinar will be run via Zoom, a global web-conferencing solution. Zoom is easy to use, a link and joining instructions will be sent to you prior to the webinar.

About the session:

Covid-19 has forced the UK into a recession and understanding clients’ accounts has never been more important for brokers and underwriters alike, with tremendous scrutiny now being put on clients' accounts, so account executives, account handlers and underwriters will need to understand the main terminology.

This presentation, provided by Alan Chandler one of the most popular presenters in the UK, looks to provide a plain English understanding of what is in a balance sheet, Profit and Loss account, a cash flow statement and how these can be read easily by non-accountants. The webinar will also include an overview of the main financial ratios again explained in a plain English way aimed at non accountants.

There will be an opportunity to do some interactive learning using a set of accounts to gain further understanding.

The webinar will run from three hours with a break in the middle.

About the speaker:

The Course will be run by Alan Chandler.

Alan has been an operations and project manager in three large global companies. NatWest insurance services, Royal Bank of Scotland insurance group and Allianz. In the last ten years running his own training company he has taken more than 1.000 people to Acii including six people who have achieved the top ACII pass rate in the whole of the UK. He has trained national prize winners in almost all CII subjects, has been a CII examiner and has a pass rate of 96% in cii training. His website is www.alanchandler.co.uk

Learning Objectives

• The different component parts of a Balance sheet and what underwriters should look for.
• The different parts of a profit and loss statement.
• What is a cash flow statement.
• How to do some basic financial ratios to get a better understanding of a policyholder's financial position.

Further information.

A link will be sent via your email address supplied the day before the event. PLEASE DO NOT share this with anyone else.

Please note that this webinar will be hosted on the Zoom platform which may be restricted by some employers. Members may need to utilise their own personal devices in these circumstances to access the platform.

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