Motor Insurance: All you need to know in a nutshell

Tuesday, 26 October 2021
11:00 am – 12:00 pm (UK time)
    • Alan Chandler, Alan Chandler Training

Who Should Take Part?

This webinar is suitable for brokers, underwriters, claims staff and loss adjusters.

About the Session

We all purchase motor insurance for ourselves and most brokers place it for their clients in some shape way or form, but how much do we really know about motor insurance?

It has become so automated that many broker and insurer staff have forgotten the details of the cover, and some have never even been taught about the coverage. This is an opportunity to refresh and learn about this essential cover.

A generation ago most people's first taste of insurance was writing out cover notes and working through manual rating guides forcing staff to understand component parts of motor cover. This has now been replaced by big data and automation meaning less and less people have retained knowledge of this key cover.

Alan will go through the key component parts of a motor policy and it will include looking at what is actually covered under the main cover options. Alan will also explore how rating is evolving with big data which will transform the way motor insurance is rated. The webinar will at the end provide a brief introduction to motor fleet and motor trade insurance.

Learning Objectives

Delegates will be able to:

  • Understand how third-party motor cover operates;
  • Understand how fire theft and comprehensive motor cover operates;
  • Understand the main exclusions of a motor policy;
  • Understand how rating of motor insurance is evolving;
  • Understand the basics of motor fleet and motor trade insurance.

Speaker Biography

Alan has undertaken operational management roles in three major global companies - NatWest Insurance Services, RBS Insurance Group and Allianz Insurance. He has run underwriting, broking and claims functions. Eleven years ago he set up his own training company, something that he had always longed to do as he is passionate about training. Since then he has trained well over a thousand people to become ACII qualified including six individuals who have achieved the best ACII completion in the whole of the United Kingdom. He has also trained many national prize winners. Alan has delivered training for almost all of the Local Insurance Institutes in the UK over the past few years with his enthusiastic presenting style proving very popular. He is one of the few individuals who can teach at all levels of the CII examinations. He teaches almost all certificate, diploma and advanced diploma subjects and is one of the few people who can take someone from certificate all the way through to fully qualified ACII and his pass rates exceed 96%. Alan has presented across Europe on many technical subjects to companies including Allianz, Zurich, Aon, Marsh and Willis. He has been involved in the setting up of many diploma and advanced diploma programmes in both the UK and Ireland and is driven by a passion to see increased professionalism within the insurance industry.

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.