Insurance implications of Brexit

The Insurance Institute of Inverness, the Highlands and Islands are happy to announce that their next webinar will explore the insurance implications of Brexit

Despite dominating much of press coverage for many years, due to the occurrence of Covid-19 around the globe Brexit is now getting far less press coverage, and there is a danger the insurance industry could slip into 2021 without fully considering the impact of Brexit.

The UK are due to leave the EU at the end of the year and there will be implications for insurance contracts. Whilst there is a chance of something being negotiated the FCA are preparing for all eventualities.

This webinar, presented by Alan Chandler, one of the most popular presenters in the UK will run through a brief history of how the EU has changed insurance, before exploring how the insurance industry could change from January.

There will be Implications for nearly all classes of business including motor insurance, travel insurance, commercial insurance and marine insurance which will be explored as well as exploring what will be the position on insurers who passport into the UK.

Learning outcomes

Delegates will be able to:

• Understand the history of how the EU has changed the insurance industry
• Understand the potential implications of Brexit on insurance policies
• Understand the potential implications of future passporting

This webinar, presented by Alan Chandler, one of the UK's most popular insurance presenters, will start by running through how business interruption insurance is normally set up and will include examining the steps involved in how a Bi claim is settled. Once this basis is established Alan will explore how to project sums insured through the indemnity period and why the underwriter broker relationship has never been more important. Letters of intent may become the temporary new norm.

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