Reserving Liability Claims

The setting of accurate reserves is crucial to underwriters/captives/brokers/regulatory bodies and businesses. Anticipating the eventual claims settlement during the life of a claim has never been easy. This lunchtime event will explore how to establish and maintain adequate and consistent reserves to inform future underwriting considerations and ensure insurers and businesses have sufficient funds to meet their liabilities.

Learning Objectives:

To obtain a practical understanding of:

• What a claim reserve is
• Why it is important to set an accurate reserve
• Ways in which claims reserves are set
• Sources of information used to set reserves
• Reserving Goals

Speaker Profile:

Maggie has spent over 30 years in the claims management/loss adjusting sector specialising in liability claims. She has occupied a number of technical roles and currently handles a portfolio of high value/complex liability claims, and occupies a referral/supervisory role for branch adjusters. Predominantly a personal injury specialist Maggie has a wealth of experience investigating and negotiating a wide variety of liability claims.

Lunch will be available from 12.30pm, with the session starting at 1:00pm and expected to close at 2:00pm

Event to be held in the Legends Suite, ITFC