Webinar – Professional Indemnity Insurance

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.

Learning Objectives

Delegates will be able to:

• Understand the main purpose of professional indemnity cover.
• Understand the case law that supports the Pi market.
• Understand why demand for Pi is increasing but capacity decreasing.
• Understand the issues surrounding a claims made wording.
• Understand why limits of indemnity are often inadequate.

It is relevant to general insurance brokers/intermediaries, their insurers, and any other market participants. Joining instructions will be sent out shortly before the Zoom webinar begins.

Speaker bio

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. Alan has delivered training for almost all the 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 and is driven by a passion to see increased professionalism within the insurance industry.

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