When a lie is dishonest and a claim isn't.
Jeff Heasman, Jeff Heasman Training & Consulting Date: Tuesday 6th December 2016 Time: 12pm - 1pm including buffet lunch pre-lecture Venue: The Castlegate in the Foundry Room Cost: Free
This interactive and thought-provoking seminar focuses on the recent decision of the Supreme Court in Versloot Dredging BV v HDI-Gerling Industrie Versicherung AG (The DC Merwestone) relating to fraudulent devices. There is also an analysis of how an insurer's remedies will be impacted by this decision and the provisions of the new Insurance Act 2015. The background to the development of the law relating to fraudulent devices is looked at so as to provide the context for the Supreme Court's recent decision and discussion throughout will center on whether the Supreme Court has sent the right message to potential fraudsters.
Learning Objectives At the end of this session, participants will be able to:
• Identify the key elements of the fraudulent claims rule as it relates to fraudulent devices
• Understand and critically analyse the main aspects of the judgement of the Supreme Court in The DC Merwestone
• Understand the relevant provisions of the Insurance Act 2015 and how these will impact on how an insurer may deal with fraudulent claims and the remedies available to an insurer
• Apply the knowledge gained from the seminar to deal more effectively with, and find practical solutions to, claims involving a fraudulent device