General Insurance market update – issues and implications

The last 12 months have seen huge changes in the insurance market and the wider world, to include Brexit, Covid-19 lockdowns, the BI Supreme court judgement, and a hardening insurance market. This practical and impactful session provides an overview of general UK market issues, developments and their implications for Insurers and Brokers alike.

Learning Objectives

• Understand how the Supreme Court decision impacts BI in the future.
• Be aware of key market developments and their practical implications for brokers and insurers.
• Be aware of market innovations and their potential use for clients

Content and Learning

• Key post Supreme court decision BI issues - trends clause application (Orient Express), loss causation
• Market developments - hardening of rates, additional exclusions (cyber, pandemic), Brexit (loss of passporting), broker consolidation.
• Market innovation - parametric, AI, emerging risks (self-drive cars, smart products)

Speaker Biography

Diane Jenkins BA (Hons), ACII, Chartered Insurance Broker of Nick Thomas & Associates has huge experience working with major Brokers across a range of roles and disciplines, to include: • Placement • Programme design • Training • New business • Client Servicing • Mergers and Acquisitions (M&A) due diligence

Diane is now a highly respected trainer to the insurance market. Diane’s strength is in practical application of knowledge with specific specialisms including Business Interruption, Cyber and Property Owners. She is the Education Secretary and former chairperson of the London Business Interruption Association. She was part of the IIL Advance Study Group - Business Interruption Policy Wordings and has collaborated with the authors of several Business Interruption textbooks. She is a member of the Cyber Insurance Association, and she carries out the insurance cyber policy reviews for Cyber|Decider (https://www.cyberdecider.com/) Diane’s work includes delivery as an Associate for Nick Thomas & Associate.

In recent months, Nick Thomas & Associates have delivered highly acclaimed training and webinar series providing up to the moment solutions to the challenges of the developing ‘new normal’.