Ogden Discount Rate Change

This presentation will be run by Alan Chandler, Chartered Insurer who is one of the leading UK insurance trainers.

He will explain the difference between special and general damages in liability claims and focus on how the change in the discount rate will completely transform the General Insurance market. He will also explain how certain elements of the liability claim gets changed by the Ogden tables (known as the discount rate). Finally Alan will outline what may happen next to the rate

Learning objectives from the seminar are as follows:

• understand the difference between special and general damages in liability claims
• understand how the Ogden table rates affect liability claims
• understand how the recent change in discount rate will affect premiums in the market place
• understand the capital implications for insurers following the Ogden table change

Alan has undertaken operational management roles for three major global companies. NatWest Insurance Services, RBS Insurance Group and Allianz Insurance and has run underwriting, broking and claims functions.

12 years ago he set up his own training company something that he had always longed to do due to his passion for training and professionalism.

Alan has trained over 75% of the Bristol Institute examination award winners for Diploma and Advanced Diploma subjects. He has also trained six of the individuals who have achieved the best ACII completion in the whole of the United Kingdom. Many of the people he has trained have won national prizes from subjects as diverse as Law (MO5), Liability (M96), Commercial Property and BI (M93), Personal Lines Insurance (M86), Business and Finance (M92), Underwriting Practice (M80), Advanced Underwriting (960), Claims Practice (P85),Advanced Claims (820), Marketing (945) and Advanced Broking (930).

Alan helps run the Allianz scholarship programme in both the UK and Ireland. He also runs throughout the UK and Ireland the Allianz technical academy programme for their brokers and the Allianz Cii training programme for their staff. He is one of the few individuals that can take someone from Certificate and train them all the way through to ACII with pass rates regularly exceeding 96%.

As well as training in Allianz Alan has undertaken training for most of the major brokers at some point including Marsh, Aon, AJG, Bluefin, Higos and many others, this is in addition to undertaking work for the Chartered Insurance Institute.

Venue: UCLAN, Foster Buildings, Scholars Restaurant, Preston, PR1 2HE

Time: Seminar begins around 6:15pm, but come along for 5:30pm for your complimentary hot meal.

Booking: To confirm your place, and for catering purposes, please contact Joanne on joanne.bramley@sentinelrisk.co.uk or on 01772 789455 before 21st November

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