Advanced Reinsurance Contracts and Disputes Masterclass
Reinsurance industry practices have changed in recent years, placing more and more emphasis and importance on reinsurance contract wordings. Attending this event will bring you right up to date with latest developments so you can have confidence in your contracts.
It is apparent now more than ever that a contract is only an advantage if it exactly reflects what the underwriter intended and the insured expected. If companies want to avoid lengthy and expensive disputes, they must develop clear and thorough reinsurance agreements and avoid frequent and small nuances that can land reinsurance companies in trouble.
Attending this event will bring you right up to date with the Insurance Act 2015 and the Enterprise Act 2016, and their impact on your policy wordings.
Other key topics that will be covered include:
- Issues, options and effective drafting of follow wordings
- Drafting wide or narrow clauses for settlements
- Dealing with commutations
- Notice, information and cliams control clauses
- Common mistakes to avoid during drafting
- Property and casualty clauses
- Aggregation
- Dispute resolution and the the implications of wordings
This seminar focuses on the advanced, up-to-the-minute issues and gives you the opportunity to ask your questions to the expert trainers.
Upcoming start dates
Suitability - Who should attend?
Benefits of attending
By attending this comprehensive course you will:
- Get up-to-date with the latest developments in applicable law
- Understand the impact of the Insurance Act 2015 and the Enterprise Act 2016 on your policy wordings
- Hear about the role of notice, information and claims control/cooperation clauses
- Grasp and learn to avoid the common mistakes in drafting watertight reinsurance clauses
- Master the latest developments in property and casualty clauses
- Gain knowledge of the regulatory considerations when launching a new product
- Understand the implications of recent judgments involving follow clauses
- Learn how to be prepared for reinsurance disputes and how to deal with them when they arise
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