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Professional Indemnity Insurance – Intermediate

Searchlight
Course summary
1 day
210 GBP excl. VAT
London
Next available date: Enquire for more information - London
Open / Scheduled

Professional Indemnity Insurance – Intermediate

Professional Indemnity Insurance – Intermediate

The workshop will be highly interactive and will include a series of exercises and case studies to reinforce the learning.

Participants will be able to:

  • Explain how tortuous and contractual liabilities co-exist and how they may differ in their application
  • Evaluate the major exposures of different professionals and explain the major differences in coverage offered to them
  • Explain recent legal developments impacting on the liability of professionals
  • Detail the cover provided by a typical design and build policy
  • Detail the underwriting process and explain the principle underwriting considerations
  • Examine what processes professionals could use to manage their risk

Suitability - Who should attend?

This workshop is suitable for those with several years’ experience of working with Professional Indemnity insurance and looking to learn more.

Outcome / Qualification etc.

Attendance of this course awards up to 6 CPD hours where considered relevant to your professional development needs.

Training Course Content

  • A recap on the duty of care owed by professionals followed by consideration of some of the standards of care applied
  • Employees’ personal duty of care
  • Comparison of tort and contractual liability - how they co-exist, limitation periods etc.
  • Risk assessment exercise applicable to accountants, solicitors, surveyors or IT consultants
  • Policy wording comparison
  • Factors to be considered when underwriting the professional indemnity risk
  • Managing the professional indemnity risk
  • Testing (optional)

Expenses

London price is 210 GBP.

Regional price is 170 GBP.

Provider: Searchlight

Searchlight - Training Courses for the Business Insurance Industry

Searchlight - Leading UK Training & Consultancy Company for Insurance and Financial Services Professionals

Searchlight is the UK's foremost provider of training for the insurance and financial services industry, covering the full range of technical, regulatory and soft skills needed by professionals operating in this dynamic business environment. Searchlight was the first organisation to receive...


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Contact information for Searchlight

Searchlight

18, The Courtyard, Common Lane, Culcheth
WA3 4HA Cheshire

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www.searchlightsolutions.co.uk


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