Insurance Law - What Every Corporate Lawyer Needs to Know
- Date 30 April 2014
- Time 09:30 - 17:15
- Location London
- Full venue address Venue to be confirmed 14 days prior to the course date London United Kingdom
- CPD Hours 6
£480 + VAT
Subscribers to the MBL Season Ticket scheme are entitled to 50% discount or greater with a SmartPlan.
- Event type Seminar
This seminar is aimed particularly at in-house lawyers and solicitors in law firms who need to advise their corporate clients when insurance issues arise. It looks at the main forms of insurance cover that corporates should have. Particular focus will be placed on business interruption and directors and officers insurance.
The seminar will look at the interpretation of insurance documentation and key terms. It will consider how claims should be notified and handled. Discussion will centre on how best to overcome defences raised by insurers. Finally, it will look at different ways that insurance disputes may be resolved.
What You Will Learn
This seminar will cover the following:
What should be covered?
* Main types of cover corporates should have, including material damage, business interruption, theft and burglary, fidelity employers liability, public liability and products liability, directors and officers liability insurance
* Importance of covering different entities in the business, such as subsidiaries, joint ventures
* Whether to cover on a losses occurring or claims made basis
How to go about obtaining insurance cover
* Whether to seek a bespoke policy or a commercial package type insurance
* How to structure cover through deductibles, use of captives, layers and limits
* Using a broker for advice and to seek cover
* Importance of full disclosure to insurers
How to understand the insurance wording
* Usual layout of policies
* How insurance policies are interpreted
* Key insurance terms, such as warranties, conditions precedent, exclusions
How to notify claims
* Notifying circumstances and claims
* Ensuring all relevant matters are notified
* Importance of notifying in time
How to handle claims
* Gathering information to support claim
* Co-operating with insurers
* Pursuing insurers to pay claims, corresponding with insurers and invoking the Insurance Conduct of Business Rules
* Using broker to present and handle claims
How to resolve disputes
* Litigation through the courts
Speaker: Alison Green LL.M, Barrister, 2 Temple Gardens. Alison specialises in commercial law, in particular insurance and reinsurance law. Alison has extensive experience of insurance and reinsurance litigation on coverage and avoidance disputes involving a wide variety of covers. She is joint leader of the Insurance and Reinsurance Group of 2 Temple Gardens and Vice President of the British Insurance Law Association, having previously been its Chairman, and is Vice Chairman of the Law Reform Committee of the Bar Council. She is a member of A.I.D.A. Reinsurance and Insurance Arbitration Society (ARIAS) and sits as an arbitrator. She has contributed to books and has written articles on these areas of law. Alison is the author of the chapter on insurance terms in "Insurance Law: An Introduction" by Professor Merkin, published 2007 and was joint editorial adviser on "Insurance Contract Law" by Professor Merkin (now Colinvaux and Merkin). She is a member of the Law Commission's Advisory Panel in relation to the Law Commission's Review of Insurance Contract Law.
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