Professional Indemnity Insurance
Course Outline
- The duty of care owed by Professionals – legal liability and breach of contract
- Examples of professional negligence claims
- Differing professional exposures, including:
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- Accountants
- Lawyers
- Surveyors
- IT and Telecommunications Companies
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- The Professional Indemnity and Errors and Omissions Policy – Key Elements of Cover:
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- Operative Clause
- “Claims Made” Considerations
- Principal Exclusions
- The principal extensions
- The proposal and underwriting process – how an Underwriter uses the details provided to rate the risk
- The claims process, including incident reporting and PI protocols
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Speaker
Neil Park, FCII
Neil is an experienced trainer and consultant currently working in the insurance industry in the United Kingdom and internationally. He delivers workshops in technical insurance (including property, business interruption, liability, professional indemnity, directors’ and officers’ liability and cyber risk), as well as in risk management, insurance broking and sales and negotiation skills. He is a Fellow of the Chartered Insurance Institute as well as having an MA in Economics from the University of Cambridge and an MBA.
Important Notes:
1. This FIS programme is open for enrolment from insurance practitioners only.
2. This webinar will be delivered via Zoom Cloud Meeting and you will require to have a computer either desktop or laptop, Windows/Mac, or a tablet with camera, microphone and speaker for joining the session and a stable internet connection.