Intermediate Professional Indemnity Insurance
This interactive course is designed to develop knowledge and skills in this specialist topic. The course provides expert insight and builds in real life examples and practical application to bring the subject to life wherever possible. The duration of each course is typically one day, but this can be tailored to the needs of your group. This interactive one-day workshop provides a thorough overview of professional Indemnity Insurance.
Who should attend?
This course has been designed for delegates with previous involvement in Professional Indemnity insurance and who wish to extend their knowledge. Anyone selling PI cover should consider this course, unless a specialist in this field
Summary
Duration: 1 day
No of attendees: 12-16
Format: Online - Virtual delivery
CPD: Recognised
Topics Covered
The course takes a practical and thought provoking look at:
- The duty of care owed by Professionals – legal liability and breach of contract
- Examples of professional negligence claims
- Differing professional exposures
- Professional Indemnity and Errors and Omissions Policy – Key Elements of Cover
- Principal Exclusion
- 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
Learning outcomes
By the end of the course the delegates will be able to:
- outline the different types of cover which may apply to different types of professions
- describe the information required to obtain a Professional Indemnity Insurance quotation
- outline the principal underwriting considerations which apply when underwriting Professional Indemnity Insurance
- explain the important points to remember when dealing with a professional negligence claim
- describe how brokers should handle the current Professional Indemnity Insurance market and what they should be telling their customers
To discuss this course or your learning needs
Your CII Relationship Manager would be delighted to explore your learning needs and can draw on the expertise within the CII Learning Solutions team to support you further.
Please speak with your Relationship manager in the first instance or contact business.enquiries@cii.co.uk for more information.