Introduction to Jewellers' Block, Fine Art and Specie - Training Workshop
25 & 26 February 2025, 09:30-12:30 (UK)
Online Training
25 & 26 February 2025 - Two half day sessions
Jewellers’ block is a form of commercial insurance cover designed to address those risks faced by firms who either manufacture, transport or sell items of jewellery including precious gemstones.
The definition of fine art as to what can be insured under a policy named as such can be extremely wide-ranging.
‘An artist is somebody who produces things that people don't need to have.’ – Andy Warhol.
Specie insurance relates to the cover for items that would traditionally have been limited to bank notes and coins, but this cover now applies to items of high value in relation to this size (for example, watches or a quantity of gold bullion).
Members: £189
Non Members: £249
Workshop objectives
Upon completion of this workshop delegates will be able to:
- Describe the different type of firm or individual who may seek these classes of insurance business.
- Be aware of the relevant risk management measures used by the owners of valuable items
- Understand the rating factors appropriate to the thorough assessment of risks associated with valuable items.
- Be fully aware of the extent of cover provided by the policy insuring valuable items (both commercial and personal lines)
Course Content
- Defining fine art and specie
- Describing the various types of firms who may seek cover in these classes of insurance business
- Consideration of the core cover for jewellery, specie, fine art, and various extensions found in the fine art policy including commonly encountered limitations and exclusions
- Risk management measures and limiting exposure
- Consideration of different methods of claim settlement used by insurers
- Insurance of large risks – co-insurance/reinsurance
The workshop is highly interactive including case studies that can be used for group exercises.
Who should attend?
Brokers/underwriters new to this class of insurance business or those wishing to build upon or refresh their knowledge of the subject.
Trainer
David Hole ACII
Method of delivery
This workshop will be delivered online with a Trainer via Microsoft Teams / Zoom, split over two half-day sessions, on the 25 & 26 February 2025, 09:30-12:30 (UK). Delegates must ensure they can access the session online through MS Teams / Zoom.
Certificate
At the end of this course, you will receive a certificate of attendance from the Chartered Insurance Institute.
Price
- Members: £189
- Non-members: £249
How to book
To register for this workshop, please complete the below form:
For enquiries about this course, please email to: business.enquiries@cii.co.uk
Please note: courses are sold on a first come first serve basis, and therefore availability may change, depending on the number of bookings received. Once a course becomes full, the above date will no longer be available, and new dates will be published.
We reserve the right to postpone the above course dates, subject to a minimum number of course bookings received. Your booking will only be confirmed, once payment has been processed and you receive a booking confirmation email from the training team.
Can't attend on this date? Register your interest in other training courses and future dates.
Please ensure you refer to our terms and conditions before booking on to any of our training courses. By booking on to this course, you are agreeing to our terms and conditions and for your information to be shared with our training provider.