Professional indemnity

Understand the risks which arise and face different types of professionals
Glasses resting on a notebook and laptop

This one-day workshop comprises several interactive sessions focusing on key case studies that will reveal how claims can arise and how policy cover operates.

The importance of policy wording is explained, and insight into obtaining relevant information and prospecting opportunities is explored.

Key objectives:

  • The professions which benefit from this cover and the exposure presented by the services offered
  • How liability can arise under common law, statute and contract
  • How the main areas of policy cover operate
  • Major risk assessment features
  • How insurers view certain risks when presented by a broker
  • Principle exclusions found under a policy
  • The impact of a claims-made wording
  • Why a typical wording might need to be extended
  • The impact of how a claim might arise
  • Application of the cover to sectors such as accountancy, advertising, construction, engineering, insurance, the legal profession, marketing, media, PR and technology.
  • Course content

    • Duty of care owed by professionals
    • Legal Implications of a breach of the duty
    • Application of policy wording to a claim
    • How to gather and interpret proposal form information
    • How to distinguish between an attractive and an undesirable risk
    • Issues around a range of trades
  • Methodology

    At all points in the course, explanations are supported by appropriate case law and statute. Workbooks and supplementary materials are provided.

I would just like to mention that even though the training has had to change due to Covid-19, I couldn’t have asked for better support than I get from Clive. He is so supportive and helpful with the CILA and has always maintained that we can contact him anytime if we require assistance with any issues that we have.

Anonymous
Apprentice learner

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Please contact us to learn more about Wiser Academy or talk about your specific training requirements.
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