Commercial Property Insurance – Avoiding the Underinsurance Trap

If you work in Property Insurance – this session is for you!

Alan will examine the critical issue of underinsurance in the UK property market and how to help clients avoid this trap. Underinsurance has worsened significantly with double-digit UK inflation, and we’ll explore where inflation is heading next.

A key problem: balance sheet figures differ from insurance requirements. Alan will highlight these differences to help you warn clients effectively!

Learning Objectives:

• What clients actually need to take into account when settling buildings, contents & stock sums insured
• Methods for assessing the value
• Explore why underinsurance is so common
• The effects & problems for underinsurance for the client
• The Brokers Duty
• Increasing cause of professional indemnity claims against Brokers
• It’s about protecting the customer, protecting your business and protecting your reputation!

Our Speaker: Alan Chandler is a widely respected insurance presenter who has guided thousands to ACII qualification, including national prize winners. His webinars reach over 100,000 people annually across the world. He has delivered training for major insurers and brokers and regularly provides technical and examination training for the Chartered Insurance Institute across the UK.

Cost: £19 plus vat per person

Attendance counts towards your individual CPD.

The session will be held via Zoom, details will be included in the email confirmation when booking online or alternatively will be sent to delegates in advance of the session.