Introduction to Insurance Contract Law
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. This introductory level course is designed to develop delegates’ knowledge and understanding of the principles and practices of insurance and insurance contract law.
Who should attend?
All insurance staff, from brokers or other intermediaries, through to those involved in underwriting, claims, insurance programme design or placement, risk managers, sales or administration. Also lawyers and other professionals whose work brings them into contact with the business of insurance.
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:
- General principles of contract law
- Legal principles governing the formation of insurance contracts:
- The doctrine of insurable interest
- The doctrine of utmost good faith: misrepresentation and the duty of disclosure in relation to insurance
- Warranties, conditions and other terms of insurance contracts
- Void and illegal insurances
- Making an insurance claim – legal rules governing notice and proof of loss
- Construction (interpretation) of insurance contracts, including statutory and common law rules
- The doctrine of proximate cause
- Measuring the loss – the principle of indemnity
- The doctrines of subrogation and contribution
- Exercise and case studies
Learning outcomes
By the end of the course the delegates will be able to:
At the end of this course you will be able to:
- Explain the general principles of contract and business law as they apply to insurance
- Outline the special principles of insurance contract law
- Define the legal rules that affect particular classes of insurance, including marine insurances and the compulsory classes (EL and motor in the UK).
Emphasis is placed on English law but, where appropriate, comparison with US, continental and other legal systems is made.
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.