Introduction to the London Market

Course Introduction

This live on-line interactive insurance webinar is designed to introduce delegates to Insurance conducted within the London Market. The course also includes a brief introduction to how data and funds move across the market. It is suitable for people in non-insurance roles and those new to the industry.

The webinar will be highly interactive with delegate participation and engagement throughout.

The webinar is delivered by a Certified Online Learning Facilitator.

Course Objectives

At the end of the webinar delegates will be able to explain:

• How insurance started, and has since developed
• The role Lloyd’s plays in the London Insurance Market
• The market bodies that operate within the insurance industry
• The roles of both the underwriter and broker and how the placing of risks occur
• The processes involved for placement and premium
• The need for reinsurance
• The processes involved for claims notification and payment

Course Content

• History of the London Insurance Market
• Lloyds
• The market place
• The underwriter
• The broker
• Placing
• Placing process
• Overview of Reinsurance
• Brief Introduction to Claims
• Claims notification and payment process