Webinar: The Rise of Errors and Omission Claims Against Brokers and why Broker PI premiums are soaring



Date: 3rd July 2020  

Time: 1.00pm -2.00pm   

Broker Professional Indemnity premiums are in many cases doubling which reflect the fact that Pi underwriters believe the possibility of claims against brokers has never been higher. This presentation will explore why the amount of errors and omission claims against brokers are on the increase and how these can potentially be mitigated.

Various new pieces of legislation including the brokers duty under the Insurance Act 2015 and GDPR are making brokers more vulnerable than ever, which coupled with increased litigation in society, increased client expectations and ever higher regulatory demands mean that brokers cannot continue to do what they have always done, far more pro-activity is required.

Alan Chandler who is widely regarded as one of the leading trainers and presenters within the UK will provide a number of examples of how the tide of litigation is turning against insurance brokers and what they need to do to mitigate their E&O risks.

Learning Objectives

By the end of this session, delegates will be able to:

• Understand why broker error and omission claims are increasing

• Understand how recent statutes are increasing the E&O risk

• Take positive action to mitigate these E&O risks

To Book:

  • Please note the maximum number of attendees is 3 per firm (if you need more then please let us know and we will let you know if we have any spare places due to cancellations)
  • We will not be sending you a booking form for the webinar as it is a FREE webinar. However if you are unable to attend please let us know in advance so that we can offer your place to another person.
  • To book, please send the names and email addresses to claire@createsolutions.co.uk
  • The webinar will be delivered via ZOOM and log in details will be sent in advance of the session.
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