Explore 3,154 Insurance Events

Search
Generic filters
Exact matches only




Loading Events

« All Events

  • This event has passed.

Covid-19 and the contingency market – a high-level review

10 November 2022

Online
Covid-19 and the contingency market - a high-level review

CPD Certified

1 hour's CPD can be claimed for this event if relevant to your learning and development needs.

In this IIL accident webinar, Michael Frimet and Liam O’Connell discuss the background and impact of the Covid-19 pandemic on the London contingency/event cancellation insurance market and what the market has learnt from the global pandemic to enable it to move forward.

Description

The Covid-19 pandemic started in late 2019 in the Wuhan Province of China and quickly spread globally reaching every continent and country. There were varied international and governmental responses to contain, prevent and treat the spread of Covid-19.

As a result of the pandemic, there were thousands of events cancelled, postponed, interrupted, or rescheduled. This included musical/theatrical tours, festivals, conferences, film production and sporting events.

This led to millions and millions of pounds of loss. A large percentage of these claims were submitted and handled by the London insurance market. This market had to deal with inconsistent and untested policy language, a huge volume of claims and pressure from insureds to obtain a result.

Learning objectives

  • History and background on Covid-19
  • How was the London contingency/event Cancellation market impacted?
  • What has the London insurance market learnt and how can it move forward?

Speakers

Details

Date:
10 November 2022
Time:
1:00pm - 2:00pm GMT
Category:
, ,

Venue

This is an online event

Organiser

The Insurance Institute of London (IIL)
Phone:
+44 20 7600 1343
Email:
Iil.london@cii.co.uk
Website:
https://www.iilondon.co.uk/home/

Other

CPD text
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
Copy link
Powered by Social Snap