Audience

Underwriting and claims staff involved in subscription market business, legal and wordings specialists.

Description

The Young Professional Claims Group would like to invite you to an online session with Andrew Schütte, Partner, Keoghs.

Andrew Schütte, Partner, Keoghs look at the operation of the subscription market and, in particular, the issues that can arise between co-insurers or co-reinsurers, in particular:

• the various versions of subscription agreements in use in the market
• who is a leader, follower, or agreement party and what these terms really mean
• the legal issues to watch out for where there are multiple slips and (re)insurers ‘lead their own slips’
• the duties and rights of leaders and followers in the subscription market • Single Claims Agreement Parties Clause • the issues that can emerge and how best to avoid them.

This fun and practical session teaches attendees how to tell if they are a leader, follower or agreement party, what their rights and obligations are in each case – and where the pitfalls may lie.