BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//The Lime Street Guide - ECPv5.2.1//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:The Lime Street Guide
X-ORIGINAL-URL:https://www.limestreetguide.com
X-WR-CALDESC:Events for The Lime Street Guide
BEGIN:VTIMEZONE
TZID:Europe/London
BEGIN:DAYLIGHT
TZOFFSETFROM:+0000
TZOFFSETTO:+0100
TZNAME:BST
DTSTART:20190331T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0100
TZOFFSETTO:+0000
TZNAME:GMT
DTSTART:20191027T010000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20190326T131000
DTEND;TZID=Europe/London:20190326T135500
DTSTAMP:20260826T115606
CREATED:20190203T230615Z
LAST-MODIFIED:20190221T203726Z
UID:49810-1553605800-1553608500@www.limestreetguide.com
SUMMARY:Non-damage BI and emerging threats
DESCRIPTION:In this Insurance Institute of London (IIL) joint property/LBIA lecture Steve Coates will examine the recent change in UK terror legislation which allows Pool Re to cover non-damage business interruption. He will consider this through the lens of BI policies and how they have developed and changed over time. \nThe London Bridge attack in 2017 highlighted the terrorism insurance gap. This is the former gap between BI policies and terrorism supported by Pool Re. Legislation has recently been passed to address this issue which will allow most UK property insurers to offer non-damage BI cover where it results from a certified act of terrorism. \nIt is important to consider this change not only in terms of the wider cover it facilitates\, but against the contemporary terrorist threat which continues to change and adapt in ways natural perils do not. \nBI policies have evolved enormously in recent decades and whilst this is positive news\, much of the base functionality of a BI policy is still calibrated around physical damage to tangible property. The question remains around how BI policies need to evolve further. \nChair:\nTim McGain\, President\, LBIA and Head of Property\, AGCS Regional Unit. \n		\n\n							\n					Share this event with your colleagues:\n				 \n			\n			\n\n								\n		\n\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Facebook\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Twitter\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																LinkedIn\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Email\n									\n						\n\n											\n					\n									\n			\n					\n		\n			\n		\n		Visit Event Website
URL:https://www.limestreetguide.com/event/pool-re-non-damage-bi-developments/
LOCATION:The Old Library\, Lloyd’s of London\, One Lime Street\, London\, EC3M 7HA\, United Kingdom
CATEGORIES:Education & Training
ATTACH;FMTTYPE=image/png:https://www.limestreetguide.com/wp-content/uploads/2017/09/logo-the-insurance-institute-of-london-e1539464378247.png
GEO:51.512999;-0.082006
X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=The Old Library Lloyd’s of London One Lime Street London EC3M 7HA United Kingdom;X-APPLE-RADIUS=500;X-TITLE=One Lime Street:geo:-0.082006,51.512999
END:VEVENT
END:VCALENDAR