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Webinar: Professional Indemnity – the harshest of markets

9 March 2021

Online
Webinar: Professional Indemnity - the harshest of markets

CPD Certified

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

In this IIL financial services webinar, Matthew Connell will examine developments in the professional indemnity market, and what this tells about compulsory insurance as a regulatory tool.

Description

Professional Indemnity requirements for regulated professionals have been standard for decades. They are a way of applying private sector standards of risk mitigation for regulated professionals as an additional line of defence, protecting statutory compensation schemes. However, recent developments in the market for financial advisers have raised serious questions over whether this approach to regulation delivers good outcomes for consumers.

This seminar will examine whether professional indemnity insurance is still a useful regulatory tool, or if radical change is needed to provide the best consumer outcomes in future.

Webinar: Professional Indemnity - the harshest of markets

Gain an insight into

  • Why regulators rely on compulsory professional indemnity insurance
  • How the market has developed, especially in relation to financial advisers
  • How the system could be reformed in future
  • Places are limited (250) and will be allocated on a first come, first served basis.

Speaker

Dr Matthew Connell, Director, Policy and Public Affairs, Chartered Insurance Institute

Details

Date:
9 March 2021
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.
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