£24

IINI Premium Masterclass Series - October Event

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Clayton Hotel Belfast

22 Ormeau Avenue

Belfast

BT2 8HS

United Kingdom

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Alan Chandler


Change in the Ogden Table Rate

This presentation is a must for anyone working within the General insurance industry as it covers the most important topic to hit the UK insurance market in more than ten years! The recently announced change in the discount rate (Ogden table) will cost the UK Insurance Industry in excess of £7 billion and this amount will have to be recouped by way of massive hikes in insurance premiums. Increases of 10-20% will become the norm and high risk personal injury policies such as construction, haulage fleets and motor trade will see increases of well beyond this range. It is essential that brokers, underwriters, claims staff and loss adjusters alike can fully understand and explain these increases. This presentation will equip you to do just that. Remember, even claims free risks will see premium hikes. In response to this, Alan Chandler, Chartered Insurer, who has trained many of the UK's top ACII prize winners in the past five years has created a presentation to help everyone, from whatever discipline, clearly understand and explain to clients the discount rate change. By attending this event delegates will specifically understand a) the difference between special and general damages in liability claims, b) how the Ogden table rates affect liability claims, c) how the recent change in discount rate will affect premiums in the market place and d) the capital implications for insurers following the Ogden table change.


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Location

Clayton Hotel Belfast

22 Ormeau Avenue

Belfast

BT2 8HS

United Kingdom

View Map

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