Presenter:

• Ross Chambers, Head of Longtail

An educational session for Brokers who place PI and want to revisit the foundations. During this one-hour webinar, we will be exploring how claims-made Professional Indemnity policies typically operate, where misunderstandings commonly arise, and why timing and notification require careful consideration.

Learning Objectives

• Explain the difference between claims made and occurrence-based policies, and identify which policy year responds to a claim.
• Check a policy’s retroactive date and continuity of cover, and explain how gaps in cover or a change of insurer can affect a client’s protection.
• Write a clear professional services description, and explain why “if it’s not on the schedule, it’s not covered”.
• Compare inclusive and exclusive limits and excesses, and show a client what each means in dollars when defence costs apply.
• Assess common extensions (fidelity, vicarious liability, run-off) and common exclusions (bodily injury and property damage, directors and officers, fee disputes) so clients know what they are and are not buying.
• Prepare a stronger submission, using scope of works, project and client details, and a client CV, and relate the concepts to real claims across property management, accounting, graphic design and beauty.

Registrations: https://events.teams.microsoft.com/event/3643d220-e77d-4df2-8962-3b4b9a12a0d9@6d96f8f2-00e8-4ea1-9ba7-fd86f83ec1b3