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Advanced Reinsurance Contracts and Disputes Masterclass Training Course

An intensive one-day programme that focusses on the latest legal developments, advanced drafting skills and disputes best practice, as well as up-to-the-minute issues that will ensure watertight reinsurance contracts.

2 October 2024
+ 12 February 2025, 26 June 2025, 1 October 2025 »

from £499

Need help?  Enrol or reserve

Course overview

Reinsurance industry practices have changed in recent years, placing more and more emphasis and importance on reinsurance contract wordings. Attending this event will bring you right up to date with latest developments so you can have confidence in your contracts. 

It is apparent now more than ever that a contract is only an advantage if it exactly reflects what the underwriter intended and the insured expected. If companies want to avoid lengthy and expensive disputes, they must develop clear and thorough reinsurance agreements and avoid frequent and small nuances that can land reinsurance companies in trouble.

Attending this event will bring you right up to date with the Insurance Act 2015 and the Enterprise Act 2016, and their impact on your policy wordings.

Other key topics that will be covered include:

  • Issues, options and effective drafting of follow wordings
  • Drafting wide or narrow clauses for settlements
  • Dealing with commutations
  • Notice, information and cliams control clauses
  • Common mistakes to avoid during drafting
  • Property and casualty clauses
  • Aggregation
  • Dispute resolution and the the implications of wordings

This seminar focuses on the advanced, up-to-the-minute issues and gives you the opportunity to ask your questions to the expert trainers.

This training course is part of our Insurance & Reinsurance Contracts Training Courses collection which covers up to the minute issues and the latest legal developments.

Benefits of attending

By attending this comprehensive course you will:

  • Get up-to-date with the latest developments in applicable law
  • Understand the impact of the Insurance Act 2015 and the Enterprise Act 2016 on your policy wordings
  • Hear about the role of notice, information and claims control/cooperation clauses
  • Grasp and learn to avoid the common mistakes in drafting watertight reinsurance clauses
  • Master the latest developments in property and casualty clauses
  • Gain knowledge of the regulatory considerations when launching a new product
  • Understand the implications of recent judgments involving follow clauses
  • Learn how to be prepared for reinsurance disputes and how to deal with them when they arise

Who should attend?

This course is applicable for anyone who is involved in the drafting or implementation of reinsurance wordings or who deal with reinsurance disputes, including:

  • Wordings technicians
  • Reinsurance technicians
  • Claims managers and underwriters
  • Wordings specialists
  • In-house lawyers
  • Lawyers in private practice

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This course will cover:

Follow wordings – issues, options and effective drafting

  • Arbitration awards, and English/foreign judgments
  • Settlements – how to draft wide or narrow clauses
  • “Without prejudice” and “ex-gratia” settlements
  • Businesslike steps and the burden of proof
  • Dealing with commutations

The Insurance Act 2015 and the Enterprise Act 2016 – case update and how they impact your policy wording

  • The legal nature of warranties (sections 9 and 10)
  • The effect of section 11
  • How to draft around section 11(3) – terms defining the risk
  • Fair Presentation – new rules and wording tweaks
  • Section 13A, damages for late payment of claims; key drafting issues for reinsurers
  • Contracting out and the transparency requirements

Notice, information and claims control/cooperation clauses

  • Purpose
  • Reporting and notice clauses – “immediate’, “as soon as practicable” notice
  • Conditions precedent
  • Access to records clauses
  • Late notice issues
  • Confidentiality

Drafting watertight reinsurance clauses: some common mistakes

  • Full follow clause / back-to-back presumption
  • Avoid incorporate
  • Don’t cut and paste
  • Check for internal consistency between clauses
  • Put all the clauses in the right places in the document
  • Use clear language
  • Make sure definitions are relevant to all uses
  • Don’t use the same words in different senses
  • Don’t rely on the courts to imply terms

Developments in property and casualty clauses

  • Wording issues for emerging and developing markets
  • Clauses broadening cedants’ rights
  • Additional observations and developments


  • Drafting for the correct breadth of aggregating factor (“loss”, “occurrence”, “series”, “event”, “catastrophe”, “originating cause”)
  • Hours clauses
  • Considering drafting issues in context of recent catastrophes including Covid-19
  • Practical tips

Regulatory considerations when launching a new product

  • Why is regulatory compliance important?
  • Why is regulatory risk higher for new products?
  • The impact of insurance regulation on the structure, content and sale of new products
  • How do you create a compliant MVP?
  • What are the risks of working with other business partners/distribution partners?

Being prepared for reinsurance disputes: Wordings and their role in dispute resolution

  • Governing law and jurisdiction
  • Arbitration
  • Mediation (and med/arb)
  • Selection of panel members
  • Disclosure and evidentiary matters
  • Settlement agreements and commutations (including IBNR)

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Simon Cooper
Ince & Co

Simon Cooper is a Consultant at Ince & Co LLP. He has experience of advising clients in the London and international insurance and reinsurance markets and has extensive experience of acting in large scale disputes in the English Commercial Court and appellate Courts, in ad hoc arbitrations and in overseas jurisdictions. Many of these disputes have involved multiple parties and complex issues of fact and law. Simon also has comprehensive experience of mediation and other forms of Alternative Dispute Resolution. Simon’s practice focuses on reinsurance, financial lines and professional indemnity business but has included most areas of non-marine business.

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Sherry Goodman-Smith
DAC Beechcroft

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Duncan Strachan
DAC Beachcroft

Duncan Strachan is a Partner at DAC Beachcroft LLP. He specialises in complex and international (re)insurance matters across multiple lines of business.  His current caseload advising on major energy losses in Ecuador, Peru and Colombia; monitoring US securities class action suits against non-US entities; and advising on exposure to climate change litigation.  Duncan’s focus is on international disputes and policy coverage analysis, with particular expertise in Latin America and the Caribbean, due to his familiarity with the legal and political landscape across the region. Duncan is also fluent in Spanish and regularly presents to insurers and reinsurers across the world.

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Sherry Goodman-Smith
DAC Beechcroft

Sherry Goodman-Smith is a specialist in complex insurance and reinsurance policy coverage disputes. She joined DAC Beachcroft's Global Insurance practice as a partner, based in London, in 2021.

Sherry spent the previous eight years at Simmons & Simmons, most recently as Of Counsel. There she advised London market insurers and reinsurers on large-scale coverage issues, with a particular focus on product liability and recall, international casualty and complex property claims. She has also advised on coverage issues arising from more niche insurance policy wordings, including kidnap and ransom, intellectual property liability, and fine art claims.

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Phillippa Rowe
Phillippa Ross & Co

Phillippa Rowe, senior partner of independent reinsurance consultants Phillippa Ross & Co., has over 30 years experience of insurance and reinsurance claims in Lloyd’s and the London market and internationally. She began her reinsurance career with 15 years with the Kiln group at Lloyd’s. She currently acts as arbitrator, mediator, expert witness and technical consultant in a wide range of claims, wordings and market practice matters and writes, lectures and provides training courses on similar subjects.

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NEW higher discounts for multiple bookings - bring your colleagues to make your training budget go further:

  • 30% off the 2nd delegate*
  • 40% off the 3rd delegate*
  • 50% off the 4th delegate*

Please contact us for pricing if you are interested in booking 5 or more delegates

2 October 2024

Live online

09:15-17:15 UK (London) (UTC+01)
10:15-18:15 Paris (UTC+02)
04:15-12:15 New York (UTC-04)
Course code 13966

  • GBP 499 599
  • EUR 719 859
  • USD 823 979

Until 28 Aug

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Not ready to book yet?

for 7 days, no obligation

12 February 2025

Live online

09:15-17:15 UK (London) (UTC+00)
10:15-18:15 Paris (UTC+01)
04:15-12:15 New York (UTC-05)
Course code 14502

  • GBP 499 599
  • EUR 719 859
  • USD 823 979

Until 08 Jan

View basket 

Not ready to book yet?

for 7 days, no obligation

26 June 2025

Live online

09:15-17:15 UK (London) (UTC+01)
10:15-18:15 Paris (UTC+02)
04:15-12:15 New York (UTC-04)
Course code 14743

  • GBP 499 599
  • EUR 719 859
  • USD 823 979

Until 22 May

View basket 

Not ready to book yet?

for 7 days, no obligation

1 October 2025

Live online

09:15-17:15 UK (London) (UTC+01)
10:15-18:15 Paris (UTC+02)
04:15-12:15 New York (UTC-04)
Course code 14962

  • GBP 499 599
  • EUR 719 859
  • USD 823 979

Until 27 Aug

View basket 

Not ready to book yet?

for 7 days, no obligation

* Early booking discounts may not be combined with other discounts or offers. As such, the discounts for 2nd/3rd/4th delegates are based on the full price; and apply only when booking multiple delegates on the same date.

Reviews of IPI's Advanced Reinsurance Contracts and Disputes Masterclass training course

A very well put together and presented webinar with all contributors knowledgeable about their subjects.

Jun 11 2024

Cliff Stammer
Wordings Contractor, Chaucer Syndicates

Jun 13 2023

Excellent expert speakers, thank you.

Christy Gilbertson
Treaty Contract Wordings Manager, TMHCC

United Kingdom

  • Asta Capital Limited
  • Brit
  • Brit Group Service
  • Chaucer Group
  • Chaucer Syndicates
  • Chaucer Syndicates Ltd
  • Fidelis MGU
  • Hiscox
  • Hiscox Underwriting Group Services Ltd
  • Lockton Re LLP
  • McGill Partners
  • N/a
  • R&Q Insurance Services
  • RiverStone
  • RiverStone Internation
  • RiverStone International
  • Starr Underwriting Agents Limited


  • Genillard & Co. GmbH
  • R+V Versicherung AG


  • FFH Management Services
  • FFH Management Services Limited


  • Hiscox

Czech Republic

  • VIG RE zajišťovna, a.s.


  • NN Group


  • SiriusPoint


  • Ms reinsurance

Enrol or reserve

Multiple colleagues? See above for details of our discounts for 2, 3, or 4 delegates. For more, talk to one of our training experts to discuss how to:

Run this course conveniently and cost-effectively in-house for your staff and colleagues

Aleksandra Beer

Aleksandra BEER
Training expert

Yesim Nurko

Training expert

+44 (0)20 7749 4749