This intensive but practical two-day programme will enhance your knowledge of how the reinsurance industry works, how your role impacts the business, and give you a greater understanding of the industries purpose and function.
★★★★★ "Content was very informative, relevant and for the majority of the time was clear. I think it could ... more"
23-24 Feb 2023
+ 2 more dates
Put simply, reinsurance is best thought of as “insurance for insurance companies,” a way for a primary insurer to protect against unforeseen or extraordinary losses. It serves to limit liability on specific risks, to increase individual insurers’ capacity and to share liability when losses overwhelm the primary insurer’s resources. It also helps insurers stabilize their business in the face of the wide swings in profit and loss margins inherent in the insurance business.
However, the industry is much more complex than one statement, professionals working within the industry are tending to specialise in one area and lose touch with the trends and challenges faced by this global business as a whole. Whether you are new to the industry or need to get back in touch with the dynamics of the industry as a whole, then this programme is for you.
The experienced faculty will demystify all aspects of the industry that participants might be new to, unfamiliar with or have lost touch with.
Topics covered include:
This programme has been designed specifically for:
Plus, those who have recently joined the reinsurance industry and suppliers to the industry including software, recruitment and accountancy personnel.
PRACTICAL EXERCISE: Simple “link-ratio” calculation of IBNR
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.
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.
Richard Cook is
Managing Director of PICC Solutions. He was previously Head of
Technical Adjusting at Charles
Taylor Insurance Services and Head of Reinsurance at Xchanging Claims
Services. He has over 37 years insurance claims experience in the
Lloyd’s and London Insurance Company Market; joining Xchanging from a
specialist Reinsurance Lloyd’s Managing Agency, where
he was the Group Claims Manager. He has served on numerous major London
Market claims committees and has appeared as a Fact Witness in coverage
litigation before various United States Federal and State Courts. He
has acted as an Expert Witness on London Market
Claims Practice in the United States Federal Court in New York and in
the High Court in London.
David Brackenbury has been working in the Lloyd’s Market since 1980. A Broker for 26 years, in 2006, David set up David Brackenbury Associates, a consultancy that brings experts in loss adjusting, forensic accounting, audit, compliance and investigative services from around the world to the Lloyd’s, London and European insurance marketplace. David is a Board Member of the Association of Insurance and Reinsurance Service Providers (AIRSP) and is a Practicing Associate of the Academy of Experts. David has been involved throughout his career with the negotiation and settlement of losses in the Lloyd’s, London and international insurance and reinsurance markets.
NEW higher discounts for multiple bookings - bring your colleagues to make your training budget go further:
Please contact us for pricing if you are interested in booking 5 or more delegates
23-24 Feb 2023
09:30-17:30 UK (London) (UTC+00)
10:30-18:30 Paris (UTC+01)
04:30-12:30 New York (UTC-05)
Course code 12829
Until 19 Jan
6-7 Jun 2023
09:00-17:30 UK (London)
Course code 12831
Until 02 May
11-12 Oct 2023
09:30-17:30 UK (London) (UTC+01)
10:30-18:30 Paris (UTC+02)
04:30-12:30 New York (UTC-04)
Course code 12830
Until 06 Sep
* 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.
Easy to understand, even for a non-English specialist like me!
Apr 28 2016
Builders Insurance Holdings S.A.
Apr 29 2015
Great course but the it's length could to be extended
Export Credit Insurance Specialist , Saudi Fund for Development- Saudi Export Program
Apr 29 2014
Content was very informative, relevant and for the majority of the time was clear. I think it could benefit from some areas being explained in more simple terms.
BAI Claims Services Limited
Apr 29 2014
Easy to follow apart from a few technical areas (legislation) which were harder to understand. Speakers were friendly, interactive and spoke clearly.
Claims Technician, Amlin plc
Apr 29 2014
Good quality content. Well and clearly presented.
Finance Director, Elite Insurance Co Ltd
Apr 30 2013
Good job, presentation was good, maybe some of the speakers could speak more slowly.
Kristian Egebjerg Simoni
Apr 30 2013
Good. Some speakers were more lively then others. Most of the contents was relevant.
Beta Re GmbH
We can customise this course to your requirements and deliver it on an in-house basis for any number of your staff or colleagues.
Contact our in-house training experts Aleksandra Beer and Yesim Nurko to discuss your requirements:
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: