Events Past Events

Note: Handouts and supporting materials for most of these events are accessible to members only - find out about registering as a member here.

Lunchtime Lectures

Lunch Time Lecture - 13:00, 20th April, 2018

Christopher Cardona (HFW London) and geoffrey Conlin (HFW Paulo)
“Latin American Jurisdictions - A discussion of global insurance programmes and the challenges they present.”
The Old Library, Lloyd's, Lime Street, London, EC3M 7HA

In an increasingly global marketplace, many international corporates operate in a wide variety of jurisdictions, where the commercial, fiscal and regulatory environment differs significantly from that of their home territory. While such companies face different risks across the globe, they want to ensure that they manage their risk in a consistent manner wherever they are doing business. The assessment of that risk and the composition of an appropriate insurance programme is a huge challenge.

In this presentation, Christopher Cardona (HFW London) and Geoffrey Conlin (HFW Paulo) will use their experience of Latin American jurisdictions to inform a discussion of global insurance programmes and the challenges they present, focusing in particular on the so-called financial interest clause, which purports to provide cover to a parent company in respect of any damage to its financial interest in its overseas subsidiaries.

They will consider:

  • Different types of global programme e.g. local policies, global policies, controlled master programs and the operation of DIC/DIL and financial interest clauses
  • Some of the main challenges posed by local regulatory, legal and claims regimes of key Latin American jurisdictions e.g. fronting ins/reinsurers, cession rules, interest and monetary correction
  • Potential advantages and disadvantages of financial interest clauses
  • English and local law issues when considering financial interest clauses e.g. insured interest, calculation of indemnity and local compliance issues

Event - 09:00, 19th March, 2018

Simon Cooper
“BILA Lecture Single Claims Agreement Party (SCAP)”
The Old Library, Lloyd's, Lime Street, London, EC3M 7HA

This month, the London market launched the Single Claims Agreement Party model ("SCAP"). This is a ground-breaking agreement which is the product of collaboration between the London and International Insurance Brokers Association ("LIIBA"), the Lloyd’s Market Association ("LMA") and the International Underwriting Association ("IUA"). SCAP is an agreement between insurers which will allow a single London market underwriter, whether in the Lloyd’s or company market, to agree claims on behalf of all underwriters subscribing to a slip on the same terms, whether they are in the Lloyd’s market, the company market or overseas.  

In this talk, Simon Cooper of Ince & Co will discuss the structure, scope and operation of the SCAP as well as some of the issues and challenges that arose in drafting this important new agreement.

Simon is a partner in the insurance & reinsurance group of Ince & Co LLP. with over 32 years’ experience. Simon’s practice focuses on all aspects of insurance and reinsurance and he heads our cyber group. He is experienced in all forms of dispute resolution and in working with lawyers in many jurisdictions as well as coordinating multi-jurisdictional projects on clients' behalf.

Simon is a member of the IUA Clauses Subcommittee and also edited the second edition of ‘Reinsurance Practice & the Law’ as well as writing and lecturing frequently.

"experienced and clear in his advice, providing expert knowledge on issues within the insurance and reinsurance markets"

legal 500 UK

SCAP talk.pptx

Event - 13:15, 15th March, 2018

Melissa Collett - Professional Standards Director, Chartered Insurance Institute
“Professional Standards and the Insurance Profession”
The Old Library, Lloyd's, Lime Street, London, EC3M 7HA

In this joint BILA and IIL lecture Melissa Collett will talk about the meaning of professionalism, ethics and duty of care in the context of insurance, and how to put professionalism into practice. She will also explain the professional body's role in raising standards of professionalism across the insurance sector.

Professionalism is vital to building public trust in insurance. Professionalism is not just about following regulator's rules and regulations. It's about creating the right culture and ethical standards. Breaking down professionalism into three key elements: competence, ethics and duty of care, can help put professionalism into practice. The Chartered Insurance Institute is here to help insurance professionals on their journey.

By the end of this lecture members would have gained an insight into:

  • The 3 key elements of professionalism for insurance professionals
  • How to put professionalism into practice
  • The professional body's role in raising standards across the sector

Speakers Bio:
Melissa joined the CII in September 2017, leading its professional standards, ethics and conduct activity. She is also responsible for its legal affairs and risk management. She brings significant insurance and legal experience to the role, having spent over a decade as Senior Ombudsman at the Financial Ombudsman Service, as a Director of Fairer Finance, and as a Tribunal Judge.

Lunch Time Lecture - 13:00, 16th February, 2018

Paul Darling OBE, QC
“A medley of cases about building defects. Where does the risk lie?”
The Old Library, Lloyd's Lime Street, London, EC3M 7HA

Paul Darling OBE QC has established a formidable reputation as an advocate in all types and levels of tribunals all over the world. He specialises in complex cases which feature multiple parties, large teams, and high volumes of material, and is often brought in by clients at short notice, late in proceedings. An ability to work with colleagues from any jurisdiction, and to grasp detail, strategy, and tactics quickly has allowed Paul to develop a practice which has taken him to every major jurisdiction, appearing in a wide variety of construction, energy, and commercial matters.

Lunch Time Lecture - 13:00, 19th January, 2018

Mark Williamson and Isabel Ost
“GDPR - are you processing personal data lawfully”
The OLd Library, Lloyd's, Lime STreet, London, EC3M 7HA


Mark Williamson is a partner at Clyde & Co LLP specialising in Commercial/IT/IP

 

Mark is dedicated to providing specialist commercial law advice to the insurance sector


Over the past five years he has put together a hand-picked team that delivers both commercial law expertise and detailed insurance sector knowledge – a combination that clients say is not replicated elsewhere in the City and adds real value to their business.

Mark is recommended in Legal 500 for his work in the insurance sector and has in-depth experience of advising on onshore and offshore outsourcing; product distribution; affinity partnerships; information technology; intellectual property; data protection; and e-commerce. He is also a contributing author to the International Encyclopaedia of Agency and Distribution Agreements.

Isabel Ost is an Associate at Clyde & Co LLP

Further details of lectures and topics will be added in due course

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