Insurance Law CPD Course
Insurance Law refers to the area of law governing how the insurance business is conducted and includes the way insurance policies are written and the law governing insurance claims. Insurance law is a vast area which is underpinned in many areas by the concept of good faith, with insurance fraud being a common cause for criminal litigation.
Practitioners in the area of insurance law need to be constantly updated by attending as many continuing professional development (CPD) training courses as possible to maintain their knowledge base and also satisfy the required yearly training and development quota.
CPD Training – Insurance Law Course Information
Insurance Law - Recent Developments – Seminar – CPD hours 3
This seminar covers the recent changes in the ‘rules of insurance’ pending legislative developments, and some of these changes are thought to be unexpected. Although progress in terms of consumer and commercial insurance are slow, this seminar will examine the recent cases that affect this area of law and delegates are expected to be familiar with insurance law basics prior to attending.
Seminar topics will include a look into the area of insurable interest and how this can affect subrogation. It also touches on the role and responsibilities of insurance intermediaries and the concept of ‘utmost good faith’ and when this is breached post contractually. It also explores good faith from the insurer and where fraudulent claims interfere with good faith.
Third Parties (Rights Against Insurers) Act 2010 – Recording – CPD hours 1.5
The Third Parties (Rights Against Insurers) Act was passed in March 2010 and is expected to have a significant effect on the rights of third parties against insurers once it is implemented. The implications of the new law will be of great interest to lawyers who are advising clients on tortuous and contractual claims against insolvent defendants.
This Insurance Law CPD course will discuss the various criticisms of the Third Parties (Rights Against Insurers) Act 1930 and the history that led to its reform. It examines to what extent insurers’ defences have been reduced and looks at specific cases with a foreign aspect to them. The new rights for third parties introduced with the 2010 Act as well as the new procedures in place to extract data regarding the insurance of an insolvent defendant.
Handling Conflicts of Interest between Insured and Insurer – Podcast – CPD hours 1
During this podcast, an insurance law expert discusses when and why a solicitor would accept instructions to act on behalf of both parties such as the insured and the insurer. The course examines the nature of such a relationship and how a solicitor can effectively deal with conflict between both parties. It also covers when the Professional Code of Conduct forbids practitioners from acting for both parties.
After course completion, you will be able to identify circumstances that could lead to a conflict of interest between the insured and the insurer and understand the reasoning behind one solicitor acting for both parties. You will appreciate the dynamics at work in the relationship between both parties and be skilful enough to approach and resolve situations of conflict whilst being aware of the potential consequences when a solicitor breaches their obligations.
The Insurance Law CPD podcast will provide an overview of how European legislation affects this area and highlights areas for development within insurance law.
Finding the Best CPD Courses
As you have seen in the above courses, insurance law CPD training can be classroom or internet-based, and it would be wise to combine the two to get the most from practical type seminars and still benefit from the time saving and convenience aspect of online training.
Using a reputable CPD training provider will ensure that you only take courses that will be of benefit to your professional development as well as provide the necessary CPD annual requirements.