ARE ADDITIONAL PARTIES 'INSUREDS'?
|Melbourne||Monday, 7 March 2016||9:00am - 12:30pm||
Karstens Conference Centre
123 Queen Street
|Brisbane||Tuesday, 8 March 2016||9:00am - 12:30pm||Karstens Conference Centre
Level 24, 215 Adelaide Street, Brisbane
|Sydney||Wednesday, 9 March 2016||9:00am - 12:30pm||Macquarie Graduate School of Management
37 Pitt St, Sydney
|Sydney||Monday, 21 March 2016||9:00am - 12:30pm||Macquarie Graduate School of Management
37 Pitt St, Sydney
Download Workshop Program Here
Note your interests under my policy?... Add you as a 'joint insured'?
These demands are common in commercial agreements, yet confusion remains about:
- What they legally mean
- How and if they can be achieved
- The financial and risk consequences once a party is ‘added’ to another’s insurance policy.
Getting it wrong can lead to serious consequences once there's a claim - for the parties; for their insurance brokers; for underwriters.
In this 3.5 hour face-to-face workshop, we examine and explain the practicalities of adding parties to insurance policies using a practical case study. You will scrutinize, from an insurance underwriting and commercial perspective, key contractual terms; decide how they impact critical policy provisions; and develop everyday strategies to better explain, negotiate and obtain the right commercial and policy terms for you and your clients.
By attending this workshop you will develop critical insights into:
- The interpretation of critical commercial risk and insurance clauses
- The legal meaning of common contractual terms including ‘interested parties’, 'additional' and 'joint insureds’
- The Insurance Contracts Act provisions that impact added parties
- How to effectively endorse additional parties onto an insurance policy
- The critical insurance terms to consider when adding parties to a policy
Who should attend?
This workshop will particularly benefit:
- Insurance professionals
- Insurance brokers and Authorised representatives
- Claims and risk managers
- Insurance managers
- Contract managers
- Procurement officers
- Project and risk managers
- In-house legal counsel
Early bird price - $350 + GST (available until 15 February)
Normal price - $385 + GST normal
10% discount for groups of 3 or more.
Includes all materials, refreshments and morning tea.
CIP/CPD: 3 points