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IF1 Audio Only - Insurance Legal and Regulatory
Before We Get Started
Unit Structure
IF1 2023 Updates
Chapter 1 - Risk and Insurance
Introduction
Risk
Risk Management
Categories of Risk
Components of Risk
Benefits of Insurance
Test Achats
Chapter 1 Round Up
Chapter 1 - Audio Only
Chapter 2 - The Insurance Market
Introduction
Structure of Market
Intermediaries and Distribution Channels
Reinsurance
Managing General Agents (MGAs)
Professionals in Insurance
Insurance Premium Tax
Market Associations
Classes of Insurance
Chapter 2 Round Up
Chapter 2 - Audio Only
Chapter 3 - Contract and Agency
Introduction
Essentials of a Valid Contract
Cancellation of the Insurance Contracts
Breach of Warranty
The Law of Agency
FCA Transparency
Duties of an Agent
Deregulation Act
Terms of Business Agreements
Chapter 3 Round Up
Chapter 3 - Audio Only
Chapter 4 - Insurable Interest
Introduction
Insurable Interest
Chapter 4 Round Up
Chapter 4 - Audio Only
Chapter 5 - Good Faith
Introduction
Good Faith
Chapter 5 Round Up
Chapter 5 - Audio Only
Chapter 6 - Proximate Cause
Introduction
Proximate Cause
Meaning of Proximate Cause and Nature of Perils
Chapter 6 Round Up
Chapter 6 - Audio Only
Chapter 7 - Indemnity
Introduction
Indemnity
Chapter 7 Round Up
Chapter 7 - Audio Only
Chapter 8 - Contribution and Subrogation
Introduction
Contribution and Subrogation
Sum Insured
Independent Liability Method
Lister v. Romford Ice Cold Storage
Chapter 8 Round Up
Chapter 8 - Audio Only
Chapter 9 Legal and Regulatory Environment
Introduction
Compulsory Insurance
Legislation Concerning Third Parties
The Regulators
Senior Managers and Certification Regime
Solvency II
Capital Adequacy
ICOBS, IDD, RMAR and Complaints
Money Laundering and Bribery
Consumer Duty
Chapter 9 Round Up
Chapter 9 - Audio Only
Chapter 10 - Consumer protection and dispute resolution
Introduction
Data Protection
Consumer Rights Act 2015
Ethical Standards
Training and Competence
Complaints, Including FOS and FSCS
Data Protection
Chapter 10 Round Up
Chapter 10 - Audio Only
Additional Support
Accelerate your Revision
Achieving ACII in a Virtual World
IF1 - What You Need To Know
ACII - Completing Your Advanced Diploma
Taking Your Exam – What you Need to Know
Future Development
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Chapter 2 Round Up
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