International Nature of the London Market | Empower Development

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LM2 - London Market Insurance Principles and Practices

Before We Get Started

Welcome! (0:39)
LM2 - Introduction (2:35)
Learning Outcome Mindmaps
Unit Structure (0:46)
Save The Date
LM2 - 2023 Updates (7:10)

Chapter 1

Introduction (0:08)
Subscription Market (1:13)
Different Types of Companies (2:25)
Managing General Agents (MGAs) (0:52)
International Nature of the London Market (1:53)
Checklist
Test Your Knowledge
Chapter 1 Round Up (0:52)
Chapter 1 - Audio Only
Consumer Duty (1:24)

Chapter 2

Introduction (0:13)
Non-Marine Insurance (3:19)
Non-Marine-Liability (1:38)
'Other' Insurance and Motor (2:00)
Aviation Insurance (2:32)
Marine Insurance (2:04)
Portfolio Management (1:05)
Checklist
Test Your Knowledge
Chapter 2 Round Up (1:05)
Chapter 2 - Audio Only

Chapter 3

Introduction (0:18)
Reinsurance Market and Terminology (2:48)
Types of Reinsurance (4:18)
Reinsurance Programme Construction (1:08)
Checklist
Test Your Knowledge
Chapter 3 Round Up (0:57)
Chapter 3 - Audio Only

Chapter 4

Introduction (0:09)
Solvency II and Risks Faced By An Insurer (2:08)
Snip-It Summary - Solvency II (3:20)
Lloyd's Chain Of Security and Rating Agencies (1:36)
Checklist
Test Your Knowledge
Chapter 4 Round Up (1:18)
Chapter 4 - Audio Only

Chapter 5

Introduction (0:14)
Compulsory Insurance (3:41)
Legislation Relating To Insurance Contracts (1:06)
Insurance Premium Tax (0:42)
Senior Managers and Certification Regime (SM&CR) (3:24)
Checklist
Test Your Knowledge
Chapter 5 Round Up (1:01)
Chapter 5 - Audio Only

Chapter 6

Introduction (0:10)
Insurance Intermediation (1:23)
Types of Intermediaries (1:27)
Role of the Broker (2:02)
Duties of The Agent (0:56)
Terms of Business Agreements (TOBA) (1:10)
Broker Legislation (1:39)
Data Protection (2:40)
Test Your Knowledge
Checklist
Chapter 6 Round Up (1:09)
Chapter 6 - Audio Only

Chapter 7

Introduction (0:14)
Conduct of Market (2:08)
Market Cycles (1:18)
Loss and Exposure Modelling (2:09)
Premium Calculation (1:34)
Premium Calculation - Animation (1:19)
Reserving and RITC (2:31)
Checklist
Test Your Knowledge
Chapter 7 Round Up (2:19)
Chapter 7 - Audio Only

Chapter 8

Introduction (0:17)
Formation and Termination of an Insurance Contract (3:34)
Signed Lines Calculation (3:00)
Document Used In the London Market (3:34)
Key Terms and Conditions Used In Policy Wordings (2:21)
Breach of Warranty (1:11)
Methods of Conducting Business In The London Market (0:51)
Contract Certainty (0:38)
Checklist
Test Your Knowledge
Chapter 8 Round Up (0:50)
Chapter 8 - Audio Only

Chapter 9

Introduction (0:15)
Delegated Underwriting Contracts (1:42)
Binding Authorities and Coverholders (6:26)
Checklist
Test Your Knowledge
Chapter 9 Round Up (0:52)
Chapter 9 - Audio Only

Chapter 10

Introduction (0:21)
Claims Departments (1:11)
Claims Agreement (2:18)
Practical Claims Handling (1:37)
Regulation of Claims (2:29)
Test Your Knowledge
Checklist
Chapter 10 Round Up (1:41)
Chapter 10 - Audio Only
The FOS- an update (0:55)

Additional Support

Accelerate Your Revision (47:54)
Accelerate Your Revision - Audio Only
Achieving CII in a Virtual World (59:55)
Achieving CII in a Virtual World - Audio Only
Market Cycle Poster
Market Reform Contract Sections Poster
Money Laundering Poster
Contract Certainty Poster
GDPR Poster
UK Regulatory Structure Poster
ACII - Completing your advanced diploma (8:09)
ACII - Completing your advanced diploma - Audio Only
Taking Your Exam – What you Need to Know
CII Exam Guide Practice Paper 2021
LM2 - What you need to know webinar (54:48)
CII Exam Practice Paper - Based on the 2022 syllabus examined from 1 January 2022 to 31 December 2022

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