This class was created by Brainscape user James Oxlade. Visit their profile to learn more about the creator.
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James Oxlade
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Decks in this class (10)
Chapter 1 - Business Nature of the London Market
In a subscription market risk is ...,
What are the reasons why risks ma...,
What is a proprietary company
20
cards
Chapter 2 - Risks Written in the LM
What types of agricultural insura...,
What type of contingency insuranc...,
What personal accident and health...
34
cards
Chapter 3 - Reinsurance
Why does an insurer purchase rein...,
Why do firms sell reinsurance,
What is facultative reinsurance
15
cards
Chapter 4 - Market Security
What is solvency,
What is solvency ii,
What is the difference between a ...
10
cards
Chapter 5 - Legal and Regulatory requirements
What insurances are compulsory fo...,
Why are certain forms of insuranc...,
How does breaches of these vary f...
12
cards
Chapter 6 - Insurance Intermediation
What are the duties an agent has ...,
What are the 3 ways an agency can...,
What are the types of intermediaries
15
cards
Chapter 7 - Underwriting
Why would an insurer take less th...,
What is placing platform limited ppl,
What do brokers do first regardin...
15
cards
Chapter 8 - Business Process
What is a quotation,
What is written line,
What is the order
28
cards
Chapter 9 - Delegated Underwriting
What is a consortium and what are...,
What is a lineslip and benefits,
How is delegation to a broker or ...
12
cards
Chapter 10 - Claims handling
What is the brokers role in the c...,
How do the basis or rules for cla...,
What are the iua marine aviation ...
19
cards
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