This class was created by Brainscape user Matt Baugh. Visit their profile to learn more about the creator.
By:
Matt Baugh
- decks
- flashcards
- learners
Decks in this class (10)
Chapter 1 - Business nature of the London Market
Why would an insurer not take 100...,
Why may a risk be placed partly o...,
Describe proprietary companies
19
cards
Chapter 2 - Risks written in the London Market
What is the main peril in agricul...,
What is bloodstock livestock,
What does contingency insurance c...
74
cards
Chapter 3 - Reinsurance
What is reinsurance,
Why do insurers buy reinsurance,
Why sell reinsurance
31
cards
Chapter 4 - Market Security
What is the equation for solvency,
What are the objectives of solven...,
What are the three pillars of sol...
12
cards
Chapter 5 - Legal and Regulatory Requirements
What insurances are compulsory fo...,
What insurances are compulsory fo...,
What are the main reasons for ins...
18
cards
Chapter 6 - Insurance Intermediation
What are the three ways an agency...,
What can a principal do if they a...,
What is a wholesale broker
20
cards
Chapter 7 - Underwriting
Why might an insurer not take 100...,
How are insurers rated,
Why are brokers bothered about ra...
18
cards
Chapter 8 - Business Process
What is a quotation,
What are the legal implications o...,
What is an insurer s share of a r...
33
cards
Chapter 9 - Delegated Underwriting
Who can underwriting authority be...,
What is a consortium,
How long is a consortium set up for
21
cards
Chapter 10 - Claims Handling
What is the first advice after a ...,
What is the broker s role in firs...,
What is the broker s ongoing role...
19
cards
More about
CII LM2
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Matt Baugh's CII LM2 flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
CII LM2
- 12 decks
- 302 flashcards
- 235 learners
Decks:
Chapter 1 Business Nature Of The London, Chapter 9 Delegated Underwriting, Chapter 10 Claims Handling, And more!
CII
- 28 decks
- 1668 flashcards
- 27 learners
Decks:
If11 Risk Insurance, If12 The Insurance Market, If13 Contract And Agency, And more!
