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I10 Insurance Broking Fundamentals

This class was created by Brainscape user Nicole Adeleye. Visit their profile to learn more about the creator.

By: Nicole Adeleye
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Decks in this class (7)

Chapter 1: The insurance broking market
What is the difference between an...,
Why might an insured buy insuranc...,
List the types of insurance brokers
35  cards
Chapter 2; Role of the broker in meeting client needs
What are demands and needs,
How do brokers establish a client...,
Who requires a copy of the propos...
37  cards
Chapter 3: Other roles of insurance brokers
Define risk management,
What are the benefits of risk man...,
What is the risk management process
25  cards
Chapter 4: Contract and Agency Law
What does the law of agency requi...,
Are agents allowed to delegate th...,
What does fiduciary mean
18  cards
Chapter 5: Legal and regulatory issues
What are regulated activities,
What is authorisation,
What is conduct of business
51  cards
Chapter 6: Key financial issues facing insurance brokers
Why must client funds be managed ...,
Where does the fca set out rules ...,
What does the fca place particula...
26  cards
Chapter 7: Conduct and Culture
What is market conduct,
What is conduct,
How do brokers demonstrate good c...
20  cards

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I10 Insurance Broking Fundamentals

  • Class purpose General learning

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