This class was created by Brainscape user Mark Lo. Visit their profile to learn more about the creator.
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Mark Lo
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Decks in this class (12)
Module 1: Insurance Principles
Define risk,
Name four examples of risks when ...,
Name four examples of everyday li...
42
cards
Module 12: Claims Handling in the London Market
What four parameters can affect t...,
In the london subscription market...,
When must a claims notification b...
53
cards
Module 11: Delegated Underwriting
What is a binding authority,
What is a coverholder,
What are loss funds
55
cards
Module 10: Transacting Business
What are proposal forms,
What six questions are the on pro...,
What is a slip
48
cards
Module 9: Underwriting
What is underwriting,
The london market is known as a s...,
On a mixed market slip where ther...
9
cards
Module 8: Intermediation
What is a broker,
What are the three basic function...,
What is a single tied agent
37
cards
Module 7: Lloyd's - Governance and Operation
What is the lloyd s act 1871,
What is the lloyd s act 1982,
What are the eight amendments of ...
27
cards
Module 6: London Market Structure
When did lloyd s begin,
What is the london market,
When was the sun insurance compan...
30
cards
Module 5: London Market Regulation
What three elements form the thre...,
What is the financial services au...,
What is the fsa s four statutory ...
76
cards
Module 4: Reinsurance
What is reinsurance,
What other reasons are there for ...,
What does to cede mean
37
cards
Module 3: Legal Principles
What is a contract,
What are the six essential ingred...,
What is the contra proferentum rule
54
cards
Module 2: Classes of Business
In the uk what does the road traf...,
What are the four classes of moto...,
What does jewellers block insuran...
78
cards
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Lloyd's Insurance Market
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