While Lloyds of London is perhaps the most famous insurance market in the world, it may also be the least understood. This half-day program, presented by some of the top industry leaders in the London market, will provide an introduction to the Lloyds market structure, as well as an analysis of the process of placing a risk with Lloyds syndicates. The CLE will also provide an overview of Lloyds claims management process, including a discussion of the Lloyds Claims Transformation Programme.
The second half of the seminar will explore the complex issues that arise when disputes occur between Lloyds syndicates and their insureds. The program will also address the legal issues pertaining to conflicts among syndicates with respect to both primary and excess layers as well as with reinsurers. The panelists will review the anatomy of a coverage dispute from first tender through resolution with the reinsurer, as well as discuss the advantages of using alternative dispute resolution to manage these conflicts effectively and efficiently.
WELCOME AND INTRODUCTION- 1:00-1:10
Perry S. Granof-Managing Director; Granof International Group LLC
I. Introduction to Lloyds- 1:10-2:50
David Lang- Head of Claims, Lloyds
Edwin A Skoch- Global Professional Lines Executive; ProSight Specialty
Underwriters Ltd.
Hank Watkins- President, Lloyds America
A. How a Risk is Placed at Lloyds
1) Role of the Underwriter
2) Role of the Broker
B. Overview of Lloyds Claim Process
1) Claim submission process
2) Role of Xchanging
3) Lloyds Claims Transformation Programme
BREAK- 2:50-3:00
II. Lloyds Claim Issues and Using ADR to Resolve International Claims Disputes -
3:00-5:00
Paul G. Huck, Esq. - Paul G. Huck, ADR Solutions
Adam Barker - Head of ANV's Claims Department
Julianna Ryan-Kaufman Borgeest & Ryan LLP
Nilam Sharma- Ince & Co.
A. Anatomy of a coverage dispute
1) Introduction to ADR provisions and the benefits of ADR in coverage dispute
resolutions;
2) Identification of issues in preparation for mediation;
3) Understanding the parties involved and their respective roles; including primary
slip participants; excess layers and reinsurers;
4) The role of counsel;
5) Resolving conflicts among syndicates with respect to both primary and excess
layers, as well as with reinsurers.
If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance. Credit totals for other formats are for complete programs. Partial credit is not available for any online or downloadable format.
West LegalEdcenter will not provide accreditation for states not listed.
This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing west.wlec-sales@thomson.com.
