Employment and Labour Lawyer | Providing employers across Canada with practical and strategic advice on all employment issues | Employment and Labour litigator
Join Laurie LaPalme, Marisa Coggin, Taschina Ashmeade and Jesse Collins-Swartz at the NICC - National Insurance Conference of Canada in Vancouver, from September 22 to 24, where industry leaders will discuss diverse and complex issues facing the Canadian property and casualty insurance sector.
On September 24, Laurie LaPalme will participate in a session on legal and regulatory hot topics in the insurance industry, providing insights into the current status and where pundits predict the sector may be heading next.
Learn more and register here: https://ow.ly/HZz230sGFMS#Insurance#InsuranceLaw#Regulatory#Vancouver
Join Laurie LaPalme, Marisa Coggin, Taschina Ashmeade and Jesse Collins-Swartz at the NICC - National Insurance Conference of Canada in Vancouver, from September 22 to 24, where industry leaders will discuss diverse and complex issues facing the Canadian property and casualty insurance sector.
On September 24, Laurie LaPalme will participate in a session on legal and regulatory hot topics in the insurance industry, providing insights into the current status and where pundits predict the sector may be heading next.
Learn more and register here: https://ow.ly/Pcq030sGBLE#Insurance#InsuranceLaw#Regulatory#Vancouver
Commercial Litigation Lawyer | Banking | Securities | Asset Recovery | Partner and National Practice Group Leader of the Litigation and Dispute Resolution Group at Dentons Canada
Join Laurie LaPalme, Marisa Coggin, Taschina Ashmeade and Jesse Collins-Swartz at the NICC - National Insurance Conference of Canada in Vancouver, from September 22 to 24, where industry leaders will discuss diverse and complex issues facing the Canadian property and casualty insurance sector.
On September 24, Laurie LaPalme will participate in a session on legal and regulatory hot topics in the insurance industry, providing insights into the current status and where pundits predict the sector may be heading next.
Learn more and register here: https://ow.ly/xZBe30sGB0p#Insurance#InsuranceLaw#Regulatory#Vancouver
#IBTV: As the Canadian property insurance sector faces challenges from recent natural catastrophes, industry leaders are gathering to share insights on how to adapt and innovate. Join Fuse Insurance Ltd.'s Kevin Lea, Aon's Peter Kennedy, and Gallagher's Ilan Serman for an essential discussion on the lessons learned and strategies moving forward.
Discover how the sector can build resilience and better serve clients in these turbulent times.
https://hubs.la/Q02QMkRT0
Many producers and agents have a "sink or swim" approach to client service, instead relying on various disclosures reminding an Insured to read their policy and a glib "let me know if any questions or corrections...".
In my experience, taking the time to translate that Rosetta Stone into plainspeak for a client ensures not only that they value you more as a professional, but also minimizes the time spent on that account. Understanding their policy and the coverage contained therein means the Insured is better prepared for renewals, mid-term servicing requests and coverage gaps that may arise during the term of their account with you.
Sometimes, explaining the difference between an occurrence limit and an aggregate limit is already more than any agent has done for that Insured before. Learning how to read the Policy form and to review the Endorsements oneself is a game-changer for most, and it doesn't take very long! I'm constantly surprised by how many of my clients' prior brokers haven't taken this extra step.
It certainly didn't hurt my referrals, either.
Insurance communications consultant, writer, and historian
"Insurance policies are like an ancient text without a Rosetta Stone. 90% of UK adults struggle to understand them. But it shouldn't be that way. Insurance policies are meant to give peace of mind, not headaches," says Harry Croydon.
Here's a marine insurance policy underwritten in London in English on 22 February, 1582. Who can decipher it? Hint: it's almost verbatim the same as the S&G policy used at Lloyd's until c. 1987.
#insurance#reinsurance#insurancecommunications#insurancePR
Feeling like you've crash-landed in the Bermuda Triangle of insurance lingo? Fear not, we'll be your compass through this wild linguistic adventure!
Visit the link to learn more about insurance terms:
➡️ https://lnkd.in/gg4_CynS#NYinsurance#insurance#rocny
It is impossible not to adore the English language.
A later version of a policy in the same spirit:
[Link to the full Lloyd’s S.G. policy: https://lnkd.in/dT33T6v6 ]
"Lloyd’s S.G. policy
Be it known that as well in own name as for and in the name and names of all and every other person or persons to whom the same doth, may, or shall appertain, in part or in all doth make assurance and cause and them, and every of them, to be insured lost or not lost, at and from
Upon any kind of goods and merchandises, and also upon the body, tackle, apparel, ordnance, munition, artillery, boat, and other furniture, of and in the good ship or vessel called the whereof is master under God, for this present voyage, or whosoever else shall go for master in the said ship, or by whatsoever other name or names the said ship, or the master thereof, is or shall be named or called; beginning the adventure upon the said goods and merchandises from the loading thereof aboard the said ship.
upon the said ship, &c.
and so shall continue and endure, during her abode there, upon the said ship, &c. And further, until the said ship, with all her ordnance, tackle, apparel, &c., and goods and merchandises whatsoever shall be arrived at
upon the said ship, &c., until she hath moored at anchor twenty-four hours in good safety; and upon the goods and merchandises, until the same be there discharged and safely landed. And it shall be lawful for the said ship, &c., in this voyage, to proceed and sail to and touch and stay at any ports or places whatsoever.....
And it is agreed by us, the insurers, that this writing or policy of assurance shall be of as much force and effect as the surest writing or policy of assurance heretofore made in Lombard Street, or in the Royal Exchange, or elsewhere in London. And so we, the assurers, are contented, and do hereby promise and bind ourselves, each one for his own part, our heirs, executors, and goods to the assured, their executors, administrators, and assigns, for the true performance of the premises, confessing ourselves paid the consideration due unto us for this assurance by the assured, at and after the rate of
In Witness whereof we, the assurers, have subscribed our names and sums assured in London.
N.B.—Corn, fish, salt, fruit, flour, and seed are warranted free from average, unless general, or the ship be stranded—sugar, tobacco, hemp, flax, hides and skins are warranted free from average, under five pounds per cent., and all other goods, also the ship and freight, are warranted free from average, under three pounds per cent. unless general, or the ship be stranded.
"
Insurance communications consultant, writer, and historian
"Insurance policies are like an ancient text without a Rosetta Stone. 90% of UK adults struggle to understand them. But it shouldn't be that way. Insurance policies are meant to give peace of mind, not headaches," says Harry Croydon.
Here's a marine insurance policy underwritten in London in English on 22 February, 1582. Who can decipher it? Hint: it's almost verbatim the same as the S&G policy used at Lloyd's until c. 1987.
#insurance#reinsurance#insurancecommunications#insurancePR
