Preview of this weeks postings

It has been a big week for both LMI and I this week. I was part of a training program that has been travelling around Australia and this week we delivered sessions in Newcastle, Canberra and Sydney. The concept is a mock trial involving matters based on real cases. I do not want to say more as it has next week to run in Hobart, Melbourne, Adelaide and Perth and I do not want to give away any of the surprises. What I can say it has been very well received.

I also spoke at back to back conferences in South Australia, namely the NAS and Insight. Besides delivering a paper at both I also took part in a industry panel session which covered many interesting topics. I cover off on one in this week’s postings.

The Course Advisory Board for the new Master of Insurance Law and Practice degree is now fully subscribed and it was pleasing to me as the course director that every person that was approached agreed to participate. I thank them all in their support which I am sure will ensure the course is beneficial to the insurance industry.

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The big news this week, however, was the launch of LMI’s flagship product, into the United Kingdom market at the British Insurance Brokers Association. Steve Manning, Product Manager for BIcalcualtor which he launched so successfully this time last year at the same conference  handled the launch on my behalf due to my pre-existing speaking commitments. Early reports suggest the product was very well received.

Topics in this week’s postings include questions on removing co-insurance and accommodation bonds, as well as an article on the recent High Court decision involving the responsibility of retailers and finally, sanity preserve us, Tasmania joined the Federal and Victorian Governments in adding yet another financial burden on those that insure.

I end by recording my sincere condolances to the wife, family and friend of Vin Gallagher who passed away on Saturday. I had the privilege of working with Vin at GAB Robins and with him on claims where he was the loss adjuster and I the claims preparer. He was top in his field and a thorough gentlemen and  his passing is a great loss to the Australian insurance industry.

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