Conference Reminder: Risk and the Business Insurance in History

Conference Reminder: Risk and the Business Insurance in History

With this year rushing to an end so quickly, I thought that I would remind everyone of the great conference being held next year in Seville, Spain from the 11th to the 14th June, 2019 on the History of Insurance as a Business. The conference has been many years in the making and experts from around the world will be presenting on the topic. The […]

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Lord Atkin Exhibition – Supreme Court of Queensland

Lord Atkin Exhibition – Supreme Court of Queensland

Lord Atkin, the Chief Justice of the House of Lords is famed for his decision in Donoghue v Stevenson [1932] UKHL 100, regarded by many as the most important case in the 800 years of the common law. Not many people are aware, including Steve Manning and I until we started our research for our book on the case and its impact on society and general […]

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Addressing the lack of understanding about Compulsory Third Party (‘CTP’) insurance often referred to as Green Slip insurance

Addressing the lack of understanding about Compulsory Third Party (‘CTP’) insurance often referred to as Green Slip insurance

Steve Manning, an old friend Mike Quinlan and I are concerned at the many reports that have come out recently about the lack of understanding about CTP insurance. With this in mind, Mike is preparing a guest post and Steve is preparing a short video on the topic for his Insurance Bites YouTube Channel. I will let everyone know as soon as they are up […]

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New General Insurance Product Class introduced on LMI RiskCoach

New General Insurance Product Class introduced on LMI RiskCoach

I am pleased to advise that the team at LMI Group have now added Corporate Travel as the 13th class of general insurance on which we provide risk and insurance information to our subscribers through LMI RiskCoach. Besides a wealth of general information about this important class of insurance we have included Corporate Travel in the Hazard Index and Risk Specific questions and points to consider for over […]

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RIMS 2018

Four of us from LMI Group have traveled to San Antonio in the US for the 68th annual RIMS (Risk Management Society) Conference. Several of us have been going for a number of years to stay up to date with our learnings and to gather ideas on ways we can provide a better service to our customers. While I have been privileged to present at […]

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Blog question – Additional Increase in Cost of Working under an ISR

I received this question which I felt was worth sharing. Allan, I have for many years referred to your most excellent publication for guidance relative to BI [Business Interruption] insurance. The guide makes reference to the Industry Mark IV wording and it is in respect of the Mark IV wording that I have an enquiry, where I could not locate any reference to my particular […]

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Call for papers

Between the 11th and 14th June 2019 there is going to be a technical insurance conference looking in detail at risk and the insurance business in history from the middle ages. The event is drawing experts from all around the world and I for one will certainly be attending. The organising committee is seeking proposals for sessions and I attach the documentation so if you […]

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Business Interruption Issues Series – Part 3 – Time Excesses – Part B

Today, we continue our discussion on time deductibles. As I did yesterday, I draw on a case study to explain an issue. Case Study 2: 24 Hours after Cessation of Supply This case study involves another large manufacturer. In this case, the wordings for the time deductible is contained within the Public Utility clause provided that cover does not commence until “24 hours after cessation of […]

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Business Interruption Issues Series – Part 1 – Insuring a Business Expense/Standard Charge

Last week LMI’s Max Salveson and I had the rare privileage of meeting a some of the best underwriters and technicians in Australia when it comes to the Industrial Special Risks (“ISR”) Policy. As I continually say, we are all students of insurance and despite all I have read, and written on the policy not to mention the 1,000 plus claims I have calculated under this policy I […]

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46 years on: a lot has changed, some good, some not so good.

46 years ago, today, I started as a claims officer at the General Accident Fire and Life Assurance Corporation in Brisbane straight from high school. In that first year I assisted in handing claims from Cyclone Ada which hit the Whitsundays in 1970 and later in 1971, it was Cyclone Althea that hit Townsville. Fast forward 46 years and we are back handling claims not […]

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