Cert CII (IF1) - Session 3 (The insurance marketplace)

This session explores the structure of the insurance market, recognising the buyers and sellers of insurance business. You will also understand the core concept of the London and Lloyd’s insurance market and how it differs from the general insurance market. Finally, you will explore the different professionals in the insurance industry, recognising their roles and responsibilities.

-Recognise how insurance is transacted in the market-Determine the unique operation of Lloyds-Identify how insurance companies can be set up -Explore the roles and responsibilities of insurance professionals