IUA Circular
047/24
IUA Policy Wordings Masterclasses 2024
(Session 2 of 4): Unravelling Claims, Loss and Resolution
with IUA Clauses Committee Expert Representatives:
Natasha Oates, Contract Wordings Manager, Lancashire Group
Rachel Evans, Regional Head of Product Development (Financial Lines) Allianz Commercial
Michael Allan, Head of Wordings, Convex Insurance
Christopher Crane, Legal Director, Wikborg Rein
This market briefing will be:
In-Person only
Event Date: >Tuesday 09 July 2024
Time: Session commences at 09.00am for approx 90 mins
Registration and Buffet breakfast from 08.30am
Venue: Aldgate/Bishopsgate Rooms, Cavendish Conference Centre, One America Square, 17 Crosswall, London EC3
Subject: This IUA technical masterclass will consider the fundamental features of policy wordings and the absolute need for contract clarity.
This is a free event, but names and email addresses of all attendees are required for registration.
Who can make a claim? What are claims conditions? What is subrogation? How are claims aggregated? What will I get paid? What is law and jurisdiction?
In this IUA policy wordings masterclass, our expert wordings practitioners will explain how to draft and interpret key insurance contract provisions relating to claims and losses.
This event is aimed predominantly at junior practitioners and will benefit underwriting, claims, broking and service provider representatives.
With reference to real wordings examples addressing key concepts, attendees will have the opportunity to engage in discussion and ask questions about topics including:
• Insured parties
• Joint insured v composite insured
• Claims notification
• Measure of indemnity
• Subrogation and assignment
• Law and jurisdiction
Our Speakers:
Natasha Oates is an experienced wordings practitioner across all lines of business and has also worked for the Financial Ombudsman Service.
Rachel Evans is the head of product development for London financial lines at Allianz Commercial
Michael Allan leads the wordings team at Convex Insurance
Christopher Crane is an insurance and reinsurance lawyer, specialising in complex claims and disputes.
2024 Masterclass series:
Session 1 - (COMPLETED) Mastering risks and the scope of cover (1 May 2024)
Session 2 – Unravelling Claims, Loss, and Resolution (9 July 2024)
Session 3 – Navigating the London Market process (Q3 2024)
Session 4 – Cracking reinsurance structures (Q3/Q4 2024)
As a member of the CPD (Continuing Personal or Professional Development) Certification Service the IUA is committed to providing high quality training activities. Our market briefing events are certified as being suitable for CPD purposes. To obtain a self assessment form for any particular event please email
Deborah Finch. These forms will be issued after each individual event upon request.
Disclaimer: The market briefing presentation materials and speaker comments therein were prepared solely by the presenter(s) in their personal and professional capacity. Any materials or opinions expressed do not necessarily represent the views of the IUA and IUA does not bear any responsibility for, or liability to, any parties in respect of the accuracy, legality or overall content of the presentation or any other comments made by speakers or other attendees during the market briefing.
Anti-Trust Statement: It is the clear and unequivocal policy of IUA to comply in all respects with all applicable competition or antitrust laws. Consequently, IUA Market Briefing Attendees will not participate in any practice that would have the object or effect of restricting competition, nor will IUA provide a forum to promote anti-competitive conduct. In particular, any discussion or agreement on key commercial terms, such as commercial premiums, is likely in all instances to be unlawful and must be avoided. A competition law ‘
Do’s and Don’ts’ guide is available and the IUA is happy to answer any questions on competition law that attendees may have.