Insurance Act (2015) Training Course

The Insurance Act 2015 represents the most significant reform of insurance contract law in the UK for over a century.

This Course will help your employees to understand the key aspects of the Insurance Act. Plus, they'll learn about the provisions surrounding late insurance claims payments enacted as part of the Enterprise Act 2016.

About this Course

This SCORM-compatible course is part of our FCA Compliance Library.

The library is available in the Skillcast Standard plan for larger companies or Skillcast Basic plan for those with under 50 learners.

Learning Objectives

This course will prepare your employees to:

Familiarise yourself with the Insurance Act 2015
Better understand the provisions of the Insurance Act 2015.

Course Outline

Welcome

Introduction

The duty of disclosure

Fair presentation of a risk

- Scenario 1
- Scenario 2

Remedies for breaches of duties

- Scenario 3

Insurers’ remedies for breach of duty of fair presentation

- Scenario 4

Impact of the Act on warranties and fraudulent claims

- Scenario 5

Amendments to warranty provisions

- Scenario 6

Fraudulent claims

- Scenario 7

A default regime

- Scenario 8

Amendment to the Act – effective from 4 May 2017

Amendment to the Act

- Scenario 9

Summary

Affirmation

Assessment

Course Specifications

Structure

Approximately 30-minute long e-learning course followed by a 10-question assessment.

Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.

Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.

Compatibility

All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.