IUA Circular 084/24

IUA Technical Training – Single Claims Agreement Party (SCAP)

 

with Charlotte Warr, Managing Director, Sarnia Training Limited


This market briefing will be: Remote Only

Event Date:  Wednesday 04 December 2024

Time: Session commences at 3pm/15:00hrs for approx 90 mins (UK/London time)

Access: Click HERE for dial in details

Subject:  This IUA remote technical training session will provide attendees with a detailed understanding of the SCAP process. It is open to underwriting, claims, broking and service provider representatives.  

This is a free event, but names and email addresses of all attendees are required for registration.
Please click here to register

The Single Claims Agreement Party (SCAP) framework is designed to provide a more effective process for determining and settling cross-market, non-complex claims in the London Market which have a value of £250,000 or below (or currency equivalent) to the slip for open market placements.

This IUA technical training is open to individuals involved in the underwriting, claims or broking process and equally may be of relevance to service providers involved in the claims handling process.

It will provide attendees with:
• an overview of the rationale behind the SCAP process
• a summary of the intended scope of application of SCAP
• a detailed description of the practical operation of SCAP in respect of the placing and claims process

Attendees will have the opportunity to consider common examples of SCAP misuse and to pose questions on the SCAP process.

Key SCAP materials can be accessed as follows:
• SCAP Guidance 2018 - click here
• SCAP Clause - click here
 
Our Speaker:  
Charlotte Warr is an experienced claims practitioner having worked in both the company and Lloyd’s markets since 1987. She has experience in handling all classes of business as a leader and also in managing teams of claims personnel.
  
She is a qualified solicitor, still holding a current practicing certificate as well as being an Fellow of the Chartered Insurance Institute, a Chartered Insurer and a Senior Associate of the Association of average adjusters.
  
Charlotte brings a very practical overlay to all of her training sessions and has a simple mantra which is to make the business interesting to all working in it, and to prevent today’s younger generation making the same mistakes she made when she was their age!



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.