Law - Insurance Law

The Law Society of Ireland

Law - Insurance Law

Programme structure and approach to learning
Ireland has become a major location for international insurance, with some of the world's leading insurance companies operating here. Particular strengths of the industry lie in the captive insurance and reinsurance areas. As well as huge growth in the industry, there has also been significant change, particularly in the regulatory environment, with the introduction of the Solvency II Directive in 2016.

This diploma will provide participants with an overview of the (re)insurance industry in Ireland and provide comprehensive coverage of all key issues relating to (re)insurance law and the litigation of insurance claims. The course will examine insurance concepts and underline the importance of understanding key insurance documentation. It will ensure that participants are aware of the important legal issues relating to both personal and commercial insurances and the legal issues pertaining to claims. Leading experts will consider the main legal liability insurance areas such as public liability, occupier liability, professional indemnity, and employer liability insurance. There will be a detailed examination of the court process, case management, and alternative dispute resolution. We will offer an insight into key issues such as the reinsurance industry, insurance fraud, the MIBI, legal issues relating to intermediaries, assignments, and liquidations. The effects of legislation on compliance in the industry will also be analysed – regulation (the Solvency II Directive) and data protection Finally, the applied insurance module will give an overview of, new insurances, construction, cyber insurance, and other growth areas.

Programme objectives
On completion of this training programme, participants will have:

An understanding of the important legal issues relating to both personal and commercial insurances;

A knowledge of insurance policy drafting and interpretation;

An in-depth knowledge of personal injury and litigation claims, the court process, key issues in defending/litigating claims, and the lifecycle of a claim;

An insight into the insurance regulatory environment;

An ability to recognise when data protection issues arise in an insurance context;

A greater understanding of liability insurance and other insurances such as construction, marine, and aviation insurance;

An insight into insurance fraud;

Up-to-date knowledge of new emerging insurances such as cyber-risk insurance.

Subjects taught

Modules
The programme is based on the following module scheme and covers key themes as listed below:

Module 1: Introduction to insurance
Overview of Irish insurance market,
Principles of insurance,
The contract of insurance,
Key insurance documentation,
Insurance policy terms and conditions,
Insurance policy drafting and interpretation,
Ethics in insurance.

Module 2: Insurance claims
Personal insurance,
Commercial insurance,
Causation – proximate, sequential, concurrent,
Notice, mitigation, limitation,
Proof and measurement of loss.

Module 3: Liability in insurance
PIAB,
Court process,
Appeals process,
Which parties to claim against,
Key issues for litigating/defending claims,
Awards and costs,
Alternative dispute resolution,
Overview of recent insurance cases,
Motor insurance – MIBI,
Complaints – Financial Services Ombudsman, Central Bank.

Module 4: Litigation insurance
Public liability,
Product liability,
Professional indemnity,
Employer liability,
Warranty & indemnity insurance.

Module 5: Regulation of insurance industry
Insurance supervision – Central Bank,
Regulation of intermediaries,
Solvency II,
Consumer Protection Code,
Enforcement.

Module 6: Data protection
Legitimate processing of data,
Retention of data,
Personal data and sensitive personal data,
Data access requests,
Transferring data outside EU/EEA,
Use of private investigators.

Module 7: Reinsurance and Outsourcing
Reinsurance industry,
Types of reinsurance contracts,
Losses and claims,
Proportional and non-proportional treaty,
Outsourcing in insurance,
Solvency II and intra/third party outsourcing arrangements.

Module 8: Intermediaries and Assignments
Intermediaries,
Broker rights and duties
Assignments.

Module 9: Key Issues
Conflict of law – jurisdictional issues,
The Insurance Compensation Fund
Establishment/liquidation issues.

Module 10: Applied insurance
Construction insurance, including single project,
Marine insurance,
Aviation insurance,
Cyber insurance,
Legal expenses insurance.

Workshops
Workshops are interactive sessions that focus on group problem-solving and are designed to revise all modules covered to date and to consolidate the participant's knowledge. Workshop dates will be provided in due course.

*Every effort has been made to ensure the information contained in these pages is accurate and up to date. However timetables and course content are subject to change and date and time changes may occur due to factors beyond our control.

Entry requirements

Who should attend?
This course is suitable for:

Solicitors, barristers, and trainees working in or aspiring to work in litigation or more specifically insurance litigation;

Solicitors, barristers, and trainees advising on regulatory insurance issues;

Insurance professionals seeking to enhance their knowledge of the law relating to insurance, with a view to advancing in the industry such as;

Practitioners in insurance and reinsurance entities;

Insurance claims handlers and claims assessors; and

Insurance brokers, agents and loss adjustors.

If you are not a qualified solicitor, a barrister, or a trainee, please apply with a cover letter and CV for approval to attend the course. Such applications are subject to a supplemental fee, which amounts to €300 in respect of a diploma application.

Application dates

Application information
The closing date for applications for this course is 01 February 2022. To apply for this course please follow the instructions below.

Solicitors and Trainees
To pay online click on the 'Book Now' button. For all other methods of payment including, draft, cheque and EFT please see our methods of payment .

Duration

Delivery Method Blended learning: lectures available to access both on-site and webcast online on Tuesdays from 6pm. Additionally, three on-site workshops will take place between March and June

More details
  • Qualifications

    Diploma

  • Attendance type

    Part time,Evening,Blended

  • Apply to

    Course provider