Exploring the Managing Agent's role in property insurance: Poacher or gamekeeper?
In this IIL property investors lecture Paul Robertson explored how managing agents can influence risk and the divide between insurers expectations and the framework and tenants law affects managing agents actions.
Arguably there is a perception that managing agents are commonly reasonable for causing or exaggerating claims by their actions or inactions. But what is the actual role of a managing agent?
Paul explored the role of the managing agent, how they are bound by landlords and tenants law and the real implication of the difference between insurance principles and the requirements of acting within a leasehold framework. With real life examples, he will explore how a managing agent may be unable to comply with the obligations within a property policy imposed on the policyholder and which the managing agent is expected to control. These range from un-occupancy to inspection clauses through to risk mitigation and the effect of excesses.
By the end of this lecture members would have gained an insight into:
- The role of a managing agent
- How they are bound by landlords and tenants law
- How this differs from insurance principles
Chair:
Simon Jones, Director, Quadra Claims Services Limited.
Registration & Security
CPD events are open to CII and PFS members
Registration closes at 12pm two working days before the event date
For events held in The Old Library, Lloyd's pass holders may also attend and do not need to register
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Conditions:
- Email confirmations and original photo ID must be produced to security staff at the lecture venue
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- All venues have limited capacity and registration and/or a Lloyd's pass does not guarantee admission
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Contact:
Please contact Patricia Pedraza (07463 028327) with any queries regarding the CPD events programme.
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CII Accredited
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
3/4 hours' CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.