This modules provides students with an overview of the general principles of law involved in the formation of the insurance contract, the terms of policies and the claims process, as well as the role of brokers and the conduct of business at Lloyd's of London. Insurance is fundamental to a modern economy, allowing businesses and individuals to transfer the risk of loss, thereby facilitating investment and protecting wealth, and London is a world centre of the insurance industry. Students require no prior knowledge of insurance or English law. They will learn all they need to know as the module progresses.
3.15 hour examination