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London Market Insurance Essentials

Sail through your LM1 course with help from the experts in CII revision!


Empower Development Ltd

Summary

Price
£200 inc VAT
Or £66.67/mo. for 3 months...
Study method
Online
Duration
Self-paced
Qualification
No formal qualification

3 students purchased this course

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Overview

Learn all about the London insurance market the fun and easy way, with the U.K.’s premier CII revision resource.

Our on-demand study solution will walk you through the LM1 course material, step by step, using techniques that make the content memorable, easy to understand, and fun.

To date, we've helped thousands of students get through their exams with ease.

Now, it's your turn.

What to expect: through our course, you’ll gain a broad understanding of the London market and how it works with regard to insurance matters. You’ll learn all about buying and selling insurance, legal principles, and the key classes of business you’re likely to come across in the London market. Finally, you’ll understand how the market is structured, regulatory framework, and the roles of brokers and underwriters.

In short: you’ll be taken through everything you need to know to pass the LM1 module.

Not only that, but you’ve had the opportunity to practice exam-style multiple choice questions over and over again – before you ever set foot in the exam.

It's normal to be nervous. But here? You'll be prepared.

Description

What will you learn?

Our course covers all the learning outcomes detailed in the London Market Insurance Essentials (LM1) unit on the CII group website. At the end of our programme, you can expect to have a solid understanding of the following key topics:

  1. The fundamentals of risk and insurance including basic terminology
  2. The intricacies of the insurance market in London, and how it operates
  3. Main classes of insurance (marine and aviation, non-marine)
  4. The insurance cycle
  5. Structure of the London Market and regulatory environment
  6. The main systems and controls you’ll encounter
  7. Data protection and money laundering legislation
  8. The role of brokers and underwriters in the London market

With this course, you get:

  • Over 5 hours of on-demand video
  • 11 chapters covering all the key principles from the LM1 module
  • Mind maps and checklists to cover off essential learning objectives
  • Practice exam questions at the end of every chapter
  • Chapter round-up videos to summarise your learning
  • 1 hour webinar on 'What You Need to Know', specifically for LM1
  • Bonus ‘Accelerate your revision’ video, posters, and more

"I found it really beneficial, it was easy to use and great to have the chapter explained in a simplified way, far less daunting than the book and the CII website which can be overwhelming! The posters and quick tests all really helped! You have done a fantastic job and I will be definitely recommending to my colleagues, thank you so much again." – Kellie

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.