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London Market Insurance Principles and Practices - LM2

Sail through your LM2 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

1 student purchased this course

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Overview

Deep dive into insurance law topics for the LM2 coursework and exam, with the U.K.’s only on-demand CII revision resource.

Our one-of-a-kind study solution will walk you through the LM2 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: in this follow-on from the LM2 module, we’ll deep dive into the insurance principles and practices of the London market, to help you build on the foundations of your knowledge.

You’ll learn all about the way business is conducted in the London market, and what makes it an attractive prospect for insurance clients. We’ll cover market security, regulatory and legal requirements, and insurance intermediation. You’ll also learn about reinsurance, solvency, and really get into the finer details of insurance contracts, claims, and complaints.

In short: we will guide you, step-by-step, through everything you need to know to pass the LM2 module.

Description

What will you learn?

Our course helps you achieve all the learning outcomes described in the London Market Insurance Principles and Practices (LM2) 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, amongst others:

  1. The business nature of the London market and main classes written
  2. Reinsurance and market security
  3. The regulations and legal requirements applicable to insurance business
  4. Intermediation and the underwriting function
  5. The specific methods of conducting business
  6. Claims, and how complaints are handled

With this course, you get:

  • Over 3 hours of on-demand video
  • 11 chapters covering all the key principles from the LM2 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 LM2
  • Bonus ‘Accelerate your revision’ video, posters, and more

"It's without doubt one of the best training tools I've come across for studying. I'm a visual learner and the study material was easy to understand and complimented my research and reading of the learning material, perfectly. If you're at any stage of your CII exams." - Luke

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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.