BIBF Professional Award for Specialist Insurance Practitioner case studies
BIBF Professional Award for Specialist Insurance Practitioner · Put your knowledge to work in context.
The BIBF Professional Award for Specialist Insurance Practitioner is a professional credential aimed at insurance staff who have moved beyond general principles and now work in technical or specialist lines. It suits underwriters, claims handlers, brokers, reinsurance technicians and compliance staff who need to demonstrate rounded competence across the whole insurance value chain rather than in a single silo. The BIBF Professional Award for Specialist Insurance Practitioner case studies are 5 cases and about 2,942 words.
1The Refurbishment That Changed the Risk
A commercial landlord insures a 1970s office block for £4.2m on a reinstatement basis with a standard property policy. In March the landlord begins a phased refurbishment: the roof is replaced, three floors are stripped to shell, and hot works are used daily.
576 words, about 3 min2The Crane Collapse and the Contractual Web
A contractor is building a distribution centre. It has a construction all-risks (CAR) policy covering the works, with a £250,000 excess and a defect exclusion.
554 words, about 3 min3The Ransomware Demand
A mid-sized logistics company with £60m turnover buys a cyber policy with a £5m limit, a £50,000 retention, and cover for ransomware, business interruption and incident response. In September attackers encrypt the core warehouse management system.
606 words, about 3 min4The Marine Cargo Deviation
A UK exporter ships £3m of specialist machinery from Felixstowe to Singapore under a cargo policy incorporating Institute Cargo Clauses (A). The bill of lading names Singapore as the port of discharge.
574 words, about 3 min5The Reinsurance Recovery Dispute
A regional insurer writes a book of commercial property business. It buys a quota share treaty ceding 40% of every risk, and a per-risk excess of loss treaty attaching at £2m with a £10m limit, in excess of a £2m retention.
632 words, about 3 min