Stay on top of changes and trends in the financial services industry with the IFB Fall Virtual Summit! Learn from some of the best minds in the industry all from the comfort of your home office. Join us for two days of informative presentations, and earn up to 10 hours of top-quality CE.
Up to 10 hours of CE towards:
The total number of credits available for each licensing type may vary.
We'll be joined by many knowledgeable speakers, ready to share their insights and how you can take your business to the next level. Check back soon for details and to download the schedule!
Setting the stage - What are the Concerns:
- Complaints and demands from clients
- Lawsuits from Clients
- Regulatory investigations
Your Duties and Common Allegations:
- Knowing and Communicating with your Client
- The Standard Established by the Courts
- Regulator Expectations, and some notes on the New CIRO
Claim Scenarios
Implementing Practices to Avoid Pitfalls:
- Notes and Documentation (from calls to meetings to text messages)
- Beware the “non-client”- Insurance Applications
- Risk Tolerance
- Managing Client Expectations
Claims Happen - Recognizing, Reporting, Reacting:
- When a claim is made
- Reporting to your E&O carrier
- Admissions and Client Communications
- Release of documents to clients
I have notified my Insurer: What next?
- Interaction with Insurer
- Defence Counsel’s involvement
> Macro View: Deglobalization > Shareholder Yield: Investment Philosophy & Process > Shareholder Yield: How a Portfolio Focused on Shareholder Yield Can Help Your Clients Navigate an Uncertain Market
Assuris will provide an overview of the organization and an update on policyholder protection, including the types of benefits that are protected, and the recently-enhanced protection levels. Assuris will also share resources available to independent financial professionals to support client education. Module 1: About Assuris: our mission, our role, and what we do Module 2: How Assuris protects your clients Module 3: Principles of Assuris protection for policyholders Module 4: How Assuris protection is applied to life and health insurance benefits Module 5: Calculating Assuris protection using different examples Module 6: Assuris information resources for you and your clients
Identifying new trends in hacking with a view to raising awareness of risks and improving cybersecurity practices - Identifying the main myths surrounding the pricing of a simplified issue policy - Demystifying the role of MIB and its codes - Identifying simplified issue business opportunities and target market - Build a case demonstrating that simplified issue is no more expensive than regular underwriting for certain sum insureds - Understand that contracts contain no more exclusions than those offered under regular underwriting.
Are you 0-3 years away from exiting the business? 4-6? Or maybe you don't foresee exiting the business until 7+ years. Each time horizon has critical questions you need to answer today. Roland will share his experience and key considerations for each time horizon in the hopes advisors will better understand their readiness and most importantly what comes next!
For questions, call our office at 1-888-654-3333.
IFB is a self-accrediting provider in the provinces of Alberta, Saskatchewan and Manitoba. For accreditation for RIBO licensed brokers in Ontario, IFB submits all material to RIBO Accreditation, and does not post RIBO credit categories or hours until formal confirmation is received. For accreditation for CFP designates and MFDA registrants, IFB submits all material to FP Canada accreditation, and does not post FP Canada or MFDA credit categories or hours until formal confirmation is received.
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