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LM1 (EP2) - London Market Insurance Essentials
Before We Get Started
Welcome to LM1 (1:16)
Learning Outcome Mind Maps
LM1 -2025 Update Overview (7:22)
'Update note on DXC/Xchanging'
LM1 2024 Updates (9:06)
Share The Date
Refer a friend (0:31)
Chapter 1
Introduction to Risk (1:26)
Risk Management (0:52)
Components of Risk (1:48)
Categories of Risk (1:47)
Additional Elements of Risk (1:17)
Functions of Insurance (1:16)
Compulsory Insurance (2:09)
Artificial Intelligence (2:43)
Environmental, Social and Governance (2:54)
Trainers' Commentary - Attitude to Risk (2:23)
Trainers' Commentary - Risk Management (2:03)
Trainers' Commentary - AI (1:15)
Trainers' Quirks - Equitable Premium (3:04)
Trainers' Quirks - Compulsory Insurance (2:28)
Trainers' Quirks - Primary Functions of Insurance (0:36)
Trainers' Commentary - Categories of Risk (2:08)
Chapter 1 - 'Swot Up'
Test your knowledge
Checklist
Chapter 1 - Audio Only
Chapter 2 - Basic Insurance Legal Principles and Terminology
Essentials of a Valid Contract (2:02)
Insurable Interest (2:10)
Good Faith (4:04)
Cancellation (1:12)
Indemnity (5:45)
Proximate Cause (1:23)
Contribution and Subrogation (3:22)
Sum Insured Method (1:34)
Independent Liability Method (2:01)
Snip-it Summary - Lister v. Romford Ice Cold Storage (0:37)
Berkshire Assets Ltd v. AXA Insurance UK PLC (1:06)
Trainers' Commentary - Proximate Cause (4:30)
Trainers' Commentary - Subrogation and Contribution (3:24)
Trainers' Commentary - Indemnity (6:10)
Trainers' Quirks - Contract Case Law (3:27)
Trainers' Commentary - Excess, Deductible and Franchise (1:53)
Trainers' Quirks - Spent Convictions (1:03)
Trainers' Quirks - Salvage (1:36)
Trainers' Commentary - Good Faith (5:35)
Trainers' Commentary - Insurable Interest (4:07)
Checklist
Chapter 2- 'Swot Up'
Test your knowledge
Chapter 2 - Audio Only
Chapter 3
Marine and Aviation (4:16)
Non-Marine Insurance (2:00)
Non-Marine liabilities (2:21)
Reinsurance (2:58)
Trainers' Quirks - Marine insurance - Short-tail vs Long-tail (1:39)
Trainers' Commentary - Types of Reinsurer (0:42)
Trainers' Commentary - Reinsurance Terminology (5:20)
Trainers' Commentary - Captives (1:55)
Checklist
Chapter 3- 'Swot Up'
Test your knowledge
Chapter 3 - Audio Only
Chapter 4
Insurance Cycle (2:41)
Trainers' Commentary - Supply and Demand (7:15)
Trainers' Commentary - High and Low Order Service (1:51)
Checklist
Chapter 4 - 'Swot Up'
Test your knowledge
Chapter 4 - Audio Only
Chapter 5
Market Associations (1:44)
London Market Structure (1:37)
Lloyd's Market (1:54)
Managing General Agents (MGAs) (0:52)
Trainers' Commentary - Contract Certainty (2:43)
Trainers' Commentary - Delegated Authority (1:43)
Checklist
Chapter 5- 'Swot Up'
Test your knowledge
Chapter 5 - Audio Only
Chapter 6
The Regulators (2:33)
The Handbooks (2:37)
Overseas Regulation (0:59)
Lloyd’s Governance (1:42)
Authorisation of New Insurers, FOS and FSCS (2:26)
Consumer Duty (3:32)
Trainers' Commentary - ESG (2:10)
Trainers' Commentary - The Central Fund (1:10)
Checklist
Chapter 6 - 'Swot Up'
Test your knowledge
Chapter 6 - Audio Only
Chapter 7
Sanctions and Export Controls (2:51)
Money Laundering and Bribery (3:05)
Data Protection (2:40)
Trainers' Commentary - Data Protection (1:38)
Trainers' Commentary - Bribery Act 2010 (0:45)
Checklist
Chapter 7 - 'Swot Up'
Test your knowledge
Chapter 7 - Audio Only
Chapter 8
Duties of the Parties (1:03)
Law of Agency (2:49)
Regulation and Services Provided by Intermediaries (5:44)
Trainers' Commentary - Broker Networks and Consolidation (1:05)
Trainers' Commentary - Wholesale and Retail Brokers (1:32)
Trainers' Commentary - Agency (2:43)
Trainers' Commentary - Different Types of Intermediary (1:23)
Trainers' Commentary - Delegated Authority (1:43)
Trainers' Commentary - TOBAs (1:18)
Checklist
Chapter 8 - 'Swot Up'
Test your knowledge
Chapter 8 - Audio Only
Chapter 9
Role and Function (0:29)
Subscription Market (2:37)
Trainers' Commentary - Different Types of Lead (1:03)
Checklist
Chapter 9 - 'Swot Up'
Test your knowledge
Chapter 9 - Audio Only
Additional Support
Refer a friend
Accelerate your Revision (47:54)
Accelerate your Revision - Audio Only
LM1 - What You Need To Know (52:23)
LM1 - What You Need To Know Audio Only (52:23)
ACII- Completing Your Advanced Diploma (8:09)
ACII- Completing Your Advanced Diploma - Audio Only
Taking Your Exam – What you Need to Know
Market Cycle Poster
Principles for Businesses Poster
Money Laundering Poster
Data Protection Poster
UK Regulatory Structure Poster
The Acts The Facts
Two Truths and a Lie
LM1 CII Exam Guide Practice Paper - Based on the 2024 syllabus examined from 1 January 2024 until 31 December 2024
LM1 CII Exam Guide Practice Paper - Based on the 2023 syllabus examined from 1st January 2023 - 31st December 2023
LM1 CII Exam Guide Practice Paper - Based on the 2022 syllabus examined from 1 January 2022 until 31 December 2022
'I PASSED' Stamp for Social Giveaway
Future Development
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Trainers' Commentary - Excess, Deductible and Franchise
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