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Syndicate Business Plan Programme

AUDIENCE

This programme is open to all business areas of the market and we look to have a broad range of skills on each of the syndicate teams. Applicants should have at least 12 months' experience in the Lloyd’s or London market. The baseline competence for applicants is the Certificate in Insurance, or LM1 and 2, or an equivalent professional qualification relating to their job role.

PROGRAMME DETAILS

Date: 22 August - 03 December 
Programme: 8 half day modules + an introductory session and 3 extra curricular training sessions
Location:
Various locations
Fee:
£2,500 + VAT

Download the programme brochure for more information

 

ABOUT THE PROGRAMME

The LMA Academy Syndicate Business Plan is an interactive and highly practical course that provides a thorough understanding of the operation of a Lloyd’s underwriting syndicate, based upon the content of the Lloyd’s Business Plan.

Delegates will be divided into four ‘syndicates’ and over the course of the programme will work together on their own Syndicate Business Plan (SBP). The main objective of the programme is to give delegates a basic understanding of the SBP process. The programme covers  the following: 

  • the purposes of the SBP
  • key components of the SBP and the critical business decisions they require
  • main elements of a business strategy and that will be translated in to a business plan. 

Delegates will be tested on their ability to work in a team to produce and present an SBP in the Old Library to a panel of judges. Delegates will also have the opportunity to meet experts from the Lloyd's market in each of the modules. 

Please note: delegates are required to attend all teaching modules and will be required to complete at least 50 extra-curricular hours working with their team to develop their SBP. The full the support of their line manager is critical to allow them the time to complete the work.

PRESENTERS

John Constable, Searchlight Insurance Training

Jonathan Besso-Cowan, Searchlight Insurance Training 

APPLY

There are 24 places available on this programme, with one place per managing agent (unless further spaces are available).  You will be informed as to whether your application has been successful once the deadline has passed. To apply, please download and complete the application form and email this to lauren.corbett@lmalloyds.com by 17.00 Friday 26 July 2019.

CPD HOURS

This programme is accredited by the CII and qualifies for 35 CII CPD hours.

 

Contact us


Lauren Corbett
Senior Executive, LMA Academy

Testimonials

"I found the SBP to be a valuable course, with the teaching providing me with a broad understanding of how the various departments within a Syndicate have to collaborate to develop a business plan. Although highly intense and a big commitment, the highlight for me was the teamwork element of the course. We were put in a situation where we had to work extremely closely with one another over a long period and I am in no doubt that the relationships made during this course will last."
Lloyd’s Underwriter

Read other testimonials from previous delegates