Seminars

Delegated Authority: The Magic Behind the MGA Marketplace (IIBC)

CIP Society Webinar

Insurance Institute of BC, BC [Map]
Date and Time: June 13, 2023 9:00am - 11:15am PDT

This is the registration page for IIBC members. Please register with your local Institute office: IIM, IIO,

The MGA marketplace is where complex and interesting risks are written. What enables the market to function is the pooling of these extraordinary risks in specialized MGAs. This is accomplished through the contractual arrangement known as delegated authority. Discover how the legal framework of Delegated Authority allows the entrepreneurial focus of MGAs to flourish, and how underwriting, claims and reputational risk management are all navigated within this arrangement.

Webinar Objectives

• Explain the legal and contractual considerations for delegated authority
• Identify commercial liability considerations for MGAs
• Describe the MGA mindset

Webinar Presenters

Mark Woodall, President & Owner - Bubba Holdings Ltd.
Mark has extensive, long-term involvement as a large loss adjuster for Lloyds, and actively promotes Lloyds in Canada on a number of issues. With forty years’ experience in the industry, he has worked at the senior management level with a number of large domestic insurers. As well, he held the position of COO for a large independent adjusting company. Being well-recognized for his specific expertise in the industry, he is often called upon to deal with difficult risks, and has worked as a skilled self-employed large loss adjuster. Over his career, Mark has taught courses for the Insurance Institute of BC and was awarded Instructor of the Year in 1998. Mark was selected as the Insurance Person of the Year in BC in 2009, and is a regular speaker for the insurance industry.

Webinar Log-in: Please ensure the email address in your profile is current. Connection testing and login details will be emailed prior to the webinar. Please check the email to test your connection to the webinar platform.

Number of Continuing Education Credits: 2 Technical CE Credit (BC)
Please be aware that tardy log-in or early log-out to/from the webinar will preclude IIBC from issuing a CE certificate for this education session.
* If you require CE credits for licensing renewal requirements in provinces other than BC, please check with you provincial licensing regulator for validity.

Registration Deadline: Monday, June 12, 2023

Fees: Before GST. Insurance Institute membership required

$80.95 IIBC Member
$71.43 CIP Society Member
$64.29 Corporate Rate (group of 6+) - Contact Winnie to register groups.

+$85.71 Insurance Institute membership for New Members (membership exp May 31, 2024 )

Cancellation Policy: Participant substitutions accepted up to 24 hours prior to webinar (substitute must be current member). IIBC reserves the right to cancel the webinar due to unforeseen circumstances.

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QUESTIONS?
Winnie Hon, CIP , Seminars & Events Specialist
Insurance Institute of BC
E: whon@insuranceinstitute.ca
T: 604.678.5747

PRICES BELOW ARE BEFORE TAX.
New members: IIBC Membership Fee of $85.71 is applicable (membership expires May 31, 2024). For assistance to renew or process a new membership, please contact iibcmail@insuranceinstitute.ca or 604 681 5491.