Under the Municipal Mutual Insurance (MMI) Scheme of Arrangement, Public Sector organisations who are scheme creditors are subject to a levy for future claims payments. As such, their liabilities may change depending on the future claims experience within the sector, which determines whether these levies are adjusted.
Currently, creditors are responsible for the first 25% of future claims payments, and while there is no prediction of this changing in the near future, new and evolving risks that may lead to an additional levy cannot be ruled out.
On 19 January 2023 at 11 a.m., we are hosting a 30-minute webinar to update creditors of the Municipal Mutual Insurance Scheme of Arrangement following their recently-published annual reports and accounts from MMI.
If you have an interest in the MMI position, then please join us for this session, where Gallagher’s experienced Public Sector Actuary, James Keough, will share his views on what the latest report could mean for the scheme’s creditors.
We will be looking at MMI claim trends with regard to outstanding and newly-reported claims, as well as the possibility of new types of latent claims emerging in the coming years.
This session should be of particular interest to any creditor that is potentially liable to clawback under the scheme.
Our panel:
- James Keough, Senior Consulting Actuary, Gallagher
- Paul Latham, Business Development Manager, Gallagher
Who should attend?
Financial Directors and Insurance Officers who have an interest in the Municipal Mutual Insurance Scheme of Arrangement, and the impact it has on your organization.
When:
Thursday, 19 January 2023 at 11 a.m.
How to book your place:
To register for this webinar, please click the button below. Once registered, you will be emailed the joining details. If you are unable to join us live on the day, you will be emailed a link to watch on demand later.
