A selection of over 140 multiple choice questions to help those studying for the London market essentials LM1 insurance exam.
The module provides an introduction to the London insurance market and is ideal for anybody starting out in the insurance industry.
The questions have been split by chapter and cover the following topics:
Fundamental principles of insurance
Basic insurance legal principles and terminology
Main classes of business written in the London market
The insurance cycle
Structure of the London market
Legal and regulatory environment
Regulatory processes, systems and controls
Role of a broker
Role of an underwriter
The questions should be used alongside a text book, to help consolidate what has already been learnt.
The questions can be used over and over and a feature of the app is that it tells you how many attempts you took at each question to give you an idea of how well you know the subject.