Basic Quantification Principles of Loss of Earnings and Loss of Support Claims 31 March 2023

Description

SIOPSA INTEREST GROUP PSYCHO-LEGAL PRESENTS

Basic Quantification principles of Loss of Earnings and Loss of Support Claims

31 MARCH 2023

This webinar is aimed at providing foundational and fundamental quantification principles of Loss of Earnings and Loss of Support claims. In particular, this session will explore underlying principles of such reports, how family income is used to calculate losses, what is required in the IOP report to value claims and how IOP reports are used to value claims, as well as a broad overview of the actuarial report. In addition, an overview of the role of the actuary is provided; and some common misunderstandings between IOP’s, actuaries and attorneys are examined.

WHY SHOULD YOU ATTEND

This event will provide insight into underlying quantification principles of Loss of Earnings and Loss of Support claims so as to provide the basis for IOP’s to ensure that they effectively and correctly address quantum, and do not fall into the common pitfalls associated with the same.

PRESENTER

Dean Berndt

Dean has been with Munro Actuaries since 2011, and for the past 5½ years he has worked closely with IOP’s providing training and guidance in the Medico-legal realm.  Dean has experience in working on matters for plaintiff and defendant parties from both an Actuarial and IOP perspective; thus, he has a decent understanding of the challenges faced within this ever-changing industry.

WHO SHOULD ATTEND

Emerging Industrial Psychologists, Intern Industrial Psychologists, and Registered Industrial Psychologists