BSc (Econ)(Hons) Economics, Finance and Management
Spanning three years, with options to extend to four or five years to include a year ab...
LLM Insurance Law
QMU-Lincolns Inn Fields London
INTAKE: September
Program Overview
The LLM in Insurance Law at QMUL stands out as the first of its kind in the UK, reflecting the university's commitment to pioneering legal education. Situated in London, a global hub for insurance and home to the renowned Lloyd's insurance market, students are immersed in an environment that blends academic rigor with industry relevance. The program offers both full-time (one year) and part-time (two years) study options, providing flexibility to accommodate diverse student needs.
Curriculum: The curriculum is meticulously crafted to cover all facets of insurance law. Core modules encompass subjects such as General Principles of Insurance Law, Insurance Regulation, Insurance Contracts, and Reinsurance Law. Beyond theoretical understanding, the program emphasizes practical application through case studies, policy drafting exercises, and advocacy training. Students are also required to undertake a supervised 10,000-word dissertation on a chosen insurance law topic, fostering independent research skills.
Research Focus: QMUL's School of Law is renowned for its research excellence, consistently ranking among the top law schools in the UK. The Insurance Law LLM is supported by The Insurance, Shipping & Aviation Law Institute, which promotes high-quality research in these domains. Faculty members are distinguished experts, contributing to leading textbooks and engaging in cutting-edge research that informs their teaching. This integration ensures that students are exposed to the latest developments and scholarly debates in insurance law.
Industry Engagement: A hallmark of the program is its strong ties with the insurance industry. Students benefit from guest lectures delivered by industry practitioners, providing insights into real-world challenges and practices. The program also facilitates networking opportunities, enabling students to connect with professionals and potential employers. Additionally, visits to prominent institutions like Lloyd's of London and leading insurance law firms are organized, offering students firsthand exposure to the industry's operations and culture.
Global Perspective: Recognizing the global nature of the insurance market, the LLM program adopts an international outlook. While focusing on English law, it also incorporates comparative studies, examining how different jurisdictions approach insurance law. This global perspective equips students with the versatility to operate in various legal systems and enhances their understanding of international insurance practices.
Location
QMU-Lincolns Inn Fields London
Score
IELTS: 6.5
Tuition Fee
£ 31500
Postgraduate Entry Requirements:
- Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 60% or equivalent.
- English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
- IELTS: A minimum overall score of 6.5 with no individual component below 6.0.
- TOEFL: A minimum overall score of 92, with at least with at least 17 in Listening, 18 in Reading, 20 in Speaking, and 21 in Writing.
- PTE Academic: A minimum overall score of 71 with 65 in Writing, and 59 in Reading, Listening and Speaking..
- Some postgraduate programs may have specific subject prerequisites or additional requirements.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
Work experience: Some postgraduate courses may require relevant work experience in the field.
It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.
Queen Mary University of London offers a range of scholarships and bursaries to its students.
Queen Mary Principal's Scholars Program: A scholarship program for undergraduate students who have an offer of admission from Queen Mary University of London and have achieved exceptional academic grades. The scholarship covers full tuition fees for three years of study, as well as a £2,000 annual stipend for living expenses.
Queen Mary International Excellence Scholarships: A scholarship program for international undergraduate and postgraduate students who have an offer of admission from Queen Mary University of London and have demonstrated academic excellence. The scholarship covers full tuition fees for one year of study.
Queen Mary Law Scholarships: A scholarship program for undergraduate and postgraduate law students who have an offer of admission from Queen Mary University of London and have demonstrated academic excellence. The scholarship covers full or partial tuition fees, depending on the level of academic achievement.
Queen Mary Engineering and Materials Science Scholarships: A scholarship program for undergraduate and postgraduate students studying engineering or materials science who have an offer of admission from Queen Mary University of London and have demonstrated academic excellence. The scholarship covers full or partial tuition fees, depending on the level of academic achievement.
The LLM Insurance Law program at Queen Mary University of London prepares students for a wide range of exciting and rewarding career opportunities in the insurance industry, legal practice, regulatory bodies, and international organizations.
Insurance Lawyer: Graduates can pursue a career as insurance lawyers, working for law firms specializing in insurance law. They provide legal advice and representation to insurance companies, policyholders, and other stakeholders in insurance-related matters. Insurance lawyers handle contract negotiations, claims disputes, regulatory compliance, and litigation cases.
In-House Counsel: Many large insurance companies have in-house legal teams to handle legal matters internally. Graduates can work as in-house counsel, advising the company on legal and regulatory issues, drafting and reviewing insurance contracts, and ensuring compliance with insurance laws and regulations.
Insurance Claims Manager: Insurance claims managers play a crucial role in the insurance industry. They oversee the claims process, assess claim validity, negotiate settlements, and ensure proper adherence to insurance policies and regulations. Graduates with an LLM in Insurance Law have the necessary knowledge to excel in this role.
Risk Analyst: Insurance companies rely on risk analysts to assess and evaluate potential risks associated with insurance policies. Graduates can work as risk analysts, analyzing data, conducting risk assessments, and providing insights to underwriters and insurance companies to make informed decisions.
Compliance Officer: Regulatory compliance is a critical aspect of the insurance industry. Graduates can work as compliance officers, ensuring that insurance companies comply with applicable laws, regulations, and industry standards. They monitor regulatory changes, develop compliance programs, and provide guidance to the organization to mitigate legal and regulatory risks.
Insurance Consultant: With their specialized knowledge of insurance law and industry practices, graduates can work as consultants, providing expert advice to insurance companies, legal firms, and other organizations. They offer guidance on legal and regulatory matters, risk management, policy development, and strategic decision-making.
Regulatory Bodies: Graduates can pursue careers within regulatory bodies responsible for overseeing and enforcing insurance laws and regulations. They can work as legal advisors, policy analysts, or enforcement officers, ensuring compliance with insurance laws, protecting consumer interests, and maintaining the integrity of the insurance market.
Government Agencies: Government agencies dealing with insurance and financial services may offer career opportunities for graduates. They can work in departments responsible for policy development, legislation drafting, or regulatory oversight, contributing to the formulation and implementation of insurance-related policies.
International Organizations: Graduates can explore opportunities with international organizations such as the International Monetary Fund (IMF), World Bank, or the International Association of Insurance Supervisors (IAIS). They can work on global insurance policy issues, contribute to research and policy development, and participate in international regulatory harmonization efforts.
Further Academic Pursuits: The LLM Insurance Law program also serves as a solid foundation for those wishing to pursue further academic research or teaching in the field of insurance law. Graduates can pursue doctoral studies or academic careers, contributing to the advancement of insurance law scholarship.
