We provide practical guidance in relation to insurance claims, including on subrogation, allocation and aggregation, together with detailed guidance on relevant legislation.
We provide comprehensive guidance on the regulation of insurance in the UK and the EU, alongside trackers and guidance on hot topics such as implementing the FCA's new consumer duty.
Our guidance includes Practice Notes on the different types of insurance, ranging from aviation insurance to warranty and indemnity cover, and everything in between.
Get practical guidance on the functions and duties of insurance intermediaries along with guidance on insurance and reinsurance market practice. This includes a detailed glossary and Practice Notes pack.
Law360, London: An English appeals court agreed with London's ExCeL exhibition centre and other policyholders on 6 September 2024 that national...
Law360, London: Financier Lex Greensill and steel magnate Sanjeev Gupta have denied conspiring to deceive underwriters at insurance giant Zurich over...
Law360: Britain's state-backed flood reinsurance scheme warned on 4 September 2024 that a lack of transparency and consistency in the planning system...
The Financial Reporting Council (FRC) has published two thematic reviews into the quality of UK company reporting focusing on offsetting in the...
This week's edition of Insurance & Reinsurance weekly highlights includes: government flood plan shortcomings risk coverage, scheme warns; Greensill,...
The EU Regime relating to unit-linked insurance policies—essentialsThe benefits payable under long term or life assurance policies may be linked to...
Environmental insurance—when is it needed?What is environmental insurance?Environmental insurance is a risk transfer solution to indemnify the insured...
New home warrantiesThis Practice Note looks at the principal types of policy or guarantee (other than latent defects insurance) that are currently on...
MedcoNOTE: The Pre-Action Protocol for Personal Injury Claims Below the Small Claims Limit in Road Traffic Accidents (the RTA Small Claims Protocol)...
Insurable interestThis Practice Note considers insurable interest, including insurable interest in construction and liability insurance. It also...
Letter of claim—against a solicitor for breach of contract and, or in the alternative, negligence[ON THE HEADED NOTEPAPER OF THE CLAIMANT’S...
Letter of claim in respect of proposed proceedings against a barrister for negligence[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [HEAD OF...
Letter of claim—against an accountant for breach of contract and, or alternatively, negligence in preparing accounts[ON THE HEADED NOTEPAPER OF...
Preliminary notice of claim—against an accountant for failed tax avoidance scheme[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]FAO [MANAGING...
Preliminary notice of claim—against an investment advisor for breach of contract and, or in the alternative, negligence in providing investment...
Insurable interestThis Practice Note considers insurable interest, including insurable interest in construction and liability insurance. It also...
The functions and duties of insurance brokers—policy placementThis Practice Note provides a high level introduction to the functions and duties of...
Public liability insurance—essentialsPublic liability insurancePublic liability insurance is a form of liability insurance that indemnifies a...
Double insurance and contributionOverlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover,...
An introduction to Lloyd’s of LondonWhat is the Lloyd’s market?The Lloyd’s market is an insurance market, whose origins date back to the seventeenth...
Insurance agents and brokersWhat is the difference between an agent and a broker?Where insurance is transacted through an intermediary, that...
Professional indemnity insurance—essentialsWhat is professional indemnity insurance?Professional indemnity insurance is a form of liability insurance....
General principles of insurance contract lawWhat is insurance law?Insurance law can be split into three parts:•insurance contract law which governs...
Exclusion clauses in insurance contractsWhat are exclusion clausesUnlike some exclusion or exemption clauses in ordinary contracts, an exclusion...
Insurance premiumAn insurance premium is the sum paid for insurance or reinsurance cover and is the consideration paid by the (re)insured for the...
Marine insurance—general principlesThis Practice Note describes the main principles of marine insurance as governed by the Marine Insurance Act 1906....
What is a contract of insurance?This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an...
Sanctions clauses and the effect of sanctions on insurance policiesThe Practice Note entitled EU/UK financial and trade sanctions for insurers...
Product liability and product recall insuranceWhat is product liability insurance?Product liability insurance provides an indemnity to a business in...
Trade credit insuranceTrade credit insurance typically provides protection to a policyholder against non-payment of accounts receivable, due to the...
¸é±ð¾±²Ô²õ³Ü°ù²¹²Ô³¦±ð—e²õ²õ±ð²Ô³Ù¾±²¹±ô²õThe parties to a reinsurance contract and reinsurance terminologyThe principal parties to any reinsurance contract are the...
ICOBS Insurance: Conduct of Business Sourcebook—application, general matters, distance communications, information about the firm and product...
Terms of Business Agreement (TOBA)—insurer and managing agent/brokerAn Agreement dated [date] governing the conduct of Insurance Business...
In the context of (re)insurance claims, whether individual losses fall to be treated as a multiple claims or a single claim, usually for the purposes of applying policy limits and deductibles. An aggregation clause stipulates the criteria as to whether or not such losses comprise a single loss or claim.
Where a policy is written and claims are paid, by more than one insurer or reinsurer, under separate contracts of insurance.
Insurance for professionals for negligent acts, errors and omissions which result in a loss to a client, arising out of the ordinary course of the professional business.