Insurance Notes
Tag: brokers negligence
Showing 9 out of 9 results
Court of Appeal holds insurers to the "clear terms" of the policy
The Court of Appeal has handed down its decision in ABN Amro Bank N.V. v Royal & Sun Alliance Insurance plc and others [2021] EWCA Civ 1789. At …
Court finds credit risk cover in marine policy and considers a broker’s duties at placement
In ABN Amro Bank N.V. v Royal & Sun Alliance Insurance plc (and others) [2021] EWHC 442 (Comm), the Court found that an “unusual” and “unprecedented” …
Brokers’ negligence – guidance on the scope of the duty and causation
In Dalamd Limited v Butterworth Spengler Commercial Limited [2018] EWHC 2558 (Comm), Mr Justice Butcher considered a negligence claim against the …
HIGH COURT RULES THAT BROKER WAS NOT IN BREACH OF DUTY IN FAILING TO PROVIDE ORAL ADVICE IN RELATION TO THE DUTY TO DISCLOSE
In holding that a broker was not in breach of duty by failing to give oral advice in relation to the disclosure of criminal convictions the Court has …
AML/CFT COMPLIANCE A KEY FOCUS OF RECENT SUPERVISORY INSPECTIONS BY THE HONG KONG INSURANCE AUTHORITY
Late last week, the Hong Kong Insurance Authority (IA) published a circular setting out its key findings from anti-money laundering and counter-financing …
Reminder to brokers of the need to advise insureds on policy terms
In RR Securities Ltd v Towergate Underwriting Group Ltd [2016] the Court held a broker liable for failing to advise its insured client that certain …
A "blot on English insurance law"
Insurers successfully avoided a policy on the grounds of inadvertent non-disclosure. The High Court commented on the different outcome that would have …
Underinsurance for BI losses
In Eurokey Recycling Limited v Giles Insurance Brokers Limited [2014] EWHC 2989 (Comm), the Commercial Court was presented with a broker negligence claim …
Interpretation of insurance policies and duties of the broker
The judgment of the High Court in Standard Life Assurance Ltd v Oak Dedicated Limited and Others [2008] EWHC 222 (Comm) highlights the dangers for …