Insurance & professional risk

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  • Optimisation of the SIMR: Combatting "groupthink" in the insurance industry?

    Blog Post

    Submitted: 13 March 2018

    Read our latest insurance blog post: The PRA’s policy statement PS1/18 confirms that by 09 April 2018 insurers will be required to have a diversity policy for their boards, following its June 2017 consultation (CP8/17).

  • Optimisation of the SIMR: Combatting "groupthink" in the insurance industry?

    Article

    Submitted: 13 March 2018

    ​The PRA’s policy statement PS1/18 confirms that by 09 April 2018 insurers will be required to have a diversity policy for their boards, following its June 2017 consultation (CP8/17).

  • Scope of notification of circumstances under a professional indemnity policy

    Blog Post

    Submitted: 08 February 2018

    This blog post looks at the case of Euro Pools v Royal Sun Alliance. Tricky questions can arise around the scope of an insured’s notification of “circumstances” under claims-made policies, particularly in the context of an ongoing investigation and evolving facts.

  • Scope of Notification: a narrowing of approach?

    Article

    Submitted: 06 February 2018

    This article considers the principles to be applied when assessing the scope of a notification of “circumstances” by an insured, and looks at the recent decision of Euro Pools Plc. v Royal and Sun Alliance Insurance Plc. [2018] EWHC 46 (Comm).

  • Podcast 620: Class Actions and Collective Redress

    Video Podcast

    Submitted: 19 January 2018

    Chris Owen gives Kirsty Oliver his views on the current and future status of collective redress in England and Wales.

  • Permission to rely on new expert quantum report refused on grounds of unreasonable delay

    Blog Post

    Submitted: 04 January 2018

    This blog post looks at the recent TCC case of DPM Property Services Limited v. Emerson Crane Limited, which serves as a further reminder, following Denton v. TH White Ltd, that parties to litigation must be proactive and avoid unnecessary delays when seeking to rely on expert evidence.

  • Owner of sub-contractor held personally liable to main contractor for £4m

    Blog Post

    Submitted: 21 December 2017

    In a recent summary judgment application, the Technology and Construction Court held that an owner of an insolvent sub-contractor was liable to the main contractor for £4m – Multiplex Construction Europe Ltd v Gordan Alan Dunne

  • Simply the best?

    Blog Post

    Submitted: 13 December 2017

    Declaration granted that defendant reinsurers liable to claimant insurers despite no evidence of reinsurance policy documents. A useful reminder of the application of the best evidence rule, and the operation of the s. 29(5) “acknowledgment of liability” trigger for extending limitation periods.

  • Settlement with multiple defendants: a note of caution

    Article

    Submitted: 12 December 2017

    When seeking to settle a claim involving multiple defendants (or potential defendants), there are a number of traps for the unwary.

  • Potential liability of regulators

    Article

    Submitted: 12 December 2017

    Although public policy considerations mean that regulators are rarely found liable for performance of their statutory functions, certain circumstances may make liability more likely. In particular, where responsibility has been assumed outside of core regulatory functions.

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