Professional Indemnity Insurance
2nd Edition
Published on 25. February 2016
Book
Hardback
464 pages
978-0-19-872518-3 (ISBN)
Description
This authoritative and practical guide provides a thorough account of the law and practice of professional indemnity insurance.
Topics examined include the basis of cover, entering the contract, block notification of claims, aggregation, and the exclusion of cover for fraud and dishonesty. The book also considers the standard terms and policy wordings involved in claims policies and the associated issues that can arise in practice.
In addition to providing analysis of English case law, the book also includes authorities from other major Commonwealth jurisdictions to give the most complete interpretation of the law on this specialist area. All key recent cases relating to professional indemnity insurance are covered, for example Omega Proteins Ltd v. Aspen Insurance UK Ltd [2010] EWHC 2280 (Comm) and ACE European Group v. Standard Life Assurance Ltd [2012] EWCA Civ 1713.
Additionally, the new edition considers statutory developments since the last edition, most notably the Third Parties (Rights Against Insurers) Act 2010 and the Insurance Act 2015, and topical issues such as aggregation of claims.
Topics examined include the basis of cover, entering the contract, block notification of claims, aggregation, and the exclusion of cover for fraud and dishonesty. The book also considers the standard terms and policy wordings involved in claims policies and the associated issues that can arise in practice.
In addition to providing analysis of English case law, the book also includes authorities from other major Commonwealth jurisdictions to give the most complete interpretation of the law on this specialist area. All key recent cases relating to professional indemnity insurance are covered, for example Omega Proteins Ltd v. Aspen Insurance UK Ltd [2010] EWHC 2280 (Comm) and ACE European Group v. Standard Life Assurance Ltd [2012] EWCA Civ 1713.
Additionally, the new edition considers statutory developments since the last edition, most notably the Third Parties (Rights Against Insurers) Act 2010 and the Insurance Act 2015, and topical issues such as aggregation of claims.
Reviews / Votes
Review from previous edition This book is a useful, concise, and reasonably priced complement to any library already including a general insurance text. It is hoped that there will be future editions * Jeffrey Thomson, Journal of Business Law * For barristers and solicitors as well as for practitioners in a host of other professions, this is the definitive and most up to date work of reference available on professional indemnity insurance, and this new edition will be regarded as an essential purchase for the professional library. * Phillip Taylor MBE and Elizabeth Taylor, Richmond Green Chambers *More details
Other editions
Additional editions
Mark Cannon QC | Brendan McGurk
Professional Indemnity Insurance
E-Book
02/2016
2nd Edition
OUP eBook
€222.99
Available for download
Persons
Mark Cannon is a Barrister at 4 New Square with over 20 years' experience. He specialises in professional liability claims in a commercial context, commercial disputes, and construction and insurance.
Brendan McGurk is a Barrister at Monckton Chambers where he practices in commercial, public law, and regulatory disputes.
Brendan McGurk is a Barrister at Monckton Chambers where he practices in commercial, public law, and regulatory disputes.
Content
1. Introduction ; 2. The Basis of Cover ; 3. The Insurance Broker ; 4. Entering the Contract ; 5. The Duty of Fair Presentation ; 6. Misrepresentation ; 7. The Construction of the Contract ; 8. Fraud and Dishonesty ; 9. The Indemnity ; 10. The Amount of the Indemnity ; 11. The Obligations on the Insured ; 12. The Defence of Claims by Third Parties ; 13. Third Party Rights Against Insurers