Insurance Brokers' Liability
The insurance broking market is vast and varied; from brokers serving consumer and SME customers, to truly global brokers advising multi-nationals on highly complex insurance programmes. The mid-market has seen significant consolidation, as well the larger brokers increasing their regional presence to reach SME and mid-sized clients. Personal lines and general insurance brokers face significant challenges from rapid technological advances and commoditisation. Insurance brokers must be true risk professionals/advisors, if they are to continue to add value as trusted insurance advisors to their clients. We have the expertise and resources to support brokers when claims arise.
Overview
Our specialist lawyers defend claims made against all types and sizes of insurance brokers, covering the full spectrum risks, both domestic and international.
Claims often involve chains of brokers spanning multiple jurisdictions and we advise on the respective liabilities between them. Our team also has experience of defending insurance brokers against claims alleging breach of binding authorities or other underwriting agreements.
We have a deep understanding of the broking sector and are ideally placed to advise insurance brokers across the UK. We’ve advised BIBA on brokers’ risk management issues and featured in a range of relevant publications as expert commentators.
We work with the full range of brokers and their PI insurers, including:
- International and Global Brokers
- National UK Brokers
- London Market and Lloyd's Brokers
- Reinsurance Brokers
- Personal Lines Brokers
- Specialist Brokers
As committed specialists, we focus on successful outcomes as well as protecting your brand and reputation. Dedicated relationship partners combined with innovative technology means we deliver incredible support and a proactive approach.
Featured experience
- Successfully defended the brokers in an £8m claim in the High Court, Synergy Health (UK) Limited v CGU Insurance Plc & Others [2010], which is regularly cited as a leading authority in broker cases.
Related services
Insurance Brokers' Liability key contacts
Quiénes somos
¿Por qué elegir DAC Beachcroft?
Somos un bufete comercial de amplia base que presta servicios a una gran variedad de sectores, con una sólida herencia en seguros,
salud e inmobiliario. Combinamos excelentes conocimientos jurídicos y experiencia de vanguardia para diseñar soluciones en
que se adapten a las necesidades de nuestros clientes, a menudo con un uso inteligente de la tecnología.