Blog: Insurance broker negligence claims
Pradeep Oliver, a partner specialising in professional negligence at law firm Cripps, shares what brokers need to know and how to minimise the risk of a claim.
In uncertain times, increases in claims against professionals including insurance brokers is usual.
While not a welcome prospect, professionals should be aware that negligence claims are not easy and that there are practical measures which can significantly reduce the risk of a claim succeeding.
What is a negligence claim?A claim for ‘professional negligence’ is shorthand for a claim brought by a client against a professional under the tort of negligence and contract. Simply put, a professional
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insight
Laka buys renewal rights of CoverCloud’s bike portfolio
Insurtech Laka has bought the renewal rights to CoverCloud’s bike portfolio from broker Acumen Insurance Services.
CFC launches carbon credit loans policy
CFC has launched Carbon Lender Insurance policy deployed with Standard Chartered Bank, claiming a first.
Broker Expo 2024 Countdown: Clear regional managing director, London, Nick Smallcorn
As we countdown to Insurance Age’s Broker Week we asked our Broker Expo speakers to share some insights into the event, market issues and who the most heavy metal people in insurance are. Today we focus on Clear regional managing director, London, Nick Smallcorn.
IS2 promises supercharged commercial schemes distribution
IS2 has launched an API enabled hosted pricing solution, staking a claim for a commercial lines schemes first.
Premium Choice pushes beyond £10m in 2023
Personal lines motor specialist broker Premium Choice took turnover up to £10.53m in 2023 having broken through the £10m barrier the year before.
Clare Lebecq exits SRG
Clare Lebecq has stepped down as chief operating officer of Specialist Risk Group, Insurance Age can reveal.
Flock launches insurance for removal fleets
Insurtech Flock has rolled out a motor fleet insurance product for professional removal and storage companies available through brokers and directly.
Esure owner Bain eyeing up sale – report
Esure is possibly up for sale, as private equity firm Bain Capital has lined up advisors, according to Reuters.