Professional Negligence Claims Against Insurance Brokers

1. Mis-statement regarding the re-insurance.
2. Failing to effect insurance.
3. Effecting insurance, but not in the terms specified by the client.
4. Effecting insurance which does not meet the client’s requirements.
5. Failing to exercise discretion reasonably.
6. Failing to act with reasonable speed.
7. Liability arising out of material non disclosure.
8. Making a misrepresentation to the insurers.
9. Failing to keep the client properly informed as to the existence of terms of cover.
10. Failing to give proper advice.

Funding

Fixed fee, capped fee and conditional fees are all considered. We will take a pragmatic and creative approach as our aim is to foster long-term business partnerships with our clients.

Due to our extensive experience, from an early stage we will be able to confirm whether we can act on your behalf on a conditional fee basis, more commonly known as “a no win no fee agreement”.  Such an agreement simply means that if we do not succeed with your claim you will not have to pay for our services.  However, if we are successful, you will be responsible for our legal costs in accordance with the conditional fee agreement.  However, your reasonable legal costs are often recovered from the opposing party if you are successful. 

For a no-obligation discussion on making a claim against an insurance broker for professional negligence, please contact Sarah Perry.