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Construction Professional Indemnity Insurance

Construction Professional Indemnity Insurance
2nd Edition
ISBN:  9780414099937
Published by:  Sweet & Maxwell
Author:Paul Reed
Publication Date:  13 Dec 2022
Subscription Information:  Non-Subscribable Product
Format:  Hardback
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Winner of the 2019 British Insurance Law Association (BILA) annual book prize

Construction Professional Indemnity Insurance, second edition, is the definitive practitioner reference for all those involved in construction projects, from contractors to employers, architects to insurance brokers. Complementing Construction All Risks Insurance, these are the two titles all construction and insurance professionals need.

The second edition covers updates including:
  • The Fire Safety Act 2021 and the Building Safety Act 2022, which were introduced following Grenfell, and 
  • Payment of damages for late payment of insurance claims and the case of Quadra Commodities. 
Construction Professional Indemnity Insurance also provides in depth analysis of insurance and construction law, including the recent decisions of:
  • The Court of Appeal in Euro Pools v RSA, which clarified the law relating to notification of claims,
  • The Supreme Court in FCA v Arch, and 
  • The TCC in The Rugby Football Union v Clark Smith Partnership Limited and FM Conway Limited as to who is insured.

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CONTENTS

  1. Construction Professional Indemnity Insurance
  2. Duties of Construction Professionals: General Principles
  3. Duties of Construction Professionals: Specific Duties
  4. The Placing and Formation of the Insurance Contract
  5. Misrepresentation, Fraud and the Duty of Good Faith
  6. Interim Insurance
  7. Basis of Cover
  8. The Scope of the Indemnity
  9. Cause of the Insured's Loss
  10. Ascertainment of Liability
  11. The Amount of the Indemnity
  12. Double Insurance
  13. The Construction of the Policy
  14. Clauses of the Risk: Standard Cover
  15. Terms on Claims and Ocurrences
  16. Loss and Remedies
  17. Notification of Claims
  18. The Obligations of the Insured
  19. The Defence of Claims by Third Parties
  20. Limitation
  21. The Rights of Third Parties Against Insurers
  22. Conduct of Claims Involving Construction Professionals

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