The Law of Insurance Broking is the only book dedicated exclusively to the law affecting insurance brokers and their relationship with clients, agents, and third parties. This leading resource has been comprehensively updated to reflect the regulatory and legislative changes to the industry. It offers practical legal solutions to the day-to-day problems encountered by brokers, as well as clarifying the key principles and terms of insurance contracts.

Main features:

Dedicated guidance on the law and regulation governing the professional activities of insurance brokers and the industry as a whole
Focuses on the relationship between the client, agent, and third parties and all the relevant legal implications
Provides practical and workable solutions to the most significant issues and legal problems faced by brokers on a daily basis
Covers important topics such as net rating, funding, security vetting, rights to documents, profit commissions, and letters of engagement
Explains the key terms of insurance contracts and provides guidance on formation, classification and interpretation
Sets out the principles of the premium for marine and non-marine insurance
Examines the responsibilities and duties of brokers throughout the claims process
Looks at the scope of the broker’s professional liability to the insured
Coverage of accounting procedures
Explains reinsurance contract formation and the role of the reinsurance broker
Overview of obtaining insurance at Lloyd’s of London
Discusses the issues and procedures surrounding the choice of jurisdiction
Written in accessible language to provide clear answers to day-to-day problems

Key features of this edition:

Takes account of the recent changes affecting industry regulation
Provides a new commentary on the broker’s role in preparing and drafting contractual documentation
Includes the latest and most significant case law and legislative changes
Acknowledges key developments introduced by the Insurance Act 2015

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Law of Insurance Broking, 3rd Edition

Law of Insurance Broking, 3rd Edition