LMA would like to invite you to a talk with Stephen Reilly, Partner and Joe Bryant, Partner of Beale & Co who will examine the likely claims that insurance brokers will face arising out of the COVID-19 pandemic.
Specifically, it will deal with the current situation regarding business interruption insurance and the scenario whereby insurers decline to provide indemnity to their policyholders. It will also look at:
• to what extent are disappointed policyholders able to mount a claim against the broker who sold them the policy that failed to respond?
• the allegations are likely to be made?
• what duties does the broker owe in this situation?
• what arguments are likely to be available to a broker in its defence, both on issues of causation and quantum evaluation?