Insurance

Sale and purchase of brokers and intermediaries: considerations for buyer, seller and third parties

Lecture contents: This seminar looks at topical issues relating to sale and purchase of brokers and intermediaries including: Structures for sale and purchase Removing the barriers: avoiding delays Current due diligence issues – considerations for buyers and sellers, including preparation for sale Warranties, indemnities and representations – problems and protections The impact on and of …

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A Bird’s Eye View of Regulatory Pitfalls

In this lecture we discuss the following: 1. GDPR – Issues for the insurance market – Particular difficulties for reinsurers – Practical steps – revising your privacy notices and third party contracts. 2. Insurance Distribution Directive – New Customer Best Interests Rule – your obligations. – Pre-contract remuneration disclosures. – New obligations when cross selling. …

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Metallica sue Lloyd’s of London over COVID-19 claims

In one of the more notable COVID-related insurance lawsuits so far, heavy metal overlords Metallica have sued “Lloyd’s of London” and others in Los Angeles Superior Court for failing to provide them with an indemnity. According to press reports, the band allege that they purchased “cancellation, abandonment and non-appearance insurance” which ought to have responded …

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