Insurance brokers are a vital feature of every insurance transaction. It is this unique position which has potentially exposed brokers to extended obligations and anomalies under the law. The broker’s position has become more uncertain and complex following proposals of the Law Commission and the activities of the FSA and the European Commission. This event will consider some aspects of the environment in which brokers operate.
Issues
• Are the courts extending common law duties of care?
• Disclosure and section 19 of Marine Insurance Act 1906
• The regulatory environment