Despite the internet the majority of insurance contracts are still organised via insurance agents or brokers. Insurance brokers not only arrange such policies but often give advice in connection with them and even sometimes assist their clients with making claims under them.
The duties of insurance brokers are governed not only by the terms of the relevant contract and the law of negligence but also by The Financial Services and Markets Act 2000. Whether an insurance broker is sued for breach of contract or negligence the real question is whether they have exercised that degree of skill and care to be expected of the reasonably competent insurance broker.
Insurance broker negligence can arise from failures:
- to arrange insurance at all or on the terms requested by the client
- to give proper advice or to arrange appropriate insurance
- to act with reasonable speed
- to disclose material facts or positively misrepresenting facts to the insurers such that the insurance policy is voided
We will carefully consider the facts and law before advising you where you stand legally and what the best tactic is likely to be to achieve the result that you want.
To speak to a specialist professional negligence lawyer who can help you with your insurance broker malpractice claim or any other professional negligence claim contact us today by calling, emailing or requesting a call back from one of our specialist lawyers.