Julia Gibbon

This Practice Note provides a high-level introduction to the role of reinsurance brokers when placing reinsurance that is intended to be ‘back-to-back’ with the underlying policy. It provides guidance as to how the duties owed by reinsurance brokers differ from brokers only placing direct insurance. It provides information and guidance on the potential conflicts of interest involved in placing back-to-back reinsurance and on risks and common mistakes that may result in claims against brokers acting in a dual capacity. This Practice Note also provides practical guidance as to how brokers may prevent or mitigate negligence claims against them and provides links to related content.