Insurance and insolvency

Uncover the challenges and solutions related to insolvency within the insurance sector. This topic offers practical advice on navigating insolvency proceedings, restructuring, and the impact on policyholders and creditors.

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Practice notes
Professional indemnity insurance—essentialsWhat is professional indemnity insurance?Professional indemnity insurance is a form of liability insurance....
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30th May
Practice notes
Reinstatement of insured property after a lossWhat is reinstatement?Reinstatement is the repair or replacement of property so that it is in the same...
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Produced in partnership with Alexander Rosenfield of Fenchurch Law and Ayobami Babatunde of Fenchurch Law
2nd Jun
Precedents
Terms of Business Agreement (TOBA)—insurer and managing agent/brokerAn Agreement dated [date] governing the conduct of Insurance Business...
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30th May
Practice notes
Exclusion clauses in insurance contractsWhat are exclusion clausesUnlike some exclusion or exemption clauses in ordinary contracts, an exclusion...
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Produced in partnership with Susie Wakefield of Shoosmiths
30th May
Practice notes
Professional indemnity insurance—solicitorsThis Practice Note sets out the professional indemnity insurance requirements for solicitors, including...
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Produced in partnership with Jane Williams of Clyde & Co LLP and Lucy Murphy of Clyde & Co LLP
2nd Jun
Practice notes
Hull and machinery insuranceWhat is hull and machinery insurance?Hull and machinery insurance (‘H&M insurance’) is a form of insurance which...
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Produced in partnership with Andrew Leung, Mark Stiggelbout and Nichola Warrender KC of Quadrant Chambers.
30th May
Practice notes
Trade credit insuranceTrade credit insurance typically provides protection to a policyholder against non-payment of accounts receivable, due to the...
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Produced in partnership with Michael Morris of Clyde & Co LLP and Rebekah Jones of Clyde & Co LLP
30th May
Practice notes
Double insurance and contributionOverlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover,...
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Produced in partnership with Susie Wakefield of Shoosmiths
30th May
Practice notes
Marine insurance—general principlesThis Practice Note describes the main principles of marine insurance as governed by the Marine Insurance Act 1906....
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30th May
Practice notes
The functions and duties of insurance brokers—policy placementThis Practice Note provides a high level introduction to the functions and duties of...
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30th May
Practice notes
Product liability and product recall insuranceWhat is product liability insurance?Product liability insurance provides an indemnity to a business in...
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Produced in partnership with Mark Everiss of Eversheds Sutherland and Naz Gauri of Eversheds Sutherland
30th May
Practice notes
Sanctions clauses and the effect of sanctions on insurance policiesThe Practice Note entitled EU/UK financial and trade sanctions for insurers...
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Produced in partnership with Daniel Martin of HFW and James Neale of HFW
30th May
Q&As
What is meant by an 'indemnity to principals' provision and an 'additional insured' provision? What are the practical differences in protection each...
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30th May
Practice notes
Outsourcing in insurance—one minute guideThis Practice Note provides a high level guide to the key regulatory and practical issues relating to...
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Produced in partnership with Simon Thomas of Carter Perry Bailey LLP
2nd Jun
Practice notes
Employers' liability insurance—essentialsOverview of employers’ liability insuranceIt is long established that an employee who has suffered an injury,...
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Produced in partnership with Jane Price of Weightmans
30th May
Practice notes
Professional indemnity insurance—accountants and auditors (ICAEW)This Practice Note sets out the professional indemnity insurance (PII) requirements...
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Produced in partnership with Simon Bosworth of Clyde & Co LLP and Rob Crossingham of Clyde & Co LLP
2nd Jun

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