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Implications of coronavirus (COVID-19) for brokers’ professional indemnity insurance

Implications of coronavirus (COVID-19) for brokers’ professional indemnity insurance
Published on: 15 May 2020
Published by: LexisPSL
  • Implications of coronavirus (COVID-19) for brokers’ professional indemnity insurance
  • What risks do insurance brokers face in relation to (lack of) cover offered?
  • Can brokers take comfort in light of insurers’ assertions that business interruption (BI) does not cover pandemics, rather it is intended for infectious diseases, such as legionnaires?
  • What practical guidance can be offered to brokers for new/renewing business?

Article summary

Insurance & Reinsurance: Alaina Wadsworth and Sophie Newman, partner and associate respectively at CMS, discuss the implications of the coronavirus (COVID-19) pandemic on insurance brokers' professional indemnity insurance. or take a trial to read the full analysis.

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