Professional Indemnity Insurance

• Provides a specialist and authoritative guide to the law of professional indemnity insurance (PII)
• Includes discussion of practical issues such as notification of claims and circumstances, aggregation and fraud and dishonesty.
• Incorporates detailed description of relevant authorities including from major Commonwealth jurisdictions
• Considers standard terms (such as solicitors' Minimum Terms) and other policy wording in the context of the relevant principle

This new work provides an authoritative and practical guide to the law of professional indemnity insurance (PII). Although governed by the general principles of insurance law, PII gives rise to specific issues which merit special treatment. Professional Indemnity Insurance provides a clear, succinct account of the general principles of the relevant law, and focuses on professional indemnity related issues.

The book includes exposition of the relevant authorities (including from major Commonwealth jurisdictions) in order to further illustrate points of law and lines of argument. There is a discussion of standard terms (such as the solicitors' Minimum Terms) and of policy wordings in general use and the authors seek to address the issues which arise in practice in relation to claims made policies.

As the recession gives rise to a new wave of claims against professionals, raising issues such as block notification of claims, aggregation and the exclusion of cover for fraud and dishonesty, the publication of this book is timely and will be an invaluable resource for solicitors and barristers specialising in professional liability, and in insurance/reinsurance.