The Great Fire of London was finally extinguished 350 years ago today. New insurance structures emerged in the aftermath of the Great Fire – which bear striking resemblance to some of ...05 September 2016
UK: Tight timings imposed on insurers in the Pre-Action Protocol for Low Value Personal Injury (Employers' Liability and Public Liability) Claims
The Protocol applies to low value (£25,000 and under) personal injury employers' liability or public liability claims arising after 31 July 2013.
Its purpose is to ensure swift satisfaction of admitted claims while keeping costs low for all parties concerned.
Importantly, the Protocol applies to insurers as well as defendants and insurers are likely to receive Protocol claims notifications direct from claimants through the "Claims Portal". This is an online portal through which all parties to a Protocol claim must correspond, using email.
The Protocol lays out a three-stage claims handling process for admitted claims and imposes some tight deadlines. Any failure to comply with the deadlines can have adverse cost consequences for insurers.
Further details about the Claims Portal can be found here: www.claimsportal.org.uk
A full copy of the Protocol can be found here.
The Insurance Act 2015 (the "Act") comes into force tomorrow. It represents a fundamental departure from existing insurance law. The changes impact on a number of key areas which are...11 August 2016
The Supreme Court published two judgments on how dishonesty affects insurance claims before the end of the most recent Trinity term:10 August 2016