The Law of Insurance Broking and Insurance Brokerage Firms

Omtale

Insurance brokers play a vital role in the insurance market by matching the assured's needs with insurers’ products. They may also act in other capacities such as, producing broker, placing broker, or even underwriting agents.This book introduces the professional activities that a broker undertakes on a daily basis and outlines the scope of duties they owe to the assured and insurers when playing different roles. It covers:the scope of the insurance broker’s dutiesrelevant compliance issuesthe lifecycle of an insurance policyInsurance Act 2015, IMD II and Solvency II legislationEU laws regulating insurance brokeragethe latest case law and regulator's decisionsThis book is a detailed and practical guide, and as such will be an essential reference for insurance broking professionals, compliance officers in insurance brokerage firms and legal practitioners involved in insurance and reinsurance.