Related insights: Insurance

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The post-pandemic hybrid workplace and increased cyber risks

20 Jul 2021
The pandemic has marked a turning point in cybersecurity and law firms are a significant and growing target of cybercriminals. With many firms adopting a new permanent "hybrid" working system we consider the risks, how PII policies might respond to a cyber claim and what changes may lie ahead.
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SAAMCo regenerated… (again)

28 Jun 2021
Has there ever been a principle talked, written and argued about amongst Judges and practitioners alike since the House of Lords decision over 25 years ago? Following our article in September 2020 addressing the Court of Appeal's application of the SAAMCo principle in AssetCo v Grant Thornton, the Supreme Court judges have recently had even more to say regarding the application of SAAMCo in professional negligence cases. 
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Solicitors' negligence – when is it too late to claim?

20 May 2021
Whether a claim is time-barred is one of the first issues to consider in defending professional negligence claims. The fact that a professional has concurrent duties in contract and tort each with different limitation periods means that claimants can rely on whichever duty has the best outcome for them.
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Professional negligence – insurance brokers in the firing line again?

10 Mar 2021
The Commercial Court's decision in ABN Amro Bank NV v Royal & Sun Alliance Insurance plc [2021] EWHC 442 (Comm) makes for a sobering read for insurance brokers and cargo insurers. Insurers and insurance brokers involved were held liable for losses of some £33.5 million in circumstances where the cover claimed had no precedent in the market.
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Transport operators and COVID-19 one year on: a new wave of litigation?

19 Feb 2021
In June last year, we published an article on managing the risk of injury claims in light of COVID-19 and the enhanced workplace practices for employers in the public transport industry. We are now nearly 12 months on from the start of the pandemic and, while the majority of the population is still living under tight restrictions, the vaccine roll-out has provided us with the very much needed light at the end of the tunnel. Transport operators are now able to begin to plan for the future with greater certainty and work on a road map back to full operability.
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BI Insurance claims: what happens next?

28 Jan 2021
Following a "leapfrog" appeal, the Supreme Court handed down a landmark judgment on 15 January 2021 on how non-damage business interruption insurance (BI) policies should respond to claims arising out of the COVID-19 pandemic. The judgment represents a significant victory for insureds: BI cover is available under most of the policies considered. It is important to flag, however, that most SMEs holding traditional BI policies which respond to claims arising out of physical loss or physical damage will not benefit from this judgment. We consider the implications of the judgment and what happens next.
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WBD advise on part VII transfer of Arch Insurance EEA business

04 Jan 2021
WBD has advised on the Part VII transfer to Arch Insurance (EU) dac of insurance business carried on by Arch Insurance (UK) Limited (excluding inwards reinsurance business) within the European Economic Area. This took effect on 31 December 2020, following the receipt of sanction from the High Court on 18 December 2020.

Claim trends against solicitors in the pandemic

05 Nov 2020
As we begin a second national lockdown, the challenges facing law firms have not abated. The pandemic has been a real test of law firm's IT systems, business resilience and business continuity plans. Vulnerabilities in these areas will be the primary source of COVID-19 related professional indemnity claims against solicitors but rapid changes in some practice areas bring further risks and challenges. We examine the risks and assess how the pandemic has impacted claim trends against solicitors.