Full Description
The only book dedicated exclusively to the law affecting insurance brokers and their relationship with clients, agents, and third parties. This leading resource has been comprehensively updated to reflect the regulatory and legislative changes to the industry. It offers practical legal solutions to the day-to-day problems encountered by brokers, as well as clarifying the key principles and terms of insurance contracts.
Contents
Part 1 Agency; 1 The features of an insurance broker; 2 Relationship between principal and broker; 3 Relationship between principal and third parties; 4 Relationship between agents and third parties;Part 2 The contract of insurance; 5 Principles of insurance; 6 Formation of the contract; 7 The classification and interpretation of terms in a contract of insurance; 8 The premium; 9 The claims process; 10 Accounting; 11 The broker#s professional liability to the insured; 12 Insurance at Lloyd#s of London; 13 Reinsurance; 14 Choice of law and jurisdiction; 15 Regulation of insurance brokers
