This website uses cookies. Set Up Cookie preferences or Accept cookies (and hide this message)

Latest News

Contact Chambers

4 New Square
Lincoln's Inn
London, WC2A 3RJ

Tel: +44 20 7822 2000
DX: 1041 London Chancery Lane

Email us
View location map

Latest News

Aggregation Clauses in Insurance Policies: AIG v Woodman

Date: 22/03/2017

The Supreme Court handed down judgment in AIG Europe Limited v Woodman (and other Respondents) [2017] UKSC 18 on 22 March 2017. Peter Morcos and Ben Lynch, led by Colin Edelman QC, appeared for the successful appellants, AIG.

The case is a landmark decision in the sphere of professional indemnity insurance, and the first case before the Supreme Court concerning aggregation clauses since the House of Lords decision in Lloyds TSB General Holdings v Lloyds Bank Group Insurance Co Ltd [2003] Lloyd’s Rep IR 623.

The Supreme Court overturned the Court of Appeal’s finding that on the true construction of the SRA minimum terms and conditions “a series of related matters or transactions” required an “intrinsic” relationship. The Supreme Court found that the term related simply meant that there must be some inter-connection between the matters or transactions.

For a full analysis of the decision, please click here to read a note by Peter Morcos.

Related Barristers

Related Practice Areas