In this first episode of our new series, Conversations in Professional Liability, barristers Jamie Smith KC, Clare Dixon and Anthony Jones explain the insurance cover solicitors are required to obtain (minimum term insurance) and look at the types of claim are covered and which are not. They explain how claims attach to a policy, whether multiple claims can be aggregated and the consequences if they are not.
Cases and regulatory material referred to in this episode:
- SRA Indemnity Insurance Rules
- SRA’s Minimum Terms and Conditions
- AIG Europe Ltd v OC320301 LLP [2017] UKSC 18, [2017] 1 WLR 1168
- Baines v Dixon Coles & Gill (A Firm) [2021] EWCA Civ 1211, [2022] 2 All ER 1032
- Royal & Sun Alliance Insurance Ltd v Tughans (A Firm) [2022] EWHC 2589
- Discovery Land Co LLC v Axis Specialty Europe SE [2023] EWHC 779
