Aggregation in Professional Indemnity Insurance Policies
In this podcast episode, barristers David Halpern QC and Ben Elkington QC address aggregation clauses, when two or more claims are treated as a single claim, in professional liability insurance policies including solicitor’s insurance and other types of professional indemnity insurance.
This Episode focuses on aggregation clauses in professional indemnity insurance. It covers the aggregation provisions of the SRA Minimum Terms and Conditions, including in-depth analysis of three leading cases in this area: Lloyds TSB v Lloyds Bank (House of Lords, 2003), AIG v Woodman (Supreme Court 2017) and Baines v Dixon Coles & Gill (Court of Appeal, 2021). It also covers aggregation clauses in other types of professional indemnity insurance, with a detailed consideration of the decision in Spire Healthcare Ltd v RSA (Court of Appeal, 2022).
Related ExpertiseInsurance & Reinsurance