This practical session will look at:
• The duties of the parties pre-contract and how a policyholder can best protect itself
• The different remedies available to insurers in the event of a breach of the duty of fair presentation
• How policy terms are categorised and what impact this has in the event that they are breached
• What rights does an insured have in the event of late payment of an insurance claim
By the end of the session, you will be able to:
• Identify the requirements imposed on an insured by the duty of fair presentation
• Understand the remedies available to insurers for breach of the duty of fair presentation
• Identify different policy terms and know the effect of their breach
Speakers:
Fiona Treanor, Partner, Herbert Smith Freehills, and Rachelle Waxman Sacks, Senior Associate, Herbert Smith Freehills