Insurance and reinsurance

Thinking - Podcast

The insurance of Christmas

17 December 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this special Christmas episode Peter is joined by an ensemble cast of insurance experts to discuss the insurance of the core elements of Christmas, from the tree and the presents under it, to the turkey and wine enjoyed at the dinner table.

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Thinking - Blog

Lessons from on high revisited: What does the recent International Entertainment Holdings coverage decision teach us about the approach to mistakes in insurance policies previously explored in George on High?

Published on 13 December 2024. By Victoria Sherratt, Partner and James Adams, Senior Associate and Aimee Talbot, Knowledge Lawyer

How should an insurance policy be applied when something goes wrong with the drafting of its terms? This article considers two recent cases with contrasting outcomes in which this question was explored, namely George on High Ltd & Anor v Alan Boswell Insurance Brokers Ltd & Anor [2023] EWHC 1963 (GOH v Alan Boswell) and International Entertainment Holdings & Others v Allianz Insurance PLC [2024] EWHC 124 (Comm) (IEH v Allianz).

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Thinking - Publication

ML Covered - December 2024

Published on 06 December 2024. By Matthew Watson, Partner and Rachael Healey, Partner and Kim Wright, Senior Associate and Zoe Melegari, Senior Associate and Andrew Oberholzer, Senior Associate and Charlotte Bray, Associate

Welcome to the December edition of ML Covered, our monthly round-up of key events that are relevant for those dealing with Management Liability Policies covering D&O, EPL and PTL-type risks.

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Thinking - Publication

Insurance Bulletin - Hong Kong, Autumn 2024

Published on 04 December 2024. By Andrew Carpenter, Partner and Beverly Yee, Senior Associate and Heidi Ng, Associate

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Thinking - Blog

Is an insurer responsible for 'the same damage' as its insured?

Published on 19 November 2024. By Will Sefton, Partner and Head of the Lawyers Liability and Regulatory Group and Richard Seymour, Associate

Same Damage and Third Party Rights: unpacking Riedweg v HCC and the 2010 Act

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Thinking - Podcast

Navigating risk in the energy transition (With Joe Dutton)

07 November 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Joe Dutton, Energy Innovation Lead, at AXIS and in this episode they discuss a recent report Joe co-wrote, Navigating Risk in the Energy Transition.

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Thinking - Blog

The new Lithium-Ion Battery Safety Bill: where are we with legislation governing lithium-ion battery safety?

Published on 04 November 2024. By Jithma Rukunayake, Senior Associate and Andrew Roper, Partner and Aimee Talbot, Knowledge Lawyer

The new Lithium-Ion Battery Safety Bill underwent its first reading on 6 September 2024. We explain the aims of the bill and consider how it fits with the proposed Product Safety and Metrology Bill.

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Thinking - Publication

ML Covered - November 2024

Published on 01 November 2024. By Matthew Watson, Partner and Rachael Healey, Partner and Kim Wright, Senior Associate and Zoe Melegari, Senior Associate and Andrew Oberholzer, Senior Associate and Charlotte Bray, Associate

Welcome to the November edition of ML Covered, our monthly round-up of key events that are relevant for those dealing with Management Liability Policies covering D&O, EPL and PTL-type risks.

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Thinking - Podcast

The insurance of systemic risks (Trevor Maynard)

23 October 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Trevor Maynard, Senior Insurance Advisor at Insurtech Sotera and Vice Chair and Executive Director at Cambridge Centre for Risk Studies. In this episode they discuss systemic risks.

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Thinking - Publication

ML Covered - The Employment Rights Bill is here - what could this mean for employers?

Published on 23 October 2024. By Matthew Watson, Partner and Kim Wright, Senior Associate and Rachael Healey, Partner

Welcome to the third edition of ML Covered, our monthly round-up of key events that are relevant for those dealing with Management Liability Policies covering D&O, EPL and PTL-type risks.

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Thinking - Publication

ML Covered - October 2024

Published on 04 October 2024. By Matthew Watson, Partner and Rachael Healey, Partner and Kim Wright, Senior Associate and Zoe Melegari, Senior Associate and Andrew Oberholzer, Senior Associate and Charlotte Bray, Associate

Welcome to the third edition of ML Covered, our monthly round-up of key events that are relevant for those dealing with Management Liability Policies covering D&O, EPL and PTL-type risks.

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Thinking - Podcast

Sustainability and insurance (with Rachel Delhaise)

01 October 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Rachel Delhaise, Head of Sustainability at Convex Insurance. In this episode they discuss her role as Head of Sustainability and what that means for insurance.

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Thinking - Blog

Fixed recoverable costs: One year on

Published on 30 September 2024. By Chris Gower, Senior Associate and Gavin Reese, Partner, Head of Regulatory

1 October 2024 marks the one year anniversary of the implementation of the final Jackson reform: the biggest shake-up to civil costs in a decade. We consider the impact of the reforms and whether the predictions we made this time last year were right.

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Thinking - Publication

ML Covered - September 2024

Published on 11 September 2024. By Matthew Watson, Partner and Rachael Healey, Partner and Kim Wright, Senior Associate and Zoe Melegari, Senior Associate and Andrew Oberholzer, Senior Associate and Charlotte Bray, Associate

Welcome to the second edition of ML Covered, our new monthly round-up of key events that are relevant for those dealing with Management Liability Policies covering D&O, EPL and PTL-type risks.

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Thinking - Podcast

The use of AI in insurance (With Selim Cavanagh)

29 August 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Selim Cavanagh, Director at Mind Foundry, an organisation that advises insurers on how to make the most out of AI, which is the topic they discuss.

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Thinking - Publication

Product bulletin – August 2024

Published on 08 August 2024. By Gavin Reese, Partner, Head of Regulatory and Fiona Hahlo, Partner and Mamata Dutta, Partner and Elinor Sidwell, Associate and Andrew Martin, Associate and Rashna Vaswani, Associate

Welcome to the latest edition of our product law bulletin, this month we focus on: • Toy Stor-E.U. • Automated Vehicles Act comes into force • A new regime for Connectable Products • The UK sees new E. coli outbreaks • EU Product Liability Directive • EU proposes new template for product recall notices • Product Safety and Metrology Bill

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Thinking - Publication

ML Covered - July 2024

Published on 07 August 2024. By Matthew Watson, Partner and Rachael Healey, Partner and Kim Wright, Senior Associate and Zoe Melegari, Senior Associate and Andrew Oberholzer, Senior Associate and Charlotte Bray, Associate

Welcome to the first edition of ML Covered, our new monthly round-up of key events that are relevant for those dealing with Management Liability Policies covering D&O, EPL and PTL-type risks.

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Thinking - Blog

Right language, right place: What King Trader can teach us about the placement of language within insurance policy wordings

Published on 24 July 2024.

The recent High Court judgment of MS Amlin Marine NV on behalf of MS Amlin Syndicate AML/2001 -v- King Trader Ltd & others (Solomon Trader) [2024] EWHC 1813 (Comm) is the latest in a string of recent decisions that shine a light on the construction of insurance policy wordings.

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Thinking - Blog

"Let form follow function" in insurance policy drafting: Technip, Project Angel and … the Bauhaus?

Published on 24 July 2024.

The Bauhaus is a fascinating art movement that emerged in Germany from the dying embers of the first world war. Showing up in architecture and product design primarily, at its heart were the principles of simplicity and usefulness and the imperative to create beautiful things through purposeful utilitarianism. A now ubiquitous phrase, that is a lasting legacy of the Bauhaus, underpinning many fundamental design ideas is this: "let form follow function".

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Thinking - Podcast

The arbitration of insurance disputes (With Jonathan Wood)

17 July 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Jonathan Wood, President of the Chartered Institute of Arbitrators and fellow RPC lawyer. In this episode they discuss arbitration with a particular focus on insurance disputes.

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Thinking - Podcast

Northern Ireland and the art of dispute resolution (With Lord Peter Hain)

09 July 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Lord Peter Hain, former Secretary of State for Northern Ireland and member of Tony Blair and Gordon Brown's Government. In this episode they discuss Peter's involvement in the Good Friday agreement where a peaceful end to hostilities in Northern Ireland was successfully negotiated.

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Thinking - Blog

Compulsory mediation in small claims: a quick guide for the busy lawyer

Published on 28 June 2024. By Kirstie Pike, Partner and James Ainsworth, Senior Associate

A new pilot scheme requiring parties in money claims valued at up to £10,000 to take part in a compulsory free one-hour mediation appointment, provided by HMCTS' Small Claims Mediation Service – before the claim can then proceed to Court if no settlement is reached.

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Thinking - Podcast

5 things every insurance professional should do at the start of their career (With Samantha Lydon)

20 June 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Samantha Lydon, Founder of Empower Development, and in this episode they discuss the 5 things every insurance professional should do at the start of their career.

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Thinking - Publication

Navigating the digital shift: balancing efficiency and customer care in insurance brokerage

Published on 23 May 2024. By Kirstie Pike, Partner

Workflow and process efficiency is something that insurance brokers report as one of their main challenges year on year. As technology accelerates faster than ever before, using data and technology is critical to providing exceptional customer service and improving productivity, but what are the risks involved in automation?

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Thinking - Podcast

Rising to the challenge of social inflation (With Marc Adee)

22 May 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this 2 part series, Peter is joined by Marc Adee, CEO and Chairman of Crum & Forster to discuss social inflation the causes, challenges and consequences of it and the steps that can be taken to mitigate the challenges.

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Thinking - Blog

No bouncing back for directors

Published on 20 May 2024. By James Wickes, Partner and Adam Craggs, Partner and Catherine Zakarias-Welch, Knowledge Lawyer

Banned! Fraudsters! – Terms used by the Insolvency Service for directors who abused the government backed loan scheme which was put in place to help businesses struggling during the pandemic.

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Thinking - Publication

General Liability newsletter – May 2024

Published on 13 May 2024. By Gavin Reese, Partner, Head of Regulatory and Fiona Hahlo, Partner and Beth Lewis, Associate and Sally Lord, Knowledge Lawyer Manager

Welcome to the latest edition of our general liability newsletter, rounding up some of the key cases from the last few months.

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Thinking - Podcast

Star Wars special: The insurance of the Death Star

09 May 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode we are doing something a little different, Peter is joined by an ensemble cast of experts to answer the question, in the Star Wars universe, could the Death Star be insured, and if so, what policies would cover it.

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Thinking - Blog

Are you being smart with your connectable products?

Published on 26 April 2024. By Gavin Reese, Partner, Head of Regulatory and Andrew Martin, Associate

The growth of "smart" products that can connect to the internet has grown significantly over the past 10 years and the UK government estimate that there could be 50 million connectable products worldwide by 2030, and on average there are currently 9 in each UK household.

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Thinking - Podcast

Insurance as a force for good (With Rowan Douglas)

25 April 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Rowan Douglas, CEO of Climate Risk and Resilience at Howden. In this episode they discuss the role insurance has to play in building resilience in the face of climate change.

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Thinking - Publication

Source@RPC – April 2024

Published on 15 April 2024. By Mark Crichard, Partner and Nigel Wilson, Of Counsel and Jonathan Greenway, Senior Associate

The aim of Source@RPC is to provide lawyers, procurement professionals and CIOs/CTOs (amongst others) with a regular update on the legal implications and risks (and how best to manage them) of sourcing and utilising technology and outsourced technology-enabled services, as they affect businesses operating in the insurance and financial services sector.

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Thinking - Podcast

Insurance as the great enabler (Dr Franziska Arnold Dwyer)

10 April 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Dr. Franziska Arnold Dwyer. In this episode they discuss her new book, Insurance, Climate Change and the Law, which among other things looks at insurance as the great enabler for change.

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The 5 secrets to handling large claims (With Sarah Howell)

26 March 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Sarah Howell, Claims Manager at Liberty Specialty Markets, and the topic for discussion is the 5 secrets to handling large claims.

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Thinking - Blog

Asbestos update: "implausible" deniability

Published on 14 March 2024. By Thom Lumley, Partner and Chris Gower, Senior Associate

The recent case of Evans v Secretary of State for Health and Social Care, follows the trend of low exposure asbestos cases being defendable, when many feared that the 2018 case Bussey v Anglia Heating Ltd made that near on impossible.

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Thinking - Podcast

The birth of an MGA (With James Sterling & Charles Boorman)

14 March 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by two guests, Charles Boorman, CEO and James Sterling, Head of Claims, at Kayzen Specialty a new MGA, and in this episode we discuss the story of how Kayzen was formed.

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Thinking - Blog

Rise with RPC: Tips for developing your insurance network

Published on 13 March 2024. By Ella Crawley, Senior Associate

In the aftermath of the "Rise with RPC" event, we're immensely grateful to everyone who joined us, contributing to the dynamic exchange of ideas on "Building your insurance network." Here’s a distilled version of the top tips shared, each designed to be an actionable takeaway to apply in your professional journey.

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Thinking - Podcast

On being the Director General of the ABI (With Hannah Gurga)

28 February 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Hannah Gurga, Director General of the ABI, and they will be discussing Hannah's role at the ABI.

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Thinking - Blog

Finding joy in your job: insights from FIG's latest panel

Published on 26 February 2024. By Alexandra Anderson, Partner

On 21 February, RPC's inclusive insurance network, FIG, reconvened for a notable panel discussion, shedding light on the theme of "Finding joy in your job."

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Thinking - Blog

In the familiar, lies the unseen

Published on 23 February 2024. By Tom Scanlon, Trainee Solicitor

We like to look at boilerplate language with fresh eyes and so taking the recent case of Dassault Aviation SA v Mitsui Sumitomo Insurance Co Ltd [2024] EWCA Civ 5 as a jumping off point, we consider the potential tensions, hidden to some extent in plain sight, between anti-assignment and subrogation rights and the take aways for those drafting insurance policy wordings.

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Thinking - Blog

How should Financial Institutions manage the rise of non-financial misconduct?

Published on 19 February 2024. By James Wickes, Partner and Amber Slumbers, Associate

Over the last few months, Parliament's Treasury Committee has sought to examine the many barriers faced by women in financial services through the aptly named "Sexism in the City" inquiry.

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Thinking - Publication

Source@RPC - February 2024

Published on 19 February 2024. By Mark Crichard, Partner

The aim of Source@RPC is to provide lawyers, procurement professionals and CIOs/CTOs (amongst others) with a regular update on the legal implications and risks (and how best to manage them) of sourcing and utilising technology and outsourced technology-enabled services, as they affect businesses operating in the insurance and financial services sector.

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Thinking - Podcast

A look at kidnap and ransom insurance (with Charlie Hanbury)

12 February 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Charlie Hanbury, CEO of Samphire MGA, and in this episode they will be discussing all things K&R, that's kidnap and ransom insurance.

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Thinking - Publication

Hurricane Otis Acapulco

Published on 09 February 2024. By Alex Almaguer, Partner and Head of Latin America and Chris Burt, Senior Associate and Martin Jimenez Bonola, Associate

Acapulco, one of the main tourist destinations in Mexico, suffered extensive damage from Hurricane Otis (category 5) when it struck on Wednesday, 25 October 2023.

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Thinking - Blog

Quid game – fixed costs; pick your battles

Published on 30 January 2024. By Thom Lumley, Partner and Chris Gower, Senior Associate and Sally Lord, Knowledge Lawyer Manager

Ordinarily, the claims that make the headlines are those that have the highest value or the most significant impact on the public. With the costs landscape ever-changing in civil claims, without careful planning and strategy, even modest claims can end up biting defendants in the longer-term.

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Thinking - Podcast

Moral hazard: the dark heart of insurance (With Robert Hartwig)

24 January 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Robert Hartwig, Associate Professor of Finance at the University of South Carolina. In this episode they discuss the concept of moral hazard in insurance.

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Thinking - Blog

Castle caper condoned? Court of Appeal rules on dishonest condonation and aggregation under solicitors policy in Discovery Land v AXIS

Published on 17 January 2024. By Graham Reid, Partner and Will Sefton, Partner and Head of the Lawyers Liability and Regulatory Group and Aimee Talbot, Knowledge Lawyer

On 15 January 2024 the Court of Appeal handed down judgment in Discovery Land Company LLC and others v Axis Specialty Europe SE [2024] EWCA Civ 7. The case concerns the ability of a solicitors’ insurer to decline cover for a claim on grounds of dishonesty and, in particular, the meaning of “condonation” of dishonesty. It also concerns how the aggregation clause operates in a solicitors’ professional indemnity insurance policy.

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Thinking - Podcast

The insurance of coral reefs (With Sarah Conway)

08 January 2024

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Sarah Conway who is a Director in WTW’s Disaster Risk, Finance & Parametrics team, leading the Ecosystem Resilience practice. In this episode we discuss insurance of coral reefs and climate finance.

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Thinking - Blog

The Terminator: A Tale of Two Insurance Claims

Published on 19 December 2023. By Peter Mansfield, Partner

It is 2029, and the Machines are losing their war with Humanity. What to do?

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Thinking - Podcast

100th Episode Special: On Being the Chairman of Lloyd's of London (With Bruce Carnegie-Brown)

19 December 2023

Welcome to Insurance Covered, the podcast that covers everything insurance. In this special episode Peter is joined by Bruce Carnegie-Brown and they discuss his role as the Chairman of Lloyd's.

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Thinking - Publication

Source@RPC - December 2023

Published on 12 December 2023. By Mark Crichard, Partner

The aim of Source@RPC is to provide lawyers, procurement professionals and CIOs/CTOs (amongst others) with a regular update on the legal implications and risks (and how best to manage them) of sourcing and utilising technology and outsourced technology-enabled services, as they affect businesses operating in the insurance and financial services sector.

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