In Part One of this series on Insurance Broker Negligence, we discussed the duties owed by an insurance broker to their clients, the insurer and their parties. In Part Two, we will be examining the standard of care required by an insurance broker when exercising his or her duties.
To do this, we will examine the standards set out by the judiciary in case law, and also the requirements of the Financial Conduct Authority (FCA) who have been regulating insurance brokers since 2005. [Read More...]