Claims Against Insurance Brokers

Our expert team of professional negligence solicitors are experts in claims against insurance brokers. 

Insurance Brokers have a duty of care

Insurance Brokers usually have a duty to you to seek out the best possible insurance policies which meet all of your specific needs and concerns, to advise you accordingly on all matters relating to the policy, and to ensure that the policy is worded correctly to match your requirements. Failure to do so can leave you in a vulnerable position and open to substantial financial losses. This same duty applies not only upon your initial placement of insurance, but then continues with every renewal that comes afterwards.

Sometimes, an Insurance Broker may actually disclose more information to an Insurer than they are required to by law. If this happens, and you instead receive an offer of insurance on less favourable terms, or perhaps have been unable to obtain insurance cover altogether, then you may have claim.

We understand the responsibilities of all parties involved in insurance and can normally readily identify whether a party has failed in their duties.

Our team of experienced professional negligence lawyers are well versed in dealing with multi-party litigation involving both Insurers and Insurance Brokers and can offer informed and practical legal advice with regards to such claims.

Free Initial Consultation

If you feel you have been given negligent advice in respect of your insurance, please contact our specialist professional negligence team now. We have considerable experience acting for clients in claims against insurance brokers for negligent advice in relation to various insurance policies.

Following an initial consultation we can advise you of the next steps we consider are appropriate in your circumstances. We can make a request to the broker or insurer, for information about your policy(ies) and the advice you were given. This may show that the advice they gave was insufficient or bad advice which may then enable you to bring a claim for compensation.

Limitation

There are time limits to bring a professional negligence claim. You have 6 years from the act of negligence or 3 years from the date of knowledge to start court proceedings for a claim for professional negligence. The test for ascertaining the date of knowledge is when a reasonable person ought to have realised that there was a risk that negligence had occurred. There is a long stop date of 15 years from the act of negligence after which a claim may not be brought regardless of the date of knowledge. If you do not bring your claim in time, then your claim will usually be lost forever.

Funding Your Claim

We offer a number of options to fund professional negligence claims including Conditional Fee Agreements and fixed fees.

See If You Can Claim Now

To discuss whether you may have an insurance broker claim, simply call our specialist professional negligence solicitors on 0330 134 2582,  e-mail us at enquiry@sethlovis.co.uk  or submit an online enquiry form.