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Insurance Business | 15 Mar 2013, 12:00 AM Agree 0
Lawyers yesterday said the incoming unfair contract terms legislation could burden brokers, but intermediaries believe the outcome could be positive for them and their clients.
  • David | 15 Mar 2013, 04:15 PM Agree 0
    An unwanted side effect may be that U/W's will also withdraw liability cover where say products liability wasn't available due to the risk exposure, resulting in the client having no alternative available or being faced with a huge premium increase. On the flipside it could also level the playing field for those clients if the only reason that they were not taking full cover was to keep their expenses in line with their un-insured competitors.
  • Ken Killen | 15 Mar 2013, 04:22 PM Agree 0
    I hope the new laws re unfair contracts extends to include Venue Hire Agreements.
    Some of the clauses my Event & Entertainment clients are asked to agree to are unconscionable !
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