Commercial

A few basic fraud provisions

Brokers need to keep on their toes as their role in the provision of evidence is set to become more important after the House of Lords' decision in Medcalf.

On the list?

Under-insuring a listed property can lead to legal action, so a correct valuation is essential. Matthew Mullee says brokers must build up a specialised knowledge of the property and the specifics of its listed status.

Getting out of a costly run-off PI agreement.

Q: I sold my brokerage three years ago with a stipulation in the sales contract that I would take out run-off professional indemnity cover for seven years. This is proving costly. Can I get out of the contract?

The heat is on.

A proposed shake-up of company law could make it easier to successfully sue directors. This means they can no longer afford to be lax in their attitude to directors and officers cover, argues Gary Meggitt.

Appointment at MMA.

Paul Price has joined MMA as a field sales representative for London, East Anglia and South-east Eng...

Appointment at MMA.

Daniel Andrews has been appointed by broker-only insurer MMA as travel manager, underwriting. He has...

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