Blog: How liable are brokers under Covid-19?

head-in-hands

Tim Bull and Richard Booth of RPC discuss whether claims may be brought against brokers for providing inadequate advice under the Covid-19 pandemic.

The last weeks have challenged all of us as individuals but also as professionals. The insurance industry and those working in it have been placed under increased public scrutiny.

For insurance brokers, pressures include helping clients navigate their way through a Covid-19 headwind of insurance companies declining cover for Covid-19 related losses and a host of newly drafted communicable disease exclusions now being inserted into standard policy wordings across a range of lines of insurance.

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Market Movement Index: should I stay or should I go?

New research from analyst Broker Insights shows there is plenty of commercial policy movement – particularly in lower premium classes – which indicates strong competition and adequate capacity. But do brokers agree? Rachel Gordon reports.

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