Welcome to 20 Essex Street’s first Insurance Case Update which will be published on a quarterly basis. These updates are aimed at highlighting interesting developments in case law relevant to insurance and reinsurance practitioners.
In this Insurance Case Update, Susannah Jones looks at the decision in Axa Corporate Solutions Assurance S.A. v Weir Services Australia Pty Limited, in which Alexander Layton QC of 20 Essex Street acted for the defendant. The case raises interesting jursidictional points regarding global and local insurance policies.
Tom Leary examines AIG Europe Ltd v OC320301 LLP, an appeal against a decision of Teare J as to the meaning of an aggregation clause applicable to all solicitors’ indemnity policies.
Lastly, Alexander Thompson looks at Personal Touch Financial Services Ltd v (1) SimplySure Ltd and (2) Usay Business Ltd, which touches on points relating to the scope of the regulated activity of introducing agents, and the interpretation and operation of representative agreements between insurers and agents.