Our speaker is David Kendall, a partner at Cooley (UK) LLP, a member of the BILA Committee, and Visiting Professor in the Centre for Commercial Law Studies, Queen Mary University of London. David will be speaking about Delegated Authority Underwriting.
The London market is increasingly generating new business through delegated authority underwriting, whether by way of binding authorities, broker facilities, lineslips or consortia. This talk will look at:
- the way in which these arrangements are structured,
- the issues of authority, duty of care, and reinsurance,
- the impact of the Insurance Act 2015, and
- the effect of the expiry of the Insurance Block Exemption Regulation on 31 March 2017.