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Topic Modernisation of the London Insurance Market: Harnessing Electronic Communications in Support of Placement

Date / time
16/06/2017
1:00 pm


Abstract: In recent years, the London Insurance Market has seen a drive towards modernisation, with an aim to maintain the market’s competitiveness while at the same time increasing contract certainty for insurers and assureds alike. Within this context, the market has sought to harness electronic communications to support the placement process and maintain, throughout the placement period, an up-to-date record of discussions and negotiations. The most recent development in this regard, the PPL, has the potential to be a very significant step towards this objective. This lecture will examine the potential legal implications of these developments for the law relating to insurance contracts.

Bio: Dr Miriam Goldby is Reader in Shipping, Insurance and Commercial Law at the Centre for Commercial Law Studies (CCLS) at Queen Mary University of London (QMUL), director of Centre’s LLM in International Shipping Law in London, of its Dual LLM in Commercial Law (Singapore and London) offered in association with Singapore Management University and of the School of Law’s MA in Law by Research. She is also Deputy Director of the Centre’s Insurance Law Institute and Deputy Editor of the British Insurance Law Association Journal. Prior to joining Queen Mary, Miriam conducted research as a Visiting Scholar at George Washington University in Washington DC, USA. Between September 2007 and December 2010 she held a lectureship post at the University of Surrey where she taught Contract Law, Commercial Law and Banking Law. She read for her PhD degree at University College London where she also held the post of teaching fellow between January 2004 and August 2007, and taught on the LLM Banking Law and LLM International Trade Law courses. She has published extensively on various areas of commercial and financial law. Since November 2012 she has participated in the work of UNCITRAL’s Working Group IV (Electronic Commerce) as delegate and as a member of the Experts Group and contributed to the drafting of an instrument on Electronic Transferable Records. She is the author of Electronic Documents in Maritime Trade: Law and Practice (OUP, 2013).

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