ACIS Co-founders finalise third edition of Professional Indemnity Insurance Law
ACIS Co-founders Dr Ian Enright and Professor Robert Merkin KC have finalised the third edition of longstanding publication Professional Indemnity Insurance Law (published by Sweet & Maxwell / Thomson Reuters in December).
Cited in courts and leading commentaries in Australia and in the United Kingdom, Professional Indemnity Insurance Law takes an analytical and solutions-based approach to explain the extent to which professionals are covered for different liabilities. The second edition was awarded the 2008 British Insurance Law Association Book Prize and was described as “the most notable contribution to literature in the field of law as it affects insurance”.
Following their collaboration on the fourth edition of Sutton on Insurance Law, Dr Enright and Professor Merkin KC have now completed a significant update and substantial restructure of Professional Indemnity Insurance Law. The new edition provides commentary on key cases and the evolving law, and continues and enhances the previous editions’ consideration of relevant clauses from modern and traditional policy wordings.
Overview
- Part One focuses on the law affecting professional indemnity insurance – both pre-contract and contract. It examines the relationship among professions and breaks down key contractual principles and terms including utmost good faith, risk, representations, premiums and the period.
- Part Two deals with the triggers and covers in a professional indemnity insurance. It covers the main coverage elements necessary in a professional indemnity insurance and to establish a claim, including chapters on third party loss, cause of action, remedies and ascertainment of the assured’s loss.
- Part Three concludes with consideration of claims, illegality and misconduct, and the indemnity and other benefits an insurer provides to an assured in relation to a claim.
For more details on the publication, see the Thomson Reuters page.
About the authors
Dr Ian Enright is a lawyer, academic and author who was an independent expert and insurance adviser to the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. He was awarded the 2008 British Insurance Law Association Book Prize for the second edition of Professional Indemnity Insurance Law, which was described as “the most notable contribution to literature in the field of law as it affects insurance”. He advises government, regulators and insurance industry bodies on regulation and policy matters.
Professor Robert Merkin KC is an international authority on insurance and re-insurance law with a long history of teaching and advising. He is Professor of Commercial Law at the Universities of Reading and Exeter in England, and Distinguished Professor in the School of Comparative Law at the China University of Politics and Law in Beijing.