



Construction Professional Indemnity Insurance by Paul Reed
Construction Professional Indemnity Insurance by Paul Reed
Author | Paul Reed |
Publication Date | February 2018 |
ISBN | 9780414057562 |
Format | Hardcover |
Publisher | Sweet & Maxwell Ltd |
Winner of the 2019 British Insurance Law Association (BILA) annual book prize
The definitive practitioner reference for all those involved in construction projects, from contractors to employers, architects to insurance brokers, Construction Professional Indemnity Insurance is the definitive practitioner reference for all those involved in construction projects, from contractors to employers, architects to insurance brokers. These are the two titles that all construction insurance professionals require, as they cover the consequences of the Insurance Act 2015 and complement Construction All Risks Insurance.
- Covers all aspects of Professional Indemnity (PI) Insurance for construction professionals
- Uniquely covers the effect of the Insurance Act 2015, which will have come into force by August 2016
- Describes the nature of PI and the role of the construction professional in a construction project, including the regulatory requirements that necessitate PI
- Includes a focus on contract formation, with particular reference to the Insurance Act 2015
- Includes a practical guide to each part of a PI policy, from the basics of cover to all aspects of indemnity
- Discusses in detail and interprets the terms of construction PI policies giving expert advice and analysis for drafting the various clauses and describes the law behind it
- Explains how to file a claim, including a step-by-step overview of the process and potential issues.
- Includes analyses of how policies are affected in different jurisdictions, including Scotland, Commonwealth and U.S.A.
- Covers PI clauses as related to JCT, FIDIC and NEC contracts, providing relevance for both domestic and international construction projects
- Includes example policy clauses and other precedent materials for easy reference
- Builds on Paul Reed QC's practical and professional analysis, which has attracted a large following from the Construction All Risks Insurance industry because of his distinctive reading manner.
TABLE OF CONTENTS of Construction Professional Indemnity Insurance
- Construction Professional Indemnity Insurance
- Duties of Construction Professionals: General Principles
- Duties of Construction Professionals: Specific Duties
- The Placing and Formation of the Insurance Contract
- Misrepresentation, Fraud and the Duty of Good Faith
- Interim Insurance
- Basis of Cover
- The Scope of the Indemnity
- Cause of the Insured's Loss
- Ascertainment of Liability
- The Amount of the Indemnity
- Double Insurance
- The Construction of the Policy
- Clauses of the Risk: Standard Cover
- Terms on Claims and Occurrences
- Loss and Remedies
- Notification of Claims
- The Obligations of the Insured
- The Defence of Claims by Third Parties
- Limitation
- The Rights of Third Parties Against Insurers
- Conduct of Claims Involving Construction Professionals
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