Brokers – The Marine Peril of Not Knowing the Market

more+
less-

Two recent cases have highlighted the need for brokers to be familiar with the nature of their client’s business and the limits and exclusions of marine insurance products on the market. In both of these cases, the broker was found to have failed to have proper regard for these matters and held liable for the uninsured losses.

LOADING PDF: If there are any problems, click here to download the file.