Our November 2022 Risk Update reported on the important decision in Royal & Sun Alliance Insurance Ltd [2022] EWHC 2589 (Comm) in which Northern Irish solicitors succeeded in a claim for indemnity from insurers in respect of claims for reimbursement of fees received. Permission to appeal has now been granted to insurers on the issue of what constitutes an insured loss: Royal & Sun Alliance Insurance Ltd [2022] EWHC 2825 (Comm).
The outcome of the appeal will be awaited with considerable interest, as it is an issue we have encountered on several occasions when advising on insurance coverage disputes arising from activities of rogue partners.
For advice on professional indemnity insurance coverage disputes contact [email protected].
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