Professional Negligence against Financial Practitioners
This, more than any other, is an area governed by regulatory bodies and rules in addition to the general law relating to professionals.
Negligence and breach of agreement are only two of the ways to establish liability without considering the practitioner’s regulatory duties which may give rise to statutory liability.
Insurance brokers are liable to their clients in a whole host of ways, for example, by:
i) Failing to effect insurance;
(ii) Effecting insurance which does not meet the clients requirements;
(iii) Failing to act with reasonable speed;
(iv) Failing to disclose material factors to the insurers or misrepresenting those facts to them; or
(v) Failing to give the client proper advice or failing to keep the client properly informed.
For help and assistance on queries relating to professional negligence against financial practitioners, contact our professional negligence team on 0161 832 6131 or get in touch by filling out one of our online enquiry forms.
if you have any other queries relating the professional negligence please visit our Professional Negligence page.