Third Parties (Rights Against Insurers) Act & Insolvency - The Key Issues

Introduction

The Third Party (Rights Against Insurers) Act 2010 allows an injured third party to recover directly from the insurer of an insolvent party against which it has a claim.

This crucial piece of legislation simplifies the recovery process and allows third parties to make a recovery outside the insolvency process.

This virtual classroom seminar will consider the extent and limitations on a claimant's rights under the Act, as well as the rights and obligations imposed on insurers by the legislation.

What You Will Learn

This live and interactive session will cover the following:

• How the Act operates in the context of an insolvency
• The steps to be taken by a third party who wishes to bring a claim under the Act
• The obligation on insurers to provide information about relevant insurance policies
• The limitations on a third party’s right of recovery
• Insurers' rights of set-off and their available defences

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.