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The legal position of marine insurance brokers in a changing environment. / Christos Tsibourakis

Swansea University Author: Christos Tsibourakis

Abstract

This research is focused on the position of a marine insurance broker in a changing environment. As a result of a number of recent cases, the obligations of the broker have been made more onerous and this constitutes a significant departure from the previously obtaining legal position. The thesis ex...

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Published: 2002
Institution: Swansea University
Degree level: Master of Philosophy
Degree name: M.Phil
URI: https://cronfa.swan.ac.uk/Record/cronfa42606
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last_indexed 2019-10-21T16:48:08Z
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spelling 2018-08-16T14:39:02.9105634 v2 42606 2018-08-02 The legal position of marine insurance brokers in a changing environment. 1f8579dcdf06bc39f2ae46fba5e24e61 NULL Christos Tsibourakis Christos Tsibourakis true true 2018-08-02 This research is focused on the position of a marine insurance broker in a changing environment. As a result of a number of recent cases, the obligations of the broker have been made more onerous and this constitutes a significant departure from the previously obtaining legal position. The thesis examines the major obligations of the marine insurance broker in the context of these developments and against the backdrop of other changes in the industry's self-regulating mechanisms. In chapter 1 some aspects of Lloyd's organisation are examined like the monitoring and the investigations and regulatory proceedings. Very relevant is also chapter 2. This is dedicated to the latest developments in respect of the position of brokers. The introduction of the General Insurance Standards Council reform is one of the factors that make the whole area a changing environment. In Chapter 3 the role of brokers is examined; aspects of both insurance and reinsurance are dealt with. In the part dedicated to premium the recent change by the Lloyd's Insurance Broker's Committee according to which a broker will not be held liable in respect of a premium when there is no fault on his part is discussed. The last part is about liens. Very important are chapters 4-6, which are dedicated to the duties of insurance brokers, the duty of the utmost good faith and the issue of proposals, slips, policies and renewals. Chapters 7 deals with binding authorities and other special arrangements. Chapter 8 relates specifically to the liabilities of insurance brokers and examines generally their legal obligations. In chapters 4 and 8 very significant case law is discussed in relation to the duties that a broker may owe towards his principal or other parties. Chapter 9 contains the conclusion. E-Thesis Law. 31 12 2002 2002-12-31 COLLEGE NANME Law COLLEGE CODE Swansea University Master of Philosophy M.Phil 2018-08-16T14:39:02.9105634 2018-08-02T16:24:29.8213987 Faculty of Humanities and Social Sciences Hilary Rodham Clinton School of Law Christos Tsibourakis NULL 1 0042606-02082018162507.pdf 10805364.pdf 2018-08-02T16:25:07.7130000 Output 7577215 application/pdf E-Thesis true 2018-08-02T16:25:07.7130000 false
title The legal position of marine insurance brokers in a changing environment.
spellingShingle The legal position of marine insurance brokers in a changing environment.
Christos Tsibourakis
title_short The legal position of marine insurance brokers in a changing environment.
title_full The legal position of marine insurance brokers in a changing environment.
title_fullStr The legal position of marine insurance brokers in a changing environment.
title_full_unstemmed The legal position of marine insurance brokers in a changing environment.
title_sort The legal position of marine insurance brokers in a changing environment.
author_id_str_mv 1f8579dcdf06bc39f2ae46fba5e24e61
author_id_fullname_str_mv 1f8579dcdf06bc39f2ae46fba5e24e61_***_Christos Tsibourakis
author Christos Tsibourakis
author2 Christos Tsibourakis
format E-Thesis
publishDate 2002
institution Swansea University
college_str Faculty of Humanities and Social Sciences
hierarchytype
hierarchy_top_id facultyofhumanitiesandsocialsciences
hierarchy_top_title Faculty of Humanities and Social Sciences
hierarchy_parent_id facultyofhumanitiesandsocialsciences
hierarchy_parent_title Faculty of Humanities and Social Sciences
department_str Hilary Rodham Clinton School of Law{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}Hilary Rodham Clinton School of Law
document_store_str 1
active_str 0
description This research is focused on the position of a marine insurance broker in a changing environment. As a result of a number of recent cases, the obligations of the broker have been made more onerous and this constitutes a significant departure from the previously obtaining legal position. The thesis examines the major obligations of the marine insurance broker in the context of these developments and against the backdrop of other changes in the industry's self-regulating mechanisms. In chapter 1 some aspects of Lloyd's organisation are examined like the monitoring and the investigations and regulatory proceedings. Very relevant is also chapter 2. This is dedicated to the latest developments in respect of the position of brokers. The introduction of the General Insurance Standards Council reform is one of the factors that make the whole area a changing environment. In Chapter 3 the role of brokers is examined; aspects of both insurance and reinsurance are dealt with. In the part dedicated to premium the recent change by the Lloyd's Insurance Broker's Committee according to which a broker will not be held liable in respect of a premium when there is no fault on his part is discussed. The last part is about liens. Very important are chapters 4-6, which are dedicated to the duties of insurance brokers, the duty of the utmost good faith and the issue of proposals, slips, policies and renewals. Chapters 7 deals with binding authorities and other special arrangements. Chapter 8 relates specifically to the liabilities of insurance brokers and examines generally their legal obligations. In chapters 4 and 8 very significant case law is discussed in relation to the duties that a broker may owe towards his principal or other parties. Chapter 9 contains the conclusion.
published_date 2002-12-31T03:53:17Z
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score 11.028798

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