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HLB Kidsons (a firm) v Lloyd?s Underwriters subscribing to Policy 621/ PKID00101 and others; [2008] WLR (D) 344

“Where a professional indemnity insurance policy required the insured to notify to the insurers of any potential claims against the insured ‘as soon as practicable’ the insured could satisfy the policy requirement if he made an attempted notification of circumstances which might give rise to a claim for professional negligence, which was understood by the underwriters to be such and which was made within the insured period. However, a notification served after the policy had expired relating to new potential claims was not an effective notification.”

WLR Daily, 6th November 2008

Source: www.lawreports.co.uk

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