Insights & Events
Garcia & Partner Associates is a law firm dedicated to acting for insurance policyholders, and just that.
We aim to provide thought leadership when it comes to protecting policyholder’s interests. We are delighted to explore opportunities to give individually tailored insight to clients and contacts.
Insight: Cyber Cover
Cyber Insurance – getting to grips with the challenge
Cyber risk is real
Cyber breaches unfold within the hyper real time of our globally networked environment.
Your entire businesses can freeze in an instant, its revenue streams stopped dead.
Your customers, used to everything “on demand”, may walk away if you don’t fix things fast.
Your regulators will demand instant responses to leaks of confidential information.
Insight: Policy Drafting
Modifying your Insurance Policy language to keep it Fit for Purpose
Much of the discussion of the Insurance Act 2015 (“the Act”) might have been designed to induce complacency in policyholders, especially when it comes to navigating the infamously treacherous waters of pre-contractual disclosure. No longer, some have argued, will policyholders be held hostage to “technical” breaches of those hard to fathom rules.
Some quick checks that may help improve your insurance covers
Here are some easy questions to ask about your insurance covers. The answers to them may give you the opportunity to ask for better cover at no additional cost. This is because all you will be asking for is that the policy language clearly reflects what, in all fairness, ought to be the intent of the cover. There should be no additional charge for a policy wording that is fit for purpose.
Innocent non-disclosure/anti-avoidance clauses – still fit for purpose?
The Insurance Act 2015 is supposed to make it more difficult for insurers to avoid policies. This is particularly good news for those insureds whose policies also say that insurers will not avoid the policy unless the insured has been guilty of some form of misconduct in the disclosure process. Those lucky insureds will consider themselves doubly protected. However, that double protection may not work if the drafting of the policy has not recognised the innovations of “the duty of fair presentation”.Read More
Insight: Insurance Act 2015
The Reasonable Search
The Insurance Act 2015 (“the Act”) makes a serious effort to mitigate the risk of policies being avoided by way of “technical” breaches of the insured’s obligation to give pre-contractual disclosure. But any new framework comes with a price: in this case opportunities for insurers to work within that new framework to create new arguments for avoiding policies and refusing to pay claims.
Identifying the “Insured”
Why it matters
“The [Marine Insurance Act 1906] is written in clear, forthright terms which can constrain the courts’ ability to develop the law.”
This criticism was made in the “Explanatory Notes” provided to members of the House of Lords when scrutinising the Insurance Bill which became the Insurance Act 2015 (“the Act”). The criticism is pregnant with the suggestion that a virtue of the new Act was that it would be less clear than, and more malleable by the courts than, the earlier legislation. Whether that objective is of comfort to those who have to apply the Act is open to question. It is certainly the case that, in one fundamental respect, the Act is ambiguous.
Looking the Gift Horse in the Mouth
Be careful what you wish for…..
Much of the discussion of the Insurance Act 2015 (“the Act”) might have been designed to induce complacency in policyholders. They might legitimately conclude that this piece of legislation was a gift from the gods to remedy the perfidy of insurers. This is particularly so when it comes to navigating the infamously treacherous waters of pre-contractual disclosure. No longer, so it seems, will policyholders be held hostage to “technical” breaches of those hard to fathom rules.
We are delighted to accept invitations to give talks and training on topics suggested by clients, brokers, broker networks and trade associations.
Providing support in relation to the concerns and issues that you have is fundamental to our philosophy of providing flexible, individually-tailored, legal services.
However, we would also be delighted to suggest issues on which it might help you to hear the insights we are able to offer on policy drafting and insurance claims. Recent talks and seminars include:
“Easy wins in policy negotiations – points insurers should concede without (much of) a fight”
“The Insurance Act 2015: preparing for insurers’ new options for contesting claims and conducting claim investigations.”
“Complying with your policy obligations: tips for avoiding traps”