There is an increasing trend to hold insurance intermediaries
professionally liable for the breach of duties owed to either the
insured or the insurer. The Law of Insurance Inter mediaries is the
only text in South African law which comprehensively discusses the
legal position of the various insurance intermediaries doing
business in the local market. Three main types of intermediaries
are identified, namely insurance brokers, insurance agents and
Lloyd's intermediaries. The rights and duties of these
intermediaries are analysed and the effect of the Long- and
Short-term Insurance Acts on these duties is explained. Local and
foreign case law is considered to illustrate the relevant legal
principles and to provide solutions to problems which may occur in
South African law. This book is essential reading for lawyers
operating in the field of insurance, as well as insurance companies
and agents. Offers a comprehensive overview of the law affecting
insurance intermediaries. Includes full text of the Short- and
Long-term Insurance Acts and the Regulations and Policyholder
Protection Rules in terms of these Acts.
General
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