ADVERTISEMENT
ADVERTISEMENT
German Insurer Seeks Ruling That Underwriting Deal Is Over
Law360, London (April 7, 2021, 7:12 PM BST) Germany s HDI Global Specialty SE is asking the High Court to weigh in on a contract dispute, accusing a British insurance services company of leaving it exposed to polices that it did not know had been underwritten on its behalf.
HDI alleges in a March 19 particulars of claim recently made public that Legal Protection Group Ltd. entered into an agreement with brokers to renew insurance policies guaranteed by HDI, even though the underwriting deal between them had ended.
International Insurance Co. of Hannover SE, which became part of HDI in 2019, appointed Legal Protection Group in 2016 to underwrite after.
What is home emergency cover?
Home emergency cover is usually an additional cover to your standard home and contents insurance policy. It covers you should an event an occur that makes your home uninhabitable, causes permanent damage, risks your health and safety or makes your home unsafe. For example, a boiler breaking down would be an emergency, along with burst pipes and even lost keys or an infestation of mice or rats. You will need to check with your home emergency provider exactly what events they will cover, for example some policies will include boilers as a standard while other will need a stand-alone policy.
What is the best home emergency cover? | moneyfacts co uk moneyfacts.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyfacts.co.uk Daily Mail and Mail on Sunday newspapers.