Professional liability claims against IFAs

THIS EVENT IS NOW TAKING PLACE AT FREEMASON's HALL, 36 BRIDGE STREET, MANCHESTER, M3 3BT

Speakers: Niall Innes and Liam Burnett, Mills & Reeve LLP

Cost: Free of charge

This seminar will provide attendees with a valuable overview of professional liability claims from two legal experts in this field, as well as highlighting key regulatory changes and their consequences for both IFAs and their insurers.

Who should attend? This seminar is most suitable for those working in professional liability insurance and claims, as well as IFAs who'd like to develop their knowledge on this subject.

Learning objectives
Following this one hour seminar, delegates will be able to:
• describe recent claims trends;
• discuss the risks posed by legislative and regulatory changes in the last few years;
• assess the perils and pitfalls that IFAs and their insurers are likely to face in the future;
• identify tips for IFAs to navigate the minefield.

Speakers' biographies:

Niall Innes is a professional indemnity lawyer who deals with claims against a number of professions ranging from solicitors and barristers to IT professionals, financial advisers and estate agents. The claims involve traditional claims for breach of contract and negligence but also dealing with disciplinary proceedings. He also gives policy advice to insurers and deals with challenges to decisions to decline indemnity. Niall has particular experience dealing with claims involving dishonesty.
As well as being a partner and the head of the Manchester insurance team, Niall is also the head of Mills & Reeve’s Manchester office.

Liam Burnett is a Principal Associate in Mills & Reeve’s Insurance Disputes team, based in Manchester. Liam specialises in defending claims against accountants, financial advisors, insurance brokers and solicitors. He also advises insurers in respect of policy coverage issues. In terms of claims against financial advisors, Liam has defended a variety of claims ranging from pension claims (failed pension transfers and failed pension equalisation) to failed investment claims including investment in UCIS as well as claims for breach of fiduciary duty from failing to disclose secret commissions to pooling and investing client funds without authority.