Insurance Law

Court of Appeal in UK favours ‘intrinsic relationship’ test for aggregation clause

By: Mark Brookes, Partner and Tom Pepper, Solicitor

Our October 2015 newsletter ‘English court decision considers aggregate claims’ discussed the case of AIG Europe v OC320301 (formerly the International Law Partnership LLP)1 in which the Commercial Court of England and Wales considered whether individual claims brought by 214 investors who allegedly lost in excess of £10 million due to a failed scheme developed by the insured law firm, should be aggregated as one claim under the aggregation clause in the firm’s professional indemnity policy.

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