Insurance Bites EP3: Insurance implications of the motor finance broker commission cases

In this latest episode of Insurance Bites, partners Greig Anderson and Antonia Pegden and associate Meena Mariadassou explore the insurance implications of the motor finance broker commission cases (Johnson v FirstRand Bank; Wrench v FirstRand Bank; Hopcraft v Close Brothers).The Supreme Court hearing of this case begins this morning, and could have significant consequences for financial services policyholders in the UK - this episode gives an overview of the case, and practical steps to take from a coverage perspective. 

You can find links to our blogs and podcasts on the cases covered in this podcast below: 

• Court of Appeal finds lenders liable in motor finance broker commission cases 
• Secret commissions and indemnity policies: Insurance implications of Court of Appeal broker commissions decision in Johnson v FirstRand 
• High Court confirms 5,800 motor finance claimants can use omnibus claim forms and do not need to issue separate claim forms
• Motor Finance: Where are we and where next? | Herbert Smith Freehills | Global law firm