SRA Handbook

Details of qualifying insurer

Version 21 of the Handbook was published on 06/12/2018. For more information, please click 'History' Above

Rule 18: Details of participating insurer

18.1

If a claimant asserts a claim against a firm or any person insured under that firm's policy, and where such claim relates to any matter within the scope of cover of the MTC (whether or not such claim would or may be upheld), the firm and any person who is at the relevant time (or, in the case of a firm which has ceased practice, any person who was immediately before that firm ceased practice) a principal in that firm shall be required, upon being so requested by that claimant, by any person insured under that firm's policy, or by any other person with a legitimate interest, to provide to that person the following details in relation to that firm's policy:

(a)

the name of the participating insurer(s) who issued the policy; and

(b)

the policy number; and

(c)

the address and contact details of the participating insurer(s) for the purpose of making a claim under the policy;

in each case in respect of the policy which it is reasonably believed to be the relevant policy to respond to the claim, or, if applicable, the fact that the firm or person against whom the claim is asserted is covered by supplementary run-off cover.