CCBE questionnaire on professional indemnity insurance for lawyers requesting registration under the Establishment directive (98/5/CE)



Similar documents
Guideline on professional indemnity insurance for psychologists

LEMBAGA HASIL DALAM NEGERI MALAYSIA INLAND REVENUE BOARD

The State Bar of California

CCBE POSITION WITH RESPECT TO THE FREE CHOICE OF A LAWYER IN RELATION TO LEGAL EXPENSES INSURANCE

Professional Indemnity Insurance Guide for FCA Regulated Firms (2015)

DENTAL ACCESS PROGRAMME INSURANCE GUIDANCE

Act on Insurance Mediation and Reinsurance Mediation

requiring the insurers of the firm ceasing practice to continue insuring that firm for a prescribed period, or

CCBE RECOMMENDATIONS FOR THE IMPLEMENTATION OF THE DATA RETENTION DIRECTIVE

REGISTRATION STANDARD: PROFESSIONAL INDEMNITY INSURANCE ARRANGEMENTS

APPLICATION FORM. Professional Indemnity Insurance

and the President has proclaimed the following Law:

Insurance Brokers Professional Liability Proposal Form

Merchants and Trade - Act No 28/2001 on electronic signatures

Guidelines for professional indemnity insurance

PROFESSIONAL INDEMNITY INSURANCE ARCHITECTS

Guide to the VAT mini One Stop Shop

A Guide to Legal Malpractice Insurance

QBE European Operations Professional liability

APPLICATION FOR AFFILIATION TO THE ASSOCIATION ROMANDE DES INTERMÉDIAIRES FINANCIERS (ARIF) (DIRECTIVE 1)

CONTRACTUAL LIABILITY INSURANCE ENGINEERING CONTRACTORS PROPOSAL FORM

CHAPTER 50 SECTION 51. Corporate Practices (Professional Indemnity) Rules*

GUIDANCE FOR EMPLOYED BARRISTERS. Part 1. General

AIFM DIRECTIVE: ESMA CONSULTATION PAPER

Requirements made under the Intermediaries Byelaw

FORM 1 APPLICATION FOR BROKER DEALER, LIMITED SERVICE BROKER OR CUSTODIAN LICENCE

Role in the project (e.g. Prime Engineering Consultant or Contractor), and summary of professional Duties : Name Professional Duties Contract Awarded?

Act no 41 on Insurance Mediation ( )

ACE Advantage. Employed Lawyers Professional Liability Application

Chemicals and Life Sciences Industry Practice. Insurance and compensation in the event of injury in Phase I clinical trials in the United Kingdom

INSURANCE INTERMEDIARIES (GENERAL BUSINESS) REGULATIONS 1999

Personal Injury PROPOSAL FORM

IMPORTANT NOTES ABOUT PROFESSIONAL INDEMNITY INSURANCE

liquidators, it does not provide cover for fraud, dishonesty or misappropriation by the liquidator him or herself.

Claims Made Policy (applies to Professional Indemnity only) Your Duty of Disclosure. Excess. Your Legal Liability. Waiver of Rights.

Professional Indemnity Insurance (PII) Guidance notes for members of the CIOT and ATT

REGULATION RESPECTING THE PRACTICE OF THE MEDICAL PROFESSION WITHIN A PARTNERSHIP OR A COMPANY

ACE elite Professional Indemnity Insurance

COAG National Legal Profession Reform Discussion Paper: Professional Indemnity Insurance

Professional Indemnity

REAL ESTATE AGENTS PROFESSIONAL INDEMNITY PROPOSAL FORM IMPORTANT INFORMATION: PLEASE READ THE FOLLOWING INFORMATION BEFORE COMPLETING THIS PROPOSAL

NEW ZEALAND PSYCHOLOGICAL SOCIETY MEMBERS INSURANCE COVER As the insurance brokers to the NZ Psychological Society, Rothbury-Wilkinson Insurance

THIS APPLICATION FORM IS DESIGNED FOR SMALL & MEDIUM SIZED FIRMS/CORPORATIONS. PLEASE DO NOT COMPLETE THIS FORM:

Professional Indemnity Insurance Claims Management Consultants Proposal Form

Specified Professions Professional Liability Product

Professional Indemnity Insurance Application Form for Eligible Midwives

INSURANCE INDUSTRY PROFESSIONAL LIABILITY COVERAGE UNIT THIS IS A CLAIMS MADE POLICY. PLEASE READ CAREFULLY.

COMMERCIAL EXCESS LIABILITY POLICY DECLARATIONS

2002 No. 318 ELECTRONIC COMMUNICATIONS. The Electronic Signatures Regulations 2002

Thank you for your interest in the Private Practice Plan

Title 8 Laws of Bermuda Item 67 BERMUDA 1951 : 39 LAW REFORM (LIABILITY IN TORT) ACT 1951 ARRANGEMENT OF SECTIONS

This Information Sheet explains the changes to VAT invoicing from 1 January 2004.

SMALL CLAIMS FORM 5A CLAIM BY AN EMPLOYEE / OTHER AGAINST AN EMPLOYER / OTHER

CCBE RESPONSE REGARDING THE EUROPEAN COMMISSION PUBLIC CONSULTATION ON CLOUD COMPUTING

Proposals for Reform of Civil Litigation Funding and Costs in England and Wales

Professional Indemnity Insurance for Security Companies Proposal Form

Master Policy. Solicitors Indemnity Insurance 2006/07 Master Policy and Certificate of Insurance

Bill 34 The New Limitation Act: Significant Changes and Transition Issues Explained

Compulsory Professional Indemnity Insurance Regulations. For members of the CIOT and ATT

ACE elite Professional Indemnity Insurance

Guidelines on the Management of the List of Competent Organisations According to Article 36 of EFSA s Founding Regulation 1

Lawyers and e Justice

Chapter 3 Financial Year

FREQUENTLY ASKED QUESTIONS MOBILITY

CPA Australia Professional Indemnity Policy For members providing pro-bono or voluntary accounting services in the community

GENERAL SWEDISH MARINE INSURANCE PLAN of 1 January 2006

Application for an Insolvency Licence from an ACCA member

Transcription:

Représentant les avocats d Europe Representing Europe s lawyers CCBE questionnaire on professional indemnity insurance for lawyers requesting registration under the Establishment directive (98/5/CE) Introduction This questionnaire assumes that the lawyer requesting registration under the Establishment Directive (98/5/EC) is required to take out professional indemnity insurance through either law or professional regulation in his/her Member State. If that is the case, Article 6 3 of the Directive permits the lawyer to have existing home professional indemnity insurance taken into account in the host state. If there is no such obligation, the lawyer will have to follow host State rules alone regarding insurance for professional activities pursued in its territory. The following questions might be useful for the host Bar or Law Society when examining the situation of the applicant regarding equivalence of the existing insurance policy in his/her home state in terms of the conditions and extent of cover. It should help them to liaise with corresponding bodies in the home state of the applicant and to take a decision regarding Article 6 3 of the directive in relation to: exemption of the obligation to take out a PI insurance equivalent in the host State or not; if so, full or partial exemption of this obligation. These questions will need to be answered by the individual lawyer with the help of the insurer and/or broker from the home State as each answer should refer precisely to provisions in the existing insurance policy. As well as evidence of existing professional indemnity insurance, the host bar or law society might also request certain extracts from home rules requiring professional indemnity cover, or requiring compliance with the CCBE Code, as well as the insurance policy, plus an authenticated translation of it into the language of the host Member State. Please find in the annex the text of Article 6 3 of the Directive, plus CCBE Guidelines. The text of the Directive can be found on the CCBE website (www.ccbe.org).

2 1) Personal data: First Name: Last Name: Address of practice in Host country: Address of practice in Home country: Date of Birth: Nationality/Nationalities: Home Bar or Law Society (contact details): 2) Structure of practice: a) In your home state: 2.a.1) Individual in private practice? Yes No 2.a.2) Firm? Yes No 2.a.3) 2.a.4) Under what legal entity? (Please refer to the type of legal entity in the language of your home state). In partnership with non-lawyers? If so, what kind of non-lawyers? b) In your host state : 2.b.1) Individual in private practice? Yes No 2.b.2) Firm? Yes No 2.b.3) 2.b.4) Under what legal entity do you propose to practice? (Please refer to the type of legal entity in the language of the host state) In partnership with non-lawyers? If so, what kind of non-lawyers?

3 3) Existing insurance in home state: 3.1) Existence of professional indemnity cover? Yes No 3.2) What is the sum insured in Professional Indemnity? 3.3) Is it for each and every claim, or is it on an annual (aggregate) basis, or is there both a limit for each and every claim and an annual aggregate limit? 3.4) Is there cover for defence costs? Yes No ; If so, is this within the limit of indemnity? Yes No ; 3.5) What is the level of self-insured retention? Does it apply to defence costs? 3.6) Is the insurance on the basis of Claims-made / occurrence or acts committed? 3.7) For how long does cover continue after the practice ceases? 3.8) Is there any insurance or any other mechanism which covers claims arising from the handling of third parties funds? If yes, please describe. 3.9) Will the cover extend to the individual in private practice in the host Member State? Yes No 3.10) Will the cover extend to the firm s practice in the host Member State? Yes No 3.11) Does the cover extend to all legal entities through which the firm is practicing in the host Member State? Yes No 3.12) Does the cover extend to all activities permitted under Article 5 of the Establishment Directive to a lawyer from your Member State who is established in another Member State (practice of International law, European law, home and host law)? Yes No 3.13) Are there any restrictions or limitations on the scope of coverage if a claim is brought in host Member State courts? 3.14) What are the exclusions in your home cover? Please list all exclusions mentioned on your insurance policy or attach the relevant part of your policy.

4 4) Specific questions related to host country requirements in law or professional regulation: This part is specific to each bar and should be filled in by the bar with questions in relation to specific host requirements if any. Examples: - What is the basis for cover, for example is it negligence, civil liability or some other basis? (UK) - What is the position of a claimant if the lawyer has breached a condition of the cover? (Austria, Germany) 5) Other comments

5 6) Conclusion: Do you wish to claim exemption or partial exemption of host country requirements on PI insurance? 7) Declaration: To the best of my knowledge, information and belief the information contained in this questionnaire is true in all material respects and has been checked with the home state insurer/underwriter/broker* Signature : * Delete as appropriate Full Name of Signatory: Date :

6 Annex 1. Directive 98/5/EC of the European Parliament and of the Council of 16 February 1998 to facilitate practice of the profession of lawyer on a permanent basis in a Member State other than that in which the qualification was obtained : Article 6 paragraph 3: The host Member State may require a lawyer practising under his homecountry professional title either to take out professional indemnity insurance or to become a member of a professional guarantee fund in accordance with the rules which that State lays down for professional activities pursued in its territory. Nevertheless, a lawyer practising under his homecountry professional title shall be exempted from that requirement if he can prove that he is covered by insurance taken out or a guarantee provided in accordance with the rules of his home Member State, insofar as such insurance or guarantee is equivalent in terms of the conditions and extent of cover. Where the equivalence is only partial, the competent authority in the host Member State may require that additional insurance or an additional guarantee be contracted to cover the elements which are not already covered by the insurance or guarantee contracted in accordance with the rules of the home Member State.» 2. Guidelines on the implementation of the Establishment directive (98/5/EC of 16 th February 1998) issued by the CCBE for Bars and Law Societies in the European Union «Article 7 Professional liability insurance The bodies responsible in each Member State for arranging and/or providing professional indemnity insurance as mentioned in Article 6.3 of the Directive shall liaise with corresponding bodies in other Member States to ensure that, so far as possible, insurance arrangements made by a lawyer in one Member State are respected and recognised in another Member State both before and after integration under Article 10 of the Directive, to avoid problems relating to double premiums and double insurance.»