The Law of Insurance Intermediaries is the only text in South African law which comprehensively discusses the legal position of the various insurance intermediaries doing business in the local market. Three main types of intermediaries are identified, namely insurance brokers, insurance agents and Lloyd’s intermediaries. The rights and duties of these intermediaries are analysed and the effect of the Long- and Short-term Insurance Acts on these duties is explained. Local and foreign case law is considered to illustrate the relevant legal principles and to provide solutions to problems which may occur in South African law. This book is essential reading for lawyers operating in the field of insurance, as well as insurance companies and agents.

Key Features

• Offers a comprehensive overview of the law affecting insurance intermediaries
• Includes full text of the Short- and Long-term Insurance Acts and the Regulations and Policyholder Protection Rules in terms of these Acts

• The law of agency and trade usages
• The different types of insurance intermediaries
• Insurance brokers: The brokerage agreement
• Breaching the brokerage agreement
• Insurance brokers: The commission contract
• Insurance agents
• Lloyd’s intermediaries
• Appendix A: Long-term Insurance Act 52 of 1998
• Appendix B: Regulations under the Long-term Insurance Act, 1998
• Appendix C: Policyholder Protection Rules (Long-term Insurance), 2001
• Appendix D: Short-term Insurance Act 53 of 1998
• Appendix E: Regulations under the Short-term Insurance Act, 1998
• Appendix F: Policyholder Protection Rules (Short-term Insurance Act), 2001

• Lawyers
• Insurance companies, agents and brokers
• Academics and students
• Libraries