Professional Indemnity Insurance

Subject 730-667 (2008)

Note: This is an archived Handbook entry from 2008. Search for this in the current handbook Search for this in the current handbook

Credit Points: 12.500
Level: Graduate/Postgraduate
Dates & Locations:

This subject has the following teaching availabilities in 2008:

Semester 1, - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: 24 - 26 contact hours per subject.
Total Time Commitment: The time commitment for this subject depends on the candidate's background and experience.
Prerequisites: N.A.
Corequisites: N.A.
Recommended Background Knowledge: None
Non Allowed Subjects: None
Core Participation Requirements: N.A.

Coordinator

Prof Greg Reinhardt, Mr Fred Hawke
Subject Overview:

Objectives:

A candidate who has successfully completed the subject should:

  • Have a working knowledge of how professional indemnity insurance operates
  • Understand the obligations of parties to professional indemnity insurance
  • Understand the particular problems that arise in respect of professional indemnity insurance.

Syllabus:

The subject will examine the historical development of professional indemnity insurance legislation, which affects the making of a contract of professional indemnity insurance and the obligations of the parties. The subject will necessarily involve study of legal principles, particularly principles of tort law, giving rise to professional indemnity claims.

Principal topics will include:

  • The form and contents of a typical policy
  • The interpretation of the policy
  • The making of claims
  • Subrogation, including the obligations of the insurer to the insured in subrogation proceedings
  • The effect of insolvency on the contract of insurance
  • Particular policies insurance of solicitors, medical professionals, engineers and architects, valuers and estate agents.
Assessment:
  • Research paper 10,000 words (100%) (14 August) (topic approved by the subject coordinator)
Prescribed Texts: Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Please visit the subject homepage on the Melbourne Law Masters website by following the link at the bottom of this subject entry.
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills: Please see the Subject Objectives for this information.
Links to further information: 730-667Professional Indemnity InsuranceMelbourne Law Masters, postgraduate law, post-graduate law, graduate law2008

Objectives:

A candidate who has successfully completed the subject should:

  • Have a working knowledge of how professional indemnity insurance operates
  • Understand the obligations of parties to professional indemnity insurance
  • Understand the particular problems that arise in respect of professional indemnity insurance.

Syllabus:

The subject will examine the historical development of professional indemnity insurance legislation, which affects the making of a contract of professional indemnity insurance and the obligations of the parties. The subject will necessarily involve study of legal principles, particularly principles of tort law, giving rise to professional indemnity claims.

Principal topics will include:

  • The form and contents of a typical policy
  • The interpretation of the policy
  • The making of claims
  • Subrogation, including the obligations of the insurer to the insured in subrogation proceedings
  • The effect of insolvency on the contract of insurance
  • Particular policies insurance of solicitors, medical professionals, engineers and architects, valuers and estate agents.
  • Research paper 10,000 words (100%) (14 August) (topic approved by the subject coordinator)
N.A.N.A.24 - 26 contact hours per subject.Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Please visit the subject homepage on the Melbourne Law Masters website by following the link at the bottom of this subject entry.Please see the Subject Objectives for this information.The time commitment for this subject depends on the candidate's background and experience.N.A.Please see the subject homepage on the Melbourne Law Masters website for up to date timetable information.Prof Greg Reinhardt, Mr Fred HawkeLawFor the latest information on this subject, please visit: http://www.masters.law.unimelb.edu.au/subject/730667P12.500Semester 1NLawLaw730-667

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