Professional indemnity insurance: aggregation

In AIG Europe Ltd v OC320301 LLP and Others [2015] EWHC 2398 (Comm) Teare J was asked to determine whether a number of different claims against a firm of lawyers could be characterised as arising from similar acts or omissions in a series of related matters or transactions for the purposes of limb (iv) of the aggregation provision within the prevailing Solicitors’ Minimum Terms and Conditions (“MTC”). The decision is considered by David Turner QC of 4 New Square.

AIG Europe : the facts