Please note that policies written on a claims-made form, may contain certain restrictions that limit the reporting of losses after the policy has expired.
The reporting condition of the policy requires that any incident that might give rise to a claim, must be reported to the insurer, even though no such claim has yet been received. Liability claims for this class of business may often follow months or years after the event itself.
Failure to report an incident promptly may jeopardize the insurer's investigation and defence of a subsequent legal action. To avoid the risk that individual losses may be denied as a result of late reporting, we would encourage all such incidents to be reported promptly.