We refer to Circular 173/2019 dated 30 Aug 2019 entitled "2020 Professional Indemnity Insurance Renewal | Premium, Terms and Conditions".  

 

In order to maintain the 2020 Professional Indemnity Insurance ("PII") premium at RM1,254 without any increase, the Bar Council had to make changes to the composition of the Insurers of the PII Scheme.

 

There is a possibility that the newly introduced Insurers of the 2020 PII Scheme may not consider your notification(s) if you had knowledge of a claim or potential claim prior to 1 Jan 2020, and you did not notify the 2019 PII insurance underwriter, ie Pacific & Orient Co Berhad, of the matter in 2019.

 

Members of the Bar are therefore urged to make a notification to the insurance underwriter of the 2019 PII Scheme in respect of any known claim, or potential claim that you have knowledge of, that may or may not result in a suit against you.  Notifications must be made as soon as possible, on or before 31 Dec 2019 (Tuesday).  Failure to submit a notification by this date may result in the Insurers of the 2020 PII Scheme declining your notification.

 

The 2019 Certificate of Insurance defines a "claim" as:

 

(a) a demand for, or an assertion of a right to, compensation, damages or such other remedies for civil liability which arises from your legal practice; or

 

(b) an intimation of an intention to seek compensation, damages or such other remedies for civil liability which arises from your legal practice.

 

We encourage Members of the Bar to immediately make a notification if you have received a writ, notice of demand, intimidation of a claim, or any hint of a possible claim in the future.  There is no claims loading imposed upon a notification made to the Insurer.  

 

Notification of claims or notifiable circumstances must be made in writing as soon as possible during the period of insurance, to:

 

Jardine Lloyd Thompson Sdn Bhd

Level 42-01 (West Wing), Q Sentral

Jalan Stesen Sentral 2

Kuala Lumpur Sentral

50470 Kuala Lumpur

 

Tel: 03-2723 3388

Fax: 03- 2723 3301

 

If you require clarification, please contact the PII and Risk Management Department by telephone at 03-2698 4511, or by email at pirm@malaysianbar.org.my.

 

Thank you.