Summary


As British Airways, Google, Mastercard, McDonalds, Volkswagen and many others have found out, the cost and reputational impact of class actions can be devastating. As we go through a period of unprecedented social, environmental, regulatory and financial upheaval the rapid growth of litigation funding options and a push for more expansive access to justice for consumers will only increase their prevalence in the years to come. Whether resulting from product issues, environmental incidents, cyber and data protection failures, D&O negligence or other corporate misadventure, organisations must urgently ask themselves how they would respond if faced with the nightmare scenario of having to fend off claims from thousands, if not tens or hundreds of thousands, of claimants.

Essential for all insurance, risk and claims managers, in this session we will look at the key features of class actions in the UK, how the processes have developed into what we see today and how they are likely to become more common and costly in the years to come.

Learning Objectives


By the end of this HUB you will be able to understand:

• the history of class actions in the UK and the major legal decisions of the past 20 years
• how class actions are currently dealt with in the UK and how this differs from the US
• the growth of litigation funding and how this is likely to impact on the frequency of class actions
• how class actions are likely to become more expansive to meet societal demand
• the main coverage implications that may result from a class action
• the likely impacts to your organisations of having to face a class action

Presenters


Samuel Ellerton
Regional Claims Leader & Senior Vice President
Lockton
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