UK Insurance Law Episode 30: Product Liability Insurance

This episode examines Product Liability Insurance in UK insurance law, focusing on its critical role in protecting businesses against claims for damage or injury caused by defective products. We discuss the scope of coverage, including protection from costs related to legal defense and compensation payouts. Key aspects include the types of product liability policies, typical exclusions, and the impact of statutory requirements under the Consumer Protection Act 1987. The episode also explores the nuances of strict liability, common endorsements, and the rising relevance of product recall coverage in today's market. Finally, we review significant case law and legislative updates that shape the responsibilities and protections for manufacturers, suppliers, and insurers alike.