The twists and turns of liability

We have been mentioned in the blog post: Twists and Turns of Liability! Glad that we can initiate thought!

Commitment Matters

Limits of liability is the top negotiated term year after year in IACCM’s annual survey. But will the environment in which these terms are negotiated be steadily upended by technology?

In a thought-provoking blog, Michael Lewin (a firm of solicitors in the UK) asks leading questions about driverless cars. They point out that the use of such vehicles will require major changes to road traffic laws, which all assume a human operator at the controls. But beyond this, where would liability actually reside in the event of an accident? I presume that anyone buying such a car will expect to be indemnified by the manufacturer. After all, if the manufacturer is not confident about the reliability of the vehicle, I am not going to be very interested in sitting inside it. However, you can be sure the manufacturer will in turn be looking for protection by its major suppliers…

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