In early 2021, the Bar Council decided to review the Marsh / NZBA PII Scheme. The Council asked barrister, Michael Webb, to lead this work. Michael was able to secure the help of Michael Robertson of Robertsons, who specialises in professional indemnity insurance law. They liaised with the President, and our Executive Director, to form the review group.
Before outlining the results of the review and the ongoing work that we are undertaking, I can’t stress enough how valuable Michael Webb and Michael Robertson’s work has been. Their guidance has been fundamental to the changes that have been introduced, and the decisions that Council has made on placement of the scheme. The Bar Association is deeply indebted to them both.
Another point is that this article is not an opinion on, or recommendation of, the Scheme itself. You will need to form your own opinion on the suitability of the Scheme, and, if needed, you should seek independent financial advice if you have any questions about whether the Scheme meets your insurance needs.