This edition of the Wire follows a panel discussion at ITIC’s offices on the subject of the expert witness.
The panel included Andrew Squire, LOC Group Ltd; Keith Hart, Hart Marine Consultants Ltd; Colm Nolan, Baltic Exchange Expert Witness Association; Darryl Kennard, Thomas Cooper; and Andrew Jamieson of ITIC. Topics of discussion ranged from reviewing the liability of the expert witness; the incorporation of standard terms and conditions, to effective report writing. The evening was well attended with over 100 guests, many of whom stayed for drinks and catch ups with old friends and colleagues.
The potential liability of experts for negligence means that the duty should not be undertaken lightly and all professionals should be aware that expert witnesses can find that they are the ones who end up in the dock.
ITIC provides professional indemnity insurance to a wide range of expert witnesses. Some of the assureds act as an expert witness as a regular part of their professional practices. Some, however, are occasionally asked to act in this capacity without specifically seeking the appointment.
Regardless of how one may arrive in the witness stand, and no matter how confident one may be in a well-researched and thoroughly vetted series of responses, professional indemnity insurance is essential. Should a claim be forthcoming, you will then be prepared, as any expert would be for any eventuality.