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![Professional Services Exclusions: Liberty Mutual Insurance Company, Australia Branch v SunWater Ltd (No 2) [2021] NSWSC 1582](/upload/holman-webb-lawyers/shutterstock570465601-brisbane-ipswich-floods.jpg)
The recent NSW Supreme Court decision of Liberty Mutual Insurance Company, Australia Branch v SunWater Ltd [2021] NSWSC 1582 restates the relevant principles to be applied when considering the application of professional services exclusion clauses when construing an insurance contract.
The matter of Danbol Pty Ltd v Swiss Re International Se [2020] VSC 23 was originally heard before the Victorian Supreme Court in February 2020. The matter was subsequently appealed and dismissed in November 2020.
The decisions emphasise the importance of a clear and unequivocal acceptance of an offer before an insurance contract will be considered binding.