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Insurance brokers & Sub – brokers and block notifications: It was your responsibility, not mine.

March 2016
and Sara Cunningham

In the recent case of Ocean Finance v Oval Insurance [2016], the High Court considered the apportionment of liability between a producing and a Lloyd’s placing broker where they had both negligently failed to advise the Insured on the need to make a block notification and gave further guidance on block notifications.

In our article Stephen Reilly and Sara Cunningham look in more detail at the case and why it is of interest and derive some helpful pointers from the Judge’s comments.

To read the full article, please click on the link below.

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