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LLR: Insurance & Reinsurance

GROUND GILBEY LTD AND ANOTHER v JARDINE LLOYD THOMPSON UK LTD

[2012] Lloyd's Rep. IR 12

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Blair

Insurance (fire) — Insurance broker — Premises damaged by fire — Assured in breach of policy term requiring removal of liquefied gas portable heating appliances — Failure by broker to warn assured of obligation to remove appliances — Settlement reached with insurers — Whether broker liable for shortfall — Reasonableness of settlement — Contributory negligence.

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