Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

VELOS GROUP LTD. AND OTHERS v. HARBOUR INSURANCE SERVICES LTD.

[1997] 2 Lloyd's Rep. 461

CENTRAL LONDONCOUNTY COURT(BUSINESS LIST)

Before His Honour Judge Hallgarten, Q.C.

Insurance (Marine) - Insurance brokers - Commission - Title to sue - Brokers placed plaintiffs’ insurance with underwriters - 12-month policy cancelled after five months - Brokers retained part of return premium as balance of commission due in respect of 12-month policy - Whether privity of contract between brokers and owners - Whether brokers had title to sue - Whether brokers entitled to retain moneys.

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