BRIT SYNDICATES LTD AND OTHERS v ITALAUDIT SPA AND OTHERS

[2008] Lloyd's Rep IR Plus 22

HOUSE OF LORDS

Before Lord Hoffmann, Lord Scott of Foscote, Lord Walker of Gestingthorpe, Lord Mance and Lord Neuberger of Abbottsbury

Insurance (professional indemnity) – Composite policy – Umbrella organisation insuring itself and its members against professional liability – Policy covering umbrella organisation where facing liability for claims made against insured members – Policy avoided against member – Whether umbrella organisation nevertheless entitled to indemnity for claims against member.