Professional indemnity insurance: scope of management consultancy

Two issues were live before the Victoria Court of Appeal in Blakeley v CGU Insurance Ltd [2017] VSCA 378. First, what was the scope of a professional indemnity policy taken out by a management consultancy? Secondly, were the insurers entitled to avoid liability by reason of the assured’s failure to disclose that its activities included acting as director of a client company?

Blakeley : the facts