Names at Lloyds could reasonably expect due skill and care to be exercised in the choice of risks accepted on their behalf by underwriters. Incompetence in the writing of ‘excess of loss’ business gave rise to claim for negligence.
Citations:
Times 07-Oct-1994, Independent 05-Oct-1994
Professional Negligence, Insurance
Updated: 15 May 2022; Ref: scu.79875
