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Language: English Series: Building ; 271(8445) 1 September 2006, 60(1)Publication details: 2006Subject(s): Summary: Examines the issues that can arise for international organisations who fail to secure adequate professional indemnity insurance. A recent case "Brit Syndicates Ltd and Others v Italaudit SPA and Another" ([2006] EWHC 341 (Comm), unreported) emphasised the need to ensure that all of a firm's overseas operations are insured under the same policy. Explains why worldwide cover is more expensive than UK or EU cover and highlights the difference between jurisdictional and territorial cover.

Examines the issues that can arise for international organisations who fail to secure adequate professional indemnity insurance. A recent case "Brit Syndicates Ltd and Others v Italaudit SPA and Another" ([2006] EWHC 341 (Comm), unreported) emphasised the need to ensure that all of a firm's overseas operations are insured under the same policy. Explains why worldwide cover is more expensive than UK or EU cover and highlights the difference between jurisdictional and territorial cover.