STRUCTURAL POLYMER SYSTEMS LTD; STRUCTURAL POLYMER TECHNOLOGIES LTD v BROWN (ON BEHALF OF SYNDICATE 702 AT LLOYD’S)

[2000] Lloyd's Rep IR 64

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Moore-Bick

Insurance (professional indemnity) - Settlement reached without consent of insurers - Whether summary judgment available against insurers - Whether insurers entitled to leave to defend to investigate merits of claim against insureds - Whether insureds liable to third parties - Whether liability covered by the policy - Whether settlement reasonable - Exclusion of cover where some other policy provided indemnity - Effect of exclusion where the other policy contained a similar exclusion.