ARTICLE · 24 OCTOBER 2008

International Round Up

DLA Piper Australia

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Markel International Insurance Co Ltd, QBE Insurance (Europe) Limited and Amalfi Underwriting Limited (collectively the Claimants), brought proceedings in England's High Court against Surety Guarantee Consultants Ltd (SGC) and its former directors and employees.

AustraliaEmployment and HR

Markel International Insurance Co Ltd v Surety Guarantee Consultants Ltd and others [2008] EWHC 1135 (Com)

Markel International Insurance Co Ltd, QBE Insurance (Europe) Limited and Amalfi Underwriting Limited (collectively the Claimants), brought proceedings in England's High Court against Surety Guarantee Consultants Ltd (SGC) and its former directors and employees. The claims related to surety bonds written by SGC that exceeded limits set out in a binding authority and management agreement (the Agreements) held by the Claimants with SGC. The Claimants alleged they were exposed to greater liabilities than agreed to, resulting in SCG obtaining excess premium payments. Fraud and dishonesty by the employees was also alleged.

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