Axis Passes Blame To Subcontractor In Flood Repairs Row

By Joanne Faulkner (November 8, 2021, 4:35 PM GMT) -- A Lloyd's of London syndicate has told a building refurbishment company that its failure to hire a subcontractor with insurance means it does not have to pay out for the cost of flood repairs on a London apartment.

The decision by PVAD Ltd. to outsource the construction of a water pipe system to a company that did not have any business insurance is a breach of the firm's contract with underwriters Axis Managing Agency Ltd., Axis argued in a High Court defense on Nov. 2.

Failing to ensure that SJP Plumbing and Heating Services Ltd. had in place public liability insurance...

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