Lloyd’s motor Names invoke memories of litigious past
A call to arms by investors struck by spectacular losses on Equity's dedicated motor Syndicate 218 has provoked concerns of an unwelcome trip down memory lane back to potentially costly litigation between Names and their underwriting agents, which has not been widely seen since the mid-1990s.
The latest incarnation of Names' anger has been suitably updated to the Twitter generation and can be found online at www.218equity.co.uk.
In a wry reference to aggressive claims advertisers - huge contributors to recent...
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