Broker blamed when stock damaged by flood was uninsured
Cork fertiliser company Grassland is suing Dublin insurance brokers MacDonagh Boland Crotty MacRedmond, trading as Aon, for flood losses of more than €1.3m that went uninsured, the Irish Times reports.
Grassland claims Aon failed to arrange for insurance cover in the event of flood, burst pipes, tempest and/or storm, with the result that insurance underwriters have refused to pay out for losses.
It claims Aon ought to have been aware Grassland held total stock valued at up to €36.8m, subject to a maximum value of €22.9m for stock held at any one of its properties.
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Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
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