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High Court of England and Wales confidential settlement: Network Homes resolves £3m+ indemnity dispute with Chubb and professional indemnity insurers over Watford cladding and insulation defects arising from WPHV works

Published on: 26 March 2025

Published by a Law360 reporter
Legal News
Article summary

Sovereign Network Homes—formerly Network Homes Ltd, and Network Build Ltd

According to a High Court order dated 26 March 2025, Sovereign Network Homes—formerly Network Homes Ltd—and Network Build Ltd reached confidential settlement terms with a consortium of nine insurers.

Network Homes, the owner of the building, and Network New Build, the arm that entered building contracts for the association, issued proceedings in 2023, asserting a right to indemnity for losses arising from defects at a Watford development.

The claimants said WPHV Ltd, also known as Willmott Dixon Housing Ltd, acted as main contractor on the scheme and was responsible for defective, combustible insulation and cladding.

The contractor entered administration in December 2020 and held professional indemnity insurance with Chubb European between 2019 and 2020.

WPHV also had excess insurance cover with...

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