Sky has won a long running case against the insurers of its West London headquarters after arguing that the damage caused by a leaky roof had caused “widespread failure” to its buildings.
Insurers including RiverStone International, Berkshire Hathaway International Insurance, UK insurer RSA and a unit of Germany’s Munich Re were named in the claim to a so-called “construction all risks policy”.
The building on Sky’s media campus in Osterley was completed in 2016 and houses between 3,500 and 4,000 employees. There were problems with the construction early on and by 2015 water had worked its way into multiple points.
Construction giant Mace and building contractor Prater are making separate claims.
According to the Financial Times, Judge Mark Pelling did not immediately place a figure on how much compensation Sky might be entitled to but said that the broadcaster should recover the “correctly quantified costs” of carrying out any remedial work.
There appears to be some difference between the defendants cost estimate of between £29 million and £38.3 million, and the £100 million being sought by Sky.
The insurers maintain that any compensation should be limited to remediating the damage that was proved to have occurred during the period of the policy.
