Education & Compliance Consultant
The Insured is an educational consultant and a compliance consultant. The Insured was engaged by the Claimant to provide advice and consulting services to assist their client in meeting the requirements of a government funding contract. The Insured was found to be in breach of its funding contract and was required to repay over $300,000 in fees. The Claimant also commenced proceedings against the Insured seeking the loss and damage it claims to have suffered as a result.
The claim was settled and the Insurer paid $285,000 in settlement and an additional $85,000 if defense costs.
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