Many of the victorious names - including Conservative MPs Paul Marland and David Tredinnick, Buster Mottram, the tennis star, and Freddie Laker - will be significantly contributing to their own award.
The award money is supposed to come from errors and omissions underwriters - insurers who agree to cover company directors or professionals against negligence claims. The Lloyd's agents who lost yesterday's High Court action will have bought cover from other insurers on whom the financial burden of the names' losses will now fall.
But most Lloyd's analysts doubt whether there is enough money in the E&O pot to pay damages of pounds 500m, or anything like it. Even worse for names, the policies that will now be called on to pay the losses have nearly all been written, initially at least, by Lloyd's syndicates.
Some of these syndicates will have reinsured their liability outside Lloyd's. But in the crazy whirlpool world of reinsurance, many of these non-Lloyd's insurers will, in turn, have reinsured their liability back inside Lloyd's.
Indeed some of Gooda Walker's own E&O insurance has been written by Gooda Walker syndicates. According to the broker's line slip - which breaks down risk between syndicates - Gooda Walker syndicate 164 has directly taken on liability for up to pounds 10m of any damages awarded to names. Other Gooda Walker syndicates have reinsured eight of the 20 syndicates most exposed to paying damages to Gooda Walker names.
Michael Payton, a solicitor representing Lloyd's E&O underwriters, said: 'We think Gooda Walker names may well be no better off as a result of this judgment than they would have been if they accepted the Lloyd's global settlement offer last February.'
The amount of E&O cover available is a secret closely guarded by the underwriters. Charles Sturge, the Chatset analyst, estimates the total cover available is about pounds 250m - well short of the expected award.
But there is still one group of people from whom names could make good any shortfall in the damages paid by their agents' insurers - the syndicate auditors. And most auditors have E&O cover written outside Lloyd's.