In the current economic climate, insurers are benefitting from access to capital at a lower cost. This means that they are able to offer ever more sophisticated and specialised products for new or emerging risks.
Yet even well-worded insurance policies and reinsurance agreements have the potential to create challenges in the application of some claims, particularly where there are doubts on whether the policy should respond or around the allocation of loss between multiple carriers.
Our insurance work involves defending claims on behalf of multi-layer subscription markets at Lloyd’s and the wider London Market. We work with clients to support their specific reporting and co-ordination requirements, act as monitoring counsel, advise on coverage and litigation, policy wordings, alternative dispute resolution, trial and appellate work, and on reinsurance obligations.
Our extensive international reinsurance practice includes litigated disputes and arbitrations, reinsurance recovery work, auditing and regulatory and coverage advice for our European, UK, US and Bermudian clients.
At all times, we drive consensus and a productive relationship between lead and other agreement parties as well as appreciating the significance of brokers’ relationships with policyholders and insurers.
Our vision and focus is to use the strength and depth of our company to help our clients reduce the time and money they spend on managing risk. If you need a global group of legal advisers, delivering a creative, commercial and specialist service, talk to Global Insurance Law Connect today.
Contact: +44 (0)20 7029 4238