Insurance and Reinsurance
We have been working with the Lloyd’s insurance and reinsurance Market since 1995 and have experience of acting predominantly for the Market on a wide range of issues and disputes including working for large insurance and reinsurance companies.
We are particularly interested in and have expertise of the role insurance plays in construction projects.
We advise brokers, underwriters, insurance and reinsurance companies and other professionals across a broad range of issues arising in insurance and reinsurance including:
- Claims Handling
- Claims Coverage and Disputes
- Coverage and Notification
- Product Development and Policy Wordings
- Credit Insurance
- Reinsurance Disputes and Recoveries
Drafting global property and casualty policy wordings for leading international brokers.
Secretan and Feltrim Names litigation.
Hill & Berry v M&G which was heard by the House of Lords in 1996 and remains a leading case on "follow the settlement" clauses.
Various claims under the Lloyd's Arbitration Scheme including an arbitration for a seven figure sum which involved allegations of misrepresentation and non disclosure, interpretation of the policy wording ('facultative obligatory treaty' described as a 'variable quota share treaty') and technical matters such as top and drops, cascades, working layers and XL on XL protections.
Acting for a large State owned Eastern European reinsurer who participated on XL policies underwriting various Lloyd's syndicates. Business both direct and non direct. Arbitration proceedings commenced which lead to a standstill agreement and a global commutation being discussed and agreed. Legal issues involved limitation and settlements outside the terms of the policies.