For more than 30 years, our practice has been successfully assisting policyholders maximize their available insurance coverage and recover in excess of £10 billion for them. The practice is consistently top ranked by Chambers globally and in the UK and the US, with more than 100 lawyers worldwide, and has a long history of successfully representing policyholders in dealings with all major insurers.
Our London insurance practice advises and represents mainly corporate clients both in policy negotiations and coverage disputes with insurers operating within the London market and elsewhere, and acts for them in both the English courts and London arbitrations. Many of our matters are highly complex, involving numerous insurers organised in a number of layers or towers and extensive policy wordings.
Our clients come from across the spectrum of industry sectors including energy, financial services, life sciences, manufacturing, TMT and transport and operate in numerous different jurisdictions. We advise them on a broad range of different types of insurance cover, including all risks, business interruption, construction, cyber, directors’ and officers’, general liability, freight services and transportation, political risk, product liability and recall, professional indemnity, property, trade credit and warranty and indemnity. We have also developed a specific expertise in dealing with and, where appropriate, challenging insurers’ solvent schemes of arrangement, becoming the leading firm in this area.
Covington client alerts:
English Court of Appeal Rejects High-Profile Challenge to Arbitrator
English Court Considers Effect of Breach of Insurance Policy Warranty
Manage Ransomware Risks Now
Policyholder Right to Damages for Late Payment Comes Into Force in England
English Courts Construe Notification of Event Clause Narrowly and Stress That Ambiguous Conditions Precedent Must Be Interpreted in Policyholders’ Favour