Our London Market Property group acts for insurers and reinsurers on a variety of national and international property, construction and business interruption matters. We advise on all forms of property claims, from SME national books of business, through to large and complex international losses. Our dedicated team of partners, directors and associates is well known throughout the market, and provides cost effective solutions, recognising the size and complexity of claims that we are asked to advise upon.
Our insurance experts take stock after the seismic events of the first half of 2022 and highlight the current trends and issues shaping the new landscape.
Our expert team advise clients across the globe on:
First Party policy coverage and indemnity issues and disputes.
Third Party Property Damage claims – defending liability claims (including product liability), pursued against policyholders.
Subrogated Recoveries – pursuing claims to recoup insurers’ outlays paid under their own policies.
We have expertise in complex and high value matters, and examples of our experience include:
Coverage advice on a multi-billion dollar excess claim and calculation of material damage loss issues following damage to a MENA oil refinery.
Advising on a Beirut storage explosion and resultant losses.
Coverage arbitration in respect of a hydroelectric project in Peru relating to the defective design of a concrete-lined tunnel.
A coverage dispute involving a tailings dam in Brazil, involving a combined single limit property damage and business interruption policy for the failure of business critical assets.
Advising insurers on property damage following the loss of a commercial drone and related property damage in Malaysia, with associated contractual disputes in Spain and London.
Advising on coverage of property damage post-completion of a US Power Station, including monitoring underlying subrogated US proceedings between owner, contractor and sub-contractors.
Coverage dispute involving a jack-up rig, centering on the definition of 'Damage' and the impact on wear and tear/latent defect exclusions.
How we can help
Our dedicated experts can advise you across the range of property and business interruption related claims and coverage re/insurance matters, from refinery explosions to floods, fires and defective design/ materials.
DWF, the global provider of integrated legal and business servicesy, has assisted Pasquarelli Auto, a company engaged in the retail and wholesale trade of automobiles and new and used motor vehicles, motorcycles and motor vehicles, parts and accessories for cars and motorcycles, in its listing on the Euronext Growth Milan.
The Government has updated and amended its guidance for parties to acquisitions which may fall within the scope of the National Security and Investment Act, including providing clarification on when to notify and steps to take if there is uncertainty about whether an acquisition is notifiable under the Act.