Financial lines

Financial institutions

Our financial institutions (FI) team has defended FI insureds in relation to many of the major market losses experienced in the sector, including to financial products mis-selling and breaches of mandate claims. 

We regularly provide coverage advice to primary lead FI insurers in relation to claims and losses arising from their insureds in: banks, asset/fund, managers, hedge funds, private equity/VC firms, commodities trading houses, insurance companies, payment services providers, FinTech firms, crypto/digital asset providers, stockbrokers, broker dealers, currency/stock/metals exchanges and FX/CFD trading firms.

As true specialists in FI claims for over 25 years we continue to invest significantly to ensure sufficient capacity at all levels to deliver unparalleled client service.

D&O

We defend all manner of claims insured under D&O policies, producing excellent outcomes for the insureds and their D&O insurers. 

Our market leading team has dealt with every conceivable coverage issue and D&O claim over many years and our experts hold a strong track record of successfully representing individuals (directors, approved persons and senior managers) in regulatory investigations and proceedings. 

We work across the whole range of potential underlying claims – be it large international litigation against D&Os, to regulatory investigations and criminal prosecutions, to securities claims (and other CLL claims) against the entity, to large and complicated crime losses.

Complementing our D&O defence team, are specialist teams across our vast Commercial Disputes practice to defend every type of D&O claim, ranging across insolvency and restructuring, employment and equality, health & safety, tax, competition, IP/Data Protection, Defamation, White Collar Crime and Civil Fraud and Regulatory.

Warranty & indemnity (W&I)

As one of the few teams in the legal market handling transaction liability claims for over a decade we can support you across the full spectrum including W&I and tax liability. 

Our in-depth understanding of the unique features of transactional liability policies, and our experience in handling large and complex claims for subscription markets, ensures we achieve the best commercial results our clients.

Employers' practices liability

We offer complete employers' practices liability coverage advice and are well versed in all claims that arise within the employment relationship sphere. Our experience advising financial lines insurers on claims coverage advice is also extensive. 

Working with insurers and their insureds we defend a wide range of claims from general day-to-day disputes to high-profile media sensitive matters, negotiating settlements and defending these in the Employment Tribunal, Employment Appeal Tribunal, Court of Appeal and even the Supreme Court. We are particularly adept at driving defence strategy, accounting for and balancing financial, legal, and reputational risk to achieve the desired outcome for you.

Pensions trustee liability

Our pensions litigation team works closely with insurance clients and their pension trustee insureds to provide high-quality defence advice in this highly technical area. We have clear expertise in successfully defending claims against pension trustees, including claims involving defects with amendments to scheme governing documentation, investment decisions (including in the wake of the liability driven investment (LDI) crisis) and member overpayments and underpayments.

Suffice to say we have vast experience in this area with 100+ dedicated professionals and financial risk lawyers across our UK and Asia offices. In addition, as part of Global Access Lawyers we work closely with specialist insurance advisors across the USA, Canada, Australia, France and the Netherlands as required. 

For more information as to how we can help you specifically, please get in touch.