In the event of natural catastrophes such as floods, earthquakes and hurricanes, or man-made disasters including fires, explosions, mechanical breakdowns or workplace accidents, policyholders often face considerable first-party losses. We assist policyholders to recover the full extent of their covered loss under their insurance policies, including reinstatement or replacement costs of lost or damaged property.  We are market leaders in business interruption, and can assist to ensure that consequential losses arising from property damage are recovered in full.

Our expertise covers complex and catastrophic losses in the heavy industry, manufacturing, construction and energy sectors, often involving multiple parties, insurers/reinsurers and jurisdictions.

Our experience includes:

• Representing a property investment vehicle in relation to disputed claims arising from subsidence and water bank erosion at various commercial properties.
• Advising a Saudi petrochemical joint venture company in relation to coverage of property and business interruption losses estimated at $160m flowing from a cracked engine turbine
• Representing an educational institution in relation to significant property damage arising from the controlled explosion of a second world war bomb
• Advising on coverage of a $250m claim arising from a catastrophic explosion at a petrochemical processing plant in the Gulf of Thailand
• Advising on coverage of a $30m property and business interruption loss arising from a defective wind turbine supplied by a Danish manufacturer to an operator in Southeast Asia
• Acting in a $150m coverage dispute over widespread property damage caused by the 2010 ‘red shirt’ riots in Bangkok, involving political violence and all risks policies
• Representing multinational automotive and technology manufacturers in claims valued at more than $700m arising from the catastrophic 2011 Thai floods.