Our financial lines practice focuses on assisting policyholders in all sectors to navigate coverage of first- and third-party financial and professional risks, including:

• Directors and officers (D&O) liability
• Professional indemnity
• Cyber
• Warranty and indemnity
• Trade credit
• Political risk

Where necessary, our policyholder disputes team works with specialists in our dedicated insolvency, fraud, tax, and investigations practices to provide a seamless service to policyholders facing regulatory investigations, cyber incidents and associated coverage issues.

Our experience includes:

• Representing the directors of a Russian conglomerate facing criminal and civil proceedings in various jurisdictions, whose claim for indemnity under their D&O policy had been declined for sanctions reasons
• Advising the liquidators of a New Zealand insurance company on the availability of London market D&O and public offering of securities insurance (POSI) limits to meet claims against the directors
• Acting for the executives of a suspended retail investment fund in arbitration proceedings over the coverage of defence and regulatory investigation costs
• Advising an investment manager over coverage of mitigation costs incurred in response to HMRC’s declassification of an Enterprise Investment Scheme (EIS) investment scheme
• Representing a sanitary products conglomerate against its insurer in relation to improperly declined claims under a trade credit policy