Our London Market attorneys provide legal services to the London market and their clients. Our attorneys routinely work with London-based insurers, coverholders and brokers, offering a unique combination of insurance experience and localized defense capabilities through our 50 state platform consisting of nationwide litigation and insurance coverage attorneys. GRSM assists the London Market with claims and issues across a broad range of policy forms, including property, cyber, fidelity, commercial crime, marine, energy, commercial general liability, professional liability, employment practice, construction, environmental, directors & officers (D&O), disability, and more.
We have worked with the London Insurance Market for many years, have seconded with syndicates within the London Market to gain first-hand experience within the market, and have developed a thorough understanding of the London Market’s unique history, operating practices, and needs. We appreciate the value of the long-term relationships developed over decades of partnership with the London Market, and value the confidence the London Market places in GRSM to handle nationwide instructions.
GRSM understands the challenges and issues the London Market faces when managing U.S. claims across 50 distinct jurisdictions that impose distinct rules, requirements and risks. Our attorneys provide practical advice and guidance to the London Market that has been developed over our many years working within the London market. We collaborate with insurers in the London Market to tailor a plan for each matter by leveraging an unparalleled combination of both London Market experience, as well as the local experience of our attorneys in every U.S. state and jurisdiction through our 50 state platform. The services we commonly provide to the London Market include the following:
Insurance Defense
We provide comprehensive litigation and business transactions services to public and private companies ranging from start-ups to Fortune 500 corporations. Our national presence provides the London Market a unique opportunity to partner with a single firm of quality lawyers knowledgeable about each client's legal positions and needs in a comprehensive yet cost-efficient manner. We often defend the London Market and their insureds in civil litigation in state and federal courts on all types and sizes of litigation matters, including through trial and appeal.
Insurance Coverage
We partner with market insurers to analyze a broad array of insurance claims, including coverage for both first and third party claims, under policies ranging cyber liability policies to general liability policies to professional liability policies. We assist clients in making coverage determinations, drafting coverage correspondence, administering policy proceeds, monitoring and evaluating underlying litigation, interfacing with defense counsel, participating in mediations, and facilitating settlements. Our familiarity and experience with the diverse risks and industries, ranging from traditional lending to automated securities trading to manufacturing, help domestic and international insurers evaluate novel claims economically and efficiently. When necessary, our practice group litigates declaratory judgment, breach of contract and bad faith claims arising through trial and appeal.
Reinsurance
Our attorneys have represented multiple London Market insurers and reinsurers in coverage, arbitration and litigation matters involving marine and non-marine reinsurance disputes. We have experience advising cedents and reinsurers concerning wording - in both facultative and treaty reinsurance contracts - and providing advice on follow-the-fortunes issues, commutations, allocation, aggregation, number of occurrences, rescission, offset, pre-hearing security, insolvency, contract wording, and fraud. Our team has also arbitrated several Bermuda form arbitrations domestically and abroad.
Claim and Binder Program Monitoring
Our attorneys are routinely retained to evaluate and monitor claims and litigation on behalf of the London Market, including acting as designated monitoring counsel under binder programs.
Insurance Wording Drafting
Our London practice group prides itself as counselors, with a thorough understanding of the business of insurance. Our comprehensive partnership starts with a broad range of non-litigation services, including product development, and policy drafting. We have assisted in the development and drafting of policies and bonds of all types, including first and third party coverages.
Trial Representation
While GRSM does not believe that every claim or dispute should be litigated and prides itself as problem solvers, our attorneys assist in high exposure litigation. When litigation is necessary and again as monitoring counsel, our approach will be to treat such a case with aggressive and comprehensive attention. This provides clients with the basis necessary to determine whether disputes should be settled, litigated, or perhaps mediated or arbitrated. Once a decision is made to litigate through to a conclusion, our trial team assists in the defense of the case to the fullest extent of the law as expeditiously as possible and by the most economical means available.
With our unique London Market experience and unsurpassed network of GRSM attorneys in every state and across all major U.S. cities, we strive to meet every need of our London Market clients, big or small. We pride ourselves on crafting practical and cost-effective solutions for the London Market, and with the 50 state platform can do some more efficiently than any other firm.