What We Do

Acted for a large public company that owns hundreds of hospitality and entertainment venues that required its losses to be assessed for a legal action. The extent of the policy coverage was in dispute, but the losses suffered were in excess of £1bn. 

Our ability to handle extensive data sets was crucial in analysingallowed the analysis of the Bbusiness performance (at a daily level) in the format necessary to be done in ways needed for the insurance claim that was not part of the standard reporting format for the Bbusiness. We also , and provided the client and its legal team with a range of “but for” scenarios over the long indemnity period. 

Acted for a global Hotel business, we assessed the losses for 14 major properties across the globe by reference to a short indemnity period under the policy. We worked in parallel with the business to evaluate the losses in different jurisdictions with unique pandemic and local impacts but all under a UK policy wording. We were not only reporting to the client but assisted them in reporting to other stakeholders who had business interests in some of the properties. Value approx. £50m. 

Instructed by a leading policyholder law firm to act for a UK Hotel group with some 19 hotels. Our assessment of loss was used in early stages of legal action after which we engaged with forensic accountants acting for insurers and collaborated in the mediation where the matter was settled. Value approx. £35m. 

Appointed by a large pharmaceutical company who suffered a significant BI loss following a production line incident. Insurers did not consider there was a valid claim and invoked several policy exclusions and limitations. We developed arguments to demonstrate that a valid insured incident had occurred, and we quantified and supported the claim such that insurers settled the claim with a payment in the order of £20m. 

Assess of the material damage and consequential losses resulting from deep level tunnelling by a utility company that severely damaged a conduit for a large telecommunication company. This resulted in significant service disruption for a large number of public and business users. Our client received a substantial counterclaim for the additional costs incurred by the utility company, which we were able to defeat. The damage in terms of the fabric of the conduit and consequential loss was considerable, and we were able to support the client in the decision-making process as well as at mediation where our ability to analyse in excess of 40m phone records was fundamental in obtaining fair compensation for the losses caused and abandonment of the counter claim. 

Acted for clients in Dubai on losses caused by Covid 19, having previously acted for them after a serious shopping mall fire. They suffered losses not only as the manager of the mall where there was lost rental and service charge income, but also for their own brand businesses that were damaged by pandemic. Value £10m+. 

Another global telecommunication company uses our expertise to check and develop the anticipated loss modelling for the limits used in their windstorm parametric insurance program. 

Represented a global resin bead manufacturer who suffered substantial production loss and financial damage to a critical chemical recovery container which was cracked by a spanner dropped by a negligent contractor during annual maintenance. 

Oil Pollution – From our dominant position representing the majority of the member of the fishing and tourist industries in the Braer and Sea Empress oil tanker disasters we subsequently represented those affected by pollution from the Erika and Prestige and more recently the Wakashio events. Since our early involvement in 1993 we have used our experience in financial loss assessment to influence the IOPC (International Oil Pollution Compensation Funds) in its interpretation of the manner and scope of the losses suffered such that the current claims manual of the IOPC is largely as a result of the manner in which we presented the claims. 

Compensation Schemes – Our experience also covers the design, build and operation of the Medical Assessment Scheme for Miners run by the Department of Trade and industry that delivered compensation to some 580,000 miners. Following the Dunblane tragedy we represented the firearms industry as well as advising the Home Office during the Hand in Scheme for Firearms and accessories following the Firearms Amendment Act 1997