Insurance & Reinsurance
Insurance Set of the Year - 2015 Chambers UK Bar Awards
Devereux is a recognised leader in the insurance and reinsurance field with recent awards as 'Insurance Set of the Year' and for Colin Edelman QC as 'Insurance Silk of the Year'. Previous years saw an award for Richard Harrison and a nomination for Alison Padfield as 'Insurance Junior of the Year' (Chambers Bar Awards 2014). Indeed Colin Edelman QC has been consistently recognised as 'Insurance Silk of the Year' by Chambers Bar Awards over the years, also winning in 2010 and 2007. Colin is deservedly recognised as pre-eminent in his field and is alone named as the 'Star Individual' by Chambers UK.
We have extensive experience of the operation of the Lloyd's and companies' markets and are frequently involved in the most significant cases in the field. We also act as advocates or arbitrators in insurance and reinsurance arbitrations, including international arbitrations. We undertake work involving all aspects of insurance and reinsurance related disputes, including the construction of policy and treaty wordings, breach of warranties, avoidance for non-disclosure and misrepresentation, fraud, aggregation, notification, affirmation, waiver and estoppel, claims co-operation and control clauses, follow settlements clauses, subrogation and contribution. Work with an international dimension includes jurisdictional disputes and Bermuda Form arbitrations. We also advise in relation to compliance with statutory and regulatory provisions, such as the FCA's Insurance Conduct of Business Sourcebook, and other non-contentious work (including policy drafting and review). The depth and breadth of expertise offered by Devereux is reflected in the leading directories.
We act for insurers, reinsurers, policyholders, brokers, other services providers within the insurance and reinsurance industry and third party claimants. The breadth of our practice areas is a key asset. Our experience of complementary areas of work such as professional negligence, employment, personal injury, tax, sport and pensions provides a distinct advantage in disputes involving professional indemnity insurance, all forms of liability insurance, permanent health insurance (PHI), sickness and accident claims, claims under the Third Parties (Rights Against Insurers) Act and cases involving the Motor Insurance Bureau (MIB). Exposure to a broad range of work means that our junior tenants gain extensive experience of all aspects of oral and written advocacy at an early stage.
Publications written by members of Devereux include Insurance Claims by Alison Padfield (3rd edition 2012) and Law of Reinsurance by Colin Edelman QC and Andrew Burns QC (2nd edition 2012) as well as a wide range of legal articles and papers. A paper by Colin Edelman QC and Richard Harrison was relied upon by an alliance of the UK insurance industry, consisting of Mactavish, Lloyd’s, the LMA, IUA, ABI, BIBA, LIIBA and AIRMIC, in the House of Lords debate on proposed amendments to the Insurance Act 2015. In November 2013 members of our insurance team spoke at the Insuralex Global Insurance Lawyers Group Conference in Bermuda on "the Insurability of Fines and Penalties" and "Aggregation in the Reinsurance Context."