McGuireWoods has a long history of representing corporate policyholders on insurance matters of all kinds and helping our clients get the most from their insurance programs and policies. Our Insurance Coverage and Recovery team represents companies in many industries, including pharmaceutical and healthcare, energy and utility, financial services, manufacturing, food and beverage, retail, and the real estate industry, among others, and we are well-versed in all lines of coverage.
We know every aspect of insurance, from advising clients on appropriate coverage and risk management strategies, to pursuing and managing claims, to litigating coverage disputes wherever and whenever it is necessary. We represent our insured clients in complex, oftentimes bet-the-company, coverage disputes with their insurance companies.
We combine our extensive insurance recovery experience with the premier trial and litigation capabilities for which McGuireWoods is well known. The deep bench of lawyers in our Insurance Recovery Team regularly litigate high-profile, large exposure insurance coverage actions in state and federal courts nationwide. They also have substantial experience representing policyholders in high-stakes international insurance arbitrations in Bermuda, London, Singapore, and other leading arbitral venues, as well as litigation in London in respect of policies subject to both English and US law.
We serve as trial counsel across insurance claim categories, including first- and third-party claims, and in matters involving captives and self-insurance. Our established willingness to pursue claims through trial increases our clients’ opportunities for early settlement, and has allowed us to recover billions of dollars for our policyholder clients, including approximately $1 billion per year each of the past three years—through a combination of trials, international and domestic arbitrations, negotiated settlements, and mediations.
We handle disputes and provide counseling over a broad range of policies and issues, including:
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One of our team members was named to The National Law Journal’s Insurance Law Trailblazers list and another is a fellow of the American College of Coverage Counsel. In addition, McGuireWoods was one of only six firms to earn the powerhouse rating for commercial litigation in “BTI Litigation Outlook 2022.”
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