McGuireWoods has launched the Pro Policyholder blog featuring insights from the firm’s insurance recovery and coverage team on corporate insurance coverage and related issues, including property damage / business interruption, commercial general liability, cyber, political risk, builders risk, marine cargo, representation and warranty, and an array of manuscripted coverages, as well as all executive risk lines of insurance, such as directors and officers, errors and omissions, crime / fidelity, employment practices liability and fiduciary liability.
The firm’s insurance recovery practice represents companies across industries, including energy and utility, financial services, private equity, pharmaceutical and healthcare, manufacturing, food and beverage, retail and real estate. The team advises a number of clients on political risk, business interruption and other insurance claims stemming from the Ukraine / Russia crisis.
McGuireWoods represents policyholders with virtually all aspects of their insurance needs, including advising on best-in-class insurance policies / programs, risk management strategies, complex insurance issues in mergers and acquisitions and private equity deals, and assisting clients with insurance claims where insurers have reserved rights or denied coverage. The insurance team has recovered almost $4 billion for its policyholder clients, resulting from favorable settlements and, when warranted, jury verdicts and arbitral awards.
McGuireWoods handles disputed insurance claims of all sizes, including high-profile, large-exposure claims in state and federal courts, as well as domestic and international arbitrations. The team’s experience includes high-stakes international arbitrations seated in London, New York, Bermuda and other venues, administered under international rules of arbitration (International Centre for Dispute Resolution, United Nations Commission on International Trade Law and others) and governed by various state and foreign laws (English, German, Swiss and New York, among others).