Financial Lines Financial Lines

Financial Lines

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In a world where businesses of all sizes are governed by an increasingly complex web of regulations, things can still go wrong. At these times, you need advice from a team of legal experts who are specialists in defending claims under financial lines insurance policies.

Our Expertise

At Barry.Nilsson., we understand the complexity of financial lines insurance, based on over 25 years’ experience working in all industries and advising our clients on:

We can assist you with:

  • Claims
  • Investigations
  • Inquiries
  • Disciplinary proceedings
  • Public hearings
  • Prosecutions
Our Approach

When we act as defence counsel in a financial lines matter, we take a collaborative approach with the insurer, insured and broker to manage expectations and achieve optimal outcomes.

It is important that policyholders have a positive claims experience, whether they are professionals, directors or company officers, and especially if they are involved in a claim for the first time.

For these reasons, our aim is to provide the insured with the comfort that comes from knowing they are being protected.

In addition, we always consider the consequences of settlement options from the insured’s perspective, including in relation to issues such as:

  • Deductibles
  • Advancement of defence costs
  • Effect of claims history on:
    • subsequent premiums
    • commercial reputation
    • commercial relationships.

As a result, we often receive repeat instructions from insureds.

Our Clients

We have been appointed to the panels of many major insurers, who trust us to handle complicated and portfolio-significant claims effectively and cost-efficiently. Our clients know that we provide an outstanding service, irrespective of a matter’s size or complexity.

We receive instructions from the London market, including Lloyd’s syndicates, as well as from AIG, Calliden Insurance Limited, Chubb, IAG, LGM Queensland, Lexon Insurance, Suncorp Group and QBE.