Financial Lines Financial Lines

Financial Lines

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.

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

Our recognised financial lines expertise has led to our appointment and re-appointment to many major insurers’ legal panels. We’re trusted with more complex and portfolio-significant claims, including instructions from the London market, and are appointed more nationally in schemes, broker relations and costs reduction initiatives. Our lawyers have assisted clients based in Australia, New Zealand, the United States, Singapore, South Korea and Japan.

Need assistance?

Submit an enquiry online and we will be in touch as soon as possible, or call one of our national offices directly.