We have a proven track record with respect to first-party property claims. We have provided advice involving many and varied discrete coverage issues and have acted in a significant number of disputes (litigated and un-litigated) with insureds. This experience extends to in-depth consideration of coverage issues regarding all wordings including contract works, ISR (Mark IV and Mark V) encompassing scope of cover, insurable interest, rectification versus indemnity, issues of reasonableness, business interruption, dual insurance, basis-of-settlement issues, breach of policy conditions and other disentitling behaviour having regard to the Insurance Contracts Act.
We have managed fraudulent claims and are involved in many multi-million dollar losses arising from insured events including fire, explosion and natural disasters such as cyclones. We also act in relation to damage sustained to personal property involving heavy equipment and machinery (e.g. whether used in compliance with manufacturer’s operational requirements or guidelines), often in the mining, construction and infrastructure sections of the economy.