Offshore

We are engaged in the full spectrum of work from coverage disputes in offshore jurisdictions to monitoring all aspects of litigation, arbitration and regulatory investigations.

This often involves advising on complex coverage issues and engaging with local lawyers and other professionals on behalf of insurers to ensure efficient and cost-effective management of claims.

Our lawyers are currently working on some of the most commercially sensitive matters involving claims in offshore jurisdictions against financial institutions, corporate service providers, traditional professionals and other corporates.

We are frequently engaged to assist in the most high-profile claims in:

• Bermuda
• BVI
• Caribbean
• Cayman Islands
• Cyprus
• Gibraltar
• Guernsey
• Jersey
• Luxembourg
• Isle of Man

Through our work in this area, we have developed longstanding relationships with professionals in all of the above jurisdictions to ensure a seamless service to insurers.

We also assist insurer clients in all aspects of policy drafting across the offshore sector.

Featured experience

• Advising a tower of London Market Insurers regarding policy response following the collapse of a £100m Guernsey Trust Fund. This claim involved working with various stakeholders in multiple jurisdictions to resolve the matter by way of mediation in Jersey.
• Acting as monitoring counsel for Excess Layer Insurers in respect of a Cayman Islands arbitration concerning alleged negligence by a firm of offshore accountants.
• Advising a global programme of insurers regarding policy response following the collapse of a Gibraltar based financial institution.
• Providing coverage advice in respect of a Guernsey Financial Services Commission investigation into a director who had been heavily involved in a network of offshore companies with links to the Syrian and Azerbaijani ruling families. We engaged with various global law enforcement agencies to provide advice to insurers regarding policy avoidance.
• Representing Insurers in a Class Action claim against an offshore Corporate Service Provider who acted as a Note Trustee in what transpired to be a fraudulent Ponzi Scheme.
• Advising insurers on coverage and thereafter monitoring a claim in Cyprus following the collapse of a large financial institution.
• Assisting a tower of London Market Insurers following a large multi-year fraud committed by a solicitor in the Isle of Man.