The insurance industry is primarily centred on mitigating risks, parties are usually in need of savvy, experienced legal counsel to manage their risks so their businesses can grow and thrive. Underwriters and Insurance companies are often time faced with complex regulations and increasing litigations, these being just a few of the challenges they face. Therefore, they need counsel with deep industry knowledge who can help them meet the demands of this fast-paced, high-stakes industry. The firm also assists to adjust and mitigate losses on the part of the insurers and the insured through intelligent appraisal of the developments in the industry.
Over the years, the Claritas LP Insurance team has offered advice and services to clients in diverse areas of the insurance business such as negotiation of claims and claims adjustments, litigation, insolvency, regulatory and transactional matters, issues involving property and casualty, life, health and welfare, fiduciary errors and omissions, liability, title, or workers’ compensation insurance. We also offer comprehensive advice on policy coverage and procurement, loss mitigation strategies, dispute resolution, regulatory and compliance issues, technology matters, tax questions, insurance investment management and dispositions, and insurance carrier and agency acquisitions and divestitures.
We work with risk and underwriting managers, general agencies, and third-party administrators to assess areas of potential liability inherent in their businesses, and we review current and proposed policy wording and provide guidance in procuring appropriate insurance coverage.
We assist insurance companies, third-party administrators, and other insurance businesses and professionals in covering related legal needs across virtually all insurance lines.
We provide M&A, transactional, regulatory, and market conduct compliance services as well as litigation, public policy, and insolvency counsel to publicly and privately held insurance entities. The Claritas Insurance team offers its invaluable expertise to clients who wish to maintain insurance suits in court against their insurance companies. We also assist insurance companies in their corporate affairs and help them shape the products they sell.
