Insurance: Policyholder - Australia
What the Team is Known For
Ashurst's impressive group offers extensive expertise in policyholder work, particularly D&O, warranty and indemnity matters, and is well placed to advise on the placement of insurance for acquisitions, business risk, construction and sustainment. The firm also regularly advises blue-chip insurer clients on a range of non-contentious issues including policy development and insurance M&A. The insurance team are increasingly active in the growing area of cyber insurance law, with experience advising on a range of cyber risk matters and cyber insurance reviews. Ashurst is able to draw on the firm's global reach in order to service international matters.
Work Highlights
Ashurst acted for White Oak Commercial Finance Europe (Non-Levered) in its litigation to recover over A$200 million from Insurance Australia, Tokio Marine & Nichido Fire Insurance, Greg Brereton and Bond and Credit Company, arising from losses it suffered in connection with its investment in a trade debt securitisation programme.
Ashurst advised BMS Group on its recent acquisitions of Bluebook Insurance Brokers, Western United Financial Services, Austbrokers Coast to Coast, Gard Insurance and others.
Notable Practitioners
Rehana Box is widely acknowledged as a standout practitioner in the insurance space generally, and especially where non-contentious issues are concerned. Based in Sydney, she acts particularly prominently on transactional and regulatory matters, including cross-border mandates. "She is exceptional in the insurance regulatory space and very technically proficient." "Rehana is doing an excellent job on the most complex litigation in Australia at the moment, managing the clients and high-level strategic course with counsel for the direction of the case."
