Overview
Advising on property claims for more than 25 years, our team have the specialist skills and experience required to manage even the most complex property claims.
As these first party property claims usually involve significant losses, they require a different approach to general property claims. These claims often involve the delicate balance between an insured – who is seeking reassurance that the loss is indemnified – and the insurer who must consider the scope, exposure, reserving, future underwriting, and re-insurance.
In addition to our technical expertise, our team work hard to build respect with relevant stakeholders – including the insured, broker and loss adjuster – to ensure the best decision is made in relation to the policy response, and that the decision is accepted by the parties impacted by it.
Together with our specialist and comprehensive knowledge of the Insurance Contracts Act 1984 (Cth) and of policy provisions and exclusions, we rely on our strong reputation in the broader market and effective communication to achieve positive results for our clients.
Our subrogated property and recovery team is highly experienced and includes dedicated recovery specialists who have achieved exceptional outcomes for insurers – including $20 million in recoveries in just two actions.
We have acted in some of Australia’s largest subrogated claims for insurers across a wide range of policies – including construction (material damage), industrial special risks and general property. These claims generally arise after we have acted for insurers with respect to the initial loss and provided advice on recovery prospects.
