Risk Managers
Our risk management group regularly advises
our commercial clients, financial institutions and insurance market
participants on the extent to which insurance and alternative means
of risk transfer can be used as a means of managing particular
risks. In a market characterized by unprecedented volatility, the
legal and regulatory issues surrounding insurance matters are of
critical concern. SNR Denton’s Risk Management lawyers work
closely with corporate risk managers, their brokers, senior
management and corporate counsel on significant insurance and
reinsurance matters, including matters of self-insurance,
protection of policyholder collateral, direct procurement, workers’
compensation, premium allocation and taxation, claims handling,
risk retention and risk purchasing groups, domestic and off-shore
captive facilities, and other strategic insurance matters. We
review and negotiate agreements relating to commercial insurance
programs. Our aim is to ensure that the risk transfer is
robust and the coverage protects the relevant interest to the
maximum extent possible.
Our lawyers are particularly experienced
with issues related to financially impaired companies, including
insurer insolvencies, disengagement transactions, voidable
preferences, fraudulent transfers, recoupment, the reduction/return
of policyholder collateral, proof of claim submission and guaranty
fund protection. Our in-depth understanding of the state and
federal regulatory environments, combined with our overall
insurance industry and corporate expertise, allows us to provide
strategic counsel to our risk management clients. At SNR Denton, we
undertake a wide range of due diligence work in connection with
commercial insurance arrangements required as part of a lender's
security package, or in connection with large-scale technological,
transport, construction and infrastructure and trade finance
projects. Our clients include international financiers,
government agencies, and companies across a range of sectors and
service lines. Our experienced team operates across the full
range of our international network to deliver swift solutions that
address the legal, practical and business issues our clients face
in today’s unpredictable insurance marketplace, making us the go-to
international law firm for risk management needs.
Areas of Focus:
- Loss Portfolio Transfers
- Policy Buy-Backs and other Disengagement
Transactions
- Domestic and Off-Shore Captive
Facilities
- Insurance program reviews
- Policyholder Collateral
- Premium Plans
- Coverage and Litigation Exposures
- Global Corporate Insurance Programs
- Enterprise Risk Management
Initiatives