Provided by Lockton Companies, Inc
THE INTANGIBLE ASSET & CONTINGENT RISK PRACTICE, OR IACR of Lockton Transaction Liability has been uniquely built to harness the expertise of its leaders and their experience creating bespoke risk transfer solutions at the intersection of financing, legal risk, and insurance. The IACR team helps clients both manage and mitigate complex risks, and also monetize and optimize the use of intangible and contingent assets.
The IACR team has substantial experience structuring and placing all types of litigation insurance policies. We are market leaders in helping our large corporate and law firm clients use insurance capital to solve the financial impact caused by litigation. Whether we are helping a client place a complicated adverse judgment policy or helping them lock in the value of a trial victory using a judgment preservation policy, we are a best-in class team of former lawyers and finance professionals who excel and coming up with creative structures to help our clients solve their insurance needs.
Our team particularly shines when clients are dealing with multiple litigation matters simultaneously. In these situations, the financial impact to a litigant can be complex and uncertain. Our team excels at creating bespoke insurance solutions to provide an element of financial certainty in the midst of legal and structural complexity.
Provided by Chambers
Lockton is a large insurance brokerage firm widely regarded as a leading advisor on contingent and litigation risk insurance products in the US.
Provided by Chambers
Michael Perich is head of litigation insurance at Lockton. Previously at a leading litigation funding firm, Perich is known as a key litigation insurance broker.
He is very detailed and focused. He is a broker who is very proactive to make sure the deals get done well. He is conscious of reputation and goes the extra mile.
Michael is very knowledgeable and knows what is being offered. He is one of the faces of this burgeoning market. He is at all the conferences and has a good reputation.
Michael is personable, and very aware of what is going on in the market. He has the benefit of having been a funder then a broker before his insurance work, so he really knows his way around.