Managing Partner: David Pryce
Number of partners: 5
Number of other lawyers: 5
Fenchurch Law was the first law firm in the UK to specialise exclusively in acting for policyholders to resolve disputes with their insurers. Founded in 2010, the firm has enjoyed year-on-year growth and, with ten specialist coverage lawyers, now offers the largest team in the UK dedicated to providing coverage advice to policyholders. The firm never acts for insurers, so the firm is always conflict-free to resolve any coverage dispute with any insurer. Whilst ‘boutique’ in size, the firm’s reputation for ‘punching above its weight’ means it regularly receives referrals from other professional advisors (including top-tier brokers, Magic-Circle law firms, loss assessors, accountants and property professionals, amongst others) to act in high-value/complex disputes against all of the leading insurer-side law firms.
PRINCIPAL AREAS OF WORK
For Policyholders: Fenchurch Law’s core purpose is to act for policyholders when an insurer has refused to provide the cover a policyholder is entitled to. Many of the team have backgrounds of working within the London insurance market (for insurers, brokers and leading insurer-side law firms), enabling them to provide pragmatic and commercially sound coverage advice to any type of client, in order to ensure the best possible result is achieved in any coverage dispute. Since its inception in 2010, the firm has recovered well over £100m in insurance settlements for policyholders. It is instructed in high-value/complex disputes involving insurance policies including professional indemnity, D&O, crime, cyber, W&I, construction all risks, products/public liability, property/BI insurance, building defect guarantee, amongst others.
Insurance Brokers: Fenchurch Law assists insurance brokers throughout the UK in providing outstanding claims service to their policyholder clients. From its office in the heart of the London insurance market, the firm is retained by brokers throughout the UK and abroad to provide advice on coverage disputes involving their policyholder clients. Fenchurch Law offers a free-preliminary review to any broker of any declined claim. As a consequence of its experience in resolving coverage disputes, the firm also advises brokers and their policyholder clients on the wording of insurance policies in order to prevent disputes from arising wherever possible.
Fenchurch Law is regularly instructed in disputes with an international dimension, and can provide advice to any policyholder, anywhere in the world, with an insurance policy governed by English Law. Where any given dispute turns on a matter of foreign law, the firm has developed strong working relationships with coverage specialists in other jurisdictions, and is often instructed in a ‘monitoring’ capacity to coordinate disputes spanning multiple jurisdictions involving multiple law firms. International clients of the firm include foreign domiciled corporations, non-UK law and accounting firms, offshore pension trustees/fund managers/hedge funds and high net worth individuals domiciled abroad.
Fenchurch Law advises a wide range of clients including global multinationals, corporate officers, professional advisors, not-for-profits and high net worth individuals. Many of the firm’s clients have gone on to refer their own clients/peers to Fenchurch Law.