Proskauer - Insurance Recovery & Counseling

Eleven Times Square (Eighth Avenue & 41st Street)
New York, NY 10036-8299, United States

  • 212.969.3000
  • 212.969.2900

Practice/Organization Description

The management and insurance of risk is a critical function of every business. The lawyers in Proskauer’s Insurance Recovery & Counseling Group have extensive experience in every stage of the process, including selecting and negotiating coverages, structuring insurance programs, preparing and negotiating claims and litigating insurance coverage to maximize recovery for our clients.

We are highly skilled in all areas of insurance ranging from general liability and product recall to property damage and business interruption, and from directors and officers and professional liability to employment practices and fiduciary liability. We commonly handle matters concerning bonds, financial guaranty insurance, warranty programs and political risk coverages for transactions around the world, as well as insurance due diligence and analysis for corporate sales and acquisitions.

Our advice extends to every industry. We routinely counsel companies in manufacturing, transportation, real estate, financial services, consumer products, entertainment, sports and retail as well as private equity funds and major law firms and accounting firms. We advise on policy language, program structure and negotiations, use of captives and alternative risk vehicles and claim evaluation.

Where litigation is necessary, we are among the best. We have been involved in some of the largest and most high-profile insurance cases and have obtained billions of dollars of recoveries for our clients. In addition to state and federal courts across the U.S., we handle insurance and reinsurance arbitrations around the world, particularly in major insurance centers like New York, London and Bermuda.

Our lawyers are recognized leaders in the insurance field and have been cited by top legal directories such as US Legal 500 and Chambers USA, which called us “the best of the best when it comes to representing policyholders in disputes” and praised us for our overall strength and the “strategically focused and sophisticated manner” in which we handle insurance matters.

Areas of Focus

Policy Negotiation and Analysis

Captive Formation

Claims Development and Negotiation

Litigation, Mediation and Arbitration

Advice to Boards of Directors on Insurance Issues and Risk Management

Coverage Experience

General Liability

Property and Business Interruption

Directors and Officers

Errors and Omissions

Employment Practice Liability

Fiduciary Liability

Political Risk

Environmental Liability

Product Recall

Bankers Bond

Media and E-Risk Liability

Marine

Areas of Practice
  • Insurance
Locations
Other U.S. Locations
  • California
  • D.C.
  • Florida
  • Illinois
  • Louisiana
  • Massachusetts
  • New Jersey
  • New York
Other Countries
  • Brazil
  • China
  • France
  • Hong Kong
  • United Kingdom
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