Professional and financial risks insurance is designed to cover a range of industry-specific risks. The cover is provided in a suite of separate policies or in broad policy wording where the insured selects the components of cover required, depending on the risks faced by the insured.
Professional and financial risk claims are often complex and can involve significant financial and reputational consequences for the insured. This can lead to tension between the insurer and the insured.
Our approach
The provision of empathetic and responsive legal expertise at a very early stage is a key part of Meridian’s value proposition.
Our experienced team of senior practitioners focuses on delivering a service that balances compassion and empathy with an early and impartial assessment of the potential liability of the insured. We work collaboratively with the insured and insurer to devise and implement an agreed defence strategy to achieve the best commercial outcome.
We deliver a consistent, considered, and cost-effective approach to the defence of professional and financial risk claims.
We also advise insurers on indemnity in professional and financial risk claims and regularly act as coverage counsel and monitoring counsel.