INSURANCE & REINSURANCE

Africorp Legal have a focused insight on insurance and reinsurance law. We act for several major insurers and reinsurers, brokers and other institutions, and are recommended for first-rate advice and representation.

We advise on a wide range of insurance claims and coverage issues, and assist clients in resolving disputes by negotiation, arbitration, litigation and mediation as appropriate. We have particular experience of handling complex and high-value matters, including those involving the analysis and management of large volumes of documentation.

Our lawyers frequently help underwriters to negotiate and draft policy wordings. Sometimes this entails reviewing and adapting existing wordings; on other occasions we are called upon to produce new wordings to suit particular needs. We are often involved where the policy raises issues of particular novelty or complexity. We have particular experience in drafting policies to cover risks of financial institutions generally, and policies which relate to single transactions such as securitizations or construction projects. The firm has reviewed and redrafted standard wordings for financial guarantors.