Insurance Recovery

Reed Smith’s Insurance Recovery Group is a global, policyholder-focused practice advising some of the world’s largest companies on high-stakes insurance disputes and recoveries. Our lawyers deliver strategic and practical guidance on clients’ most significant matters, drawing on deep experience across the insurance coverage landscape.

Our cases range from catastrophic property losses and “bet-the-company” products claims to securities litigation and cyber losses. Whether negotiating coverage for emerging liabilities or facing off at trial or arbitration in London, Los Angeles or other venues worldwide, we derive maximum value from your insurance assets. You can rely on Reed Smith’s market-leading insurance coverage lawyers to efficiently analyze your company’s issues and recommend a concrete plan of action.

We can assist you in all aspects of the insurance recovery process:

Reviewing insurance policies
Assisting with due diligence on corporate transactions
Advising on claim presentation
Securing forensic accounting and other expert assistance
Assuring compliance with statutory and policy deadlines and obligations
Negotiating partial or interim payments
Advocating your legal position
Negotiating, mediating, arbitrating or litigating the claim as necessary

Our goal in each matter is to achieve the right result and maximum recovery for you, with minimum expense. We do this within negotiated budgets, often pursuant to alternative fee arrangements.

We have obtained significant insurance recoveries for claims involving:

Securities class actions and derivative lawsuits
Cyberliability and hacker attacks
Man-made environmental disasters
Natural disasters
Alleged financial fraud and theft
Explosions at manufacturing plants
Intellectual property violations
Opioid lawsuits
Asbestos-related claims and other toxic tort suits
Advertising and social media
Statutory liabilities under the FCA, TCPA, and FCRA
Employment discrimination
Construction liabilities
The global subprime mortgage crisis
And much more

“The department’s knowledge in insurance coverage and bad faith litigation is unparalleled in the industry.”
Chambers USA (Colorado), Insurance

“The team adeptly advances creative and novel theories to maximize policy holder recovery. Their performance during oral argument in litigation is flawless. Relentless in mediation to maximize recovery.”
Chambers USA (Illinois) Insurance: Dispute Resolution: Policyholder

“Reed Smith demonstrates an unfailing attention to detail and a relentless drive to deliver first-rate work product, often under tight time constraints.”
Chambers USA (Pennsylvania), Insurance

“Reed Smith have in-depth insurance expertise with a deep understanding of nuanced causes of loss. They are commercial yet tough, deeply technical and have deep bench strength across the team.”
Chambers UK, Insurance: Mainly Policyholders

“Reed Smith is internationally recognised for its contentious insurance practice. The law firm stands out for its transatlantic capabilities, with market-leading teams situated in both the USA and UK.”
Chambers Global, Insurance: Contentious