PROPERTY / BUSINESS INTERRUPTION

Our team acts for Australian, London market and international insurers in relation to first party losses arising in a range of industry settings. In addition to advising on coverage and claims adjustment Lee & Lyons has conducted several significant subrogated recovery actions. Members of our team possess formal accounting qualifications providing the capability to manage more complex business interruption claims.

Examples of our work including current retainers:

• Representing insurers in respect of a $20 million dollar business interruption claim arising out of the failure of a catalytic cracker at an oil refinery.
• Advising underwriters of an aluminum smelter in relation to a $15 million subrogated recovery action against a Japanese based plant and machinery manufacturer.
• Advising London underwriters on coverage issues relating to claims for damage and business interruption lodged by a food wholesaler arising from hail storms.
• Advising plant and machinery underwriters on coverage issues relating to a repair and business interruption claim arising from damage to a large crane.
• Advising insurers on coverage issues in respect of a claim arising from the substantive failure of a gas pipe line in New Zealand.
• Acting on behalf of an ISR insurer in relation to a $20 million claim arising from fire at a chocolate factory including addressing possible recovery opportunities.
• Recently defended a major insurer in respect of a shed collapse in WA caused by high winds and advised on the reasonable precautions and reckless conduct provisions of policy wording.