Political Risk, Trade Credit and Political Violence
Our global team is able to assess the impact of the full spectrum of political risk, trade credit, and political violence and manage your response to complex and sensitive events worldwide. We work on global and cross-border issues, advising on coverage, disputes, and recoveries.
We have extensive experience of advising in adjustments and disputed claims across CEND (Confiscation, Expropriation, Nationalisation, and Deprivation) cover. We also advise regularly on contract frustration, non-honouring, forced abandonment, and selective discrimination.
Our team has successfully represented insurers across the full range of trade credit products, including single situation/ buyer, structured trade credit, whole turnover, and excess of loss policies.
We have advised insurers in relation to policies covering investment and/or trade across the globe, combining global expertise with local presence and insight. Our broad international reach reflects the global and dynamic nature of terrorism and political violence and means we can advise on claims, policy wordings, and reinsurance contracts in this space.
Alleged losses falling to political risk, trade credit, and political violence policies are rarely straightforward. Our team's experience of claims, wordings, and recoveries in these markets mean that we can identify the issues and provide quick and effective advice.
- Representing political risk insurers in an LCIA arbitration against a US-based oil services company regarding claims connected to the expropriation of assets in Venezuela by the Chavez government.
- Advising political risk insurers in relation to the alleged judicial expropriation of an oil industry investment in a West African country.
- Representing trade credit insurers in an LCIA arbitration against a European bank regarding numerous alleged non-disclosures including an obligor's trading practices with Iran in alleged breach of US sanctions.
- Representing trade credit insurers in an LCIA arbitration against both a German bank and a European forfaiting company related to nondisclosures/ misrepresentations as to the terms and form of their funding to a large Mexican shipping company.
- Advising London market reinsurers on coverage regarding renewable energy alleged losses arising from Russia's invasion of Ukraine.
- Advising London market reinsurers on coverage under a Terrorism policy regarding property damage and business interruption claims following alleged terrorist acts to a mine and production facility in a French-overseas territory.
- Advising a leading UK insurer on its reinsurance wording in light of the Westminster Bridge and London Bridge terrorist attacks in 2017.
We provide specialist advice for insurance companies on the procurement and use of enterprise technology solutions, to include telematics, data analytics, and AI.Learn more
Aviation and aerospace
With significant global aviation expertise, we offer high-quality, specialist and cost-effective advice on any aviation-related insurance issues you face.Learn more
Civil Liberties, Public Bodies and Specialist Liability
With many years' experience acting for the public and private sectors in these complex, and sensitive areas, we offer expert advice across discrimination and Equality Act claims, abuse and social services claims, unlawful detention, and Deprivation of Liberty claims (DoLS).Learn more
Construction and Engineering Disputes
Our highly experienced global team delivers a consistent, quality claims experience across the full range of construction and engineering risks.Learn more
Contingency and Event Cancellation
As leading lawyers in the insurance sector, we can advise on any issues relating to contingency claims and event cancellation/non-appearance claims.Learn more
We deliver costs expertise for you with deep experience and use of knowledge that underpins our whole business.Learn more
Our Counter Fraud team is the most digitally advanced in the UK with huge strength and scale comprising of 100 lawyers in all UK jurisdictions.Learn more
Cyber and Data Risk
We provide a full-service solution, tackling the full spectrum of cyber and data risks faced, and insured, by our insurance sector clients.Learn more
D&O and Financial Institutions
Our extensive experience from across the globe covers both financial institutions and commercial Director & Officers (D&O) matters.Learn more
Employment Practices Liability
Our market leading employment practice includes a specialist Employment Practices Liability (EPL) team who support UK and global insurersLearn more
As a firm with insurance at the heart of its business, we understand the regulatory challenges faced by insurers, brokers and distributors.Learn more
Our market leading team acts for primary and excess insurers and reinsurers in London, Europe, Bermuda and the US.Learn more
Our market-leading Casualty team acts for composite insurers, London market and run off insurers, providing deep and broad expertise across England, Wales, Scotland and Northern Ireland.Learn more
International Personal Injury
As a full-service law firm with global reach, we are market leaders in all aspects of international personal injury.Learn more
Our specialist Legal Indemnities team advises on claims against all types of legal indemnity policies. We also provide a claims-handling service.Learn more
Our life sciences team advises many of the UK’s leading pharmaceutical companies, medical device, software, and AI manufacturers, as well as consumer healthcare suppliers and their insurers.Learn more
Marine, Energy and Transport
Our marine, energy and transport insurance practice has global expertise to advise you with practical and commercially focused advice.Learn more
Our specialist insurance lawyers make up one of the largest national motor teams in the UK.Learn more
As a market leading specialist with a truly international platform, we advise the insurance sector on all product governance and policy wordings to help manage your risk.Learn more
Political Risk, Trade Credit and Political Violence
We advise on the physical and financial impact of political risk, from war and terrorism to nationalisation, confiscation, expropriation and deprivation.Learn more
Product liability, safety and recall
Our experts advise on all aspects of product liability, safety and recall and can help you manage the full range of risks involved.Learn more
Our leading professional liability team maintains an unparalleled reputation for protecting the interests of professional services firms.Learn more
We act for market leaders across sectors as diverse as commercial, residential, real estate, local authority, retail, hospitality, manufacturing, construction, energy and waste management. Our team is experienced in policy coverage disputes, subrogated recoveries, defence of property damage claims and reinsurance disputes.Learn more
With a unique position in the reinsurance market, as long-term trusted advisers for the insurance sector, we deliver innovative solutions with a commercial perspective.Learn more
Our strategic advisory team uniquely offers market insight on reforms together with commercial and regulatory advice in the claims space.Learn more
What our clients say
Paul Baker is a formidable lawyer who knows his way round his cases incredibly well.
The Legal Review 500 UK, 2022
Duncan Strachan is always very responsive to any queries and is available to assist on very short notice in urgent matters.
Chambers and Partners, Global, 2023
Political Risk, Trade Credit and Political Violence key contacts
There are no matching people, please try a different filter.
+44 (0)20 7894 6245
+44 (0) 207 894 6876
Santiago de Chile
Santiago de Chile
+56 2 2207 4455
+34 91 781 6300
+65 8608 0150
Who we are
Why choose DAC Beachcroft?
We’re a broad-based commercial firm serving a wide range of sectors with a strong heritage in insurance,
health and real estate. We combine excellent legal skills and cutting-edge delivery expertise to design
solutions that fit the needs of our clients – often involving clever uses of technology.
DAC Beachcroft is recognised as a pre-eminent advisor to the insurance market, and we place a strong emphasis on the long-term relationships we build with you so that we can really add value to your business.Learn more
Health and Social Care
DAC Beachcroft is regarded as market leaders in the provision of corporate, commercial and regulatory legal advice to healthcare providers.Learn more
With 170 lawyers we are one of the largest Real Estate legal teams in the UK. Our extensive network gives us national, regional and local knowledge and access.Learn more
We regularly advise product designers and manufacturers, trade bodies, and retailers, distributors and venture capitalists looking to invest in the financial services sector.Learn more
As long-standing and trusted advisers in the technology sector, we deliver pragmatic and innovative solutions that empower you to make informed decisions about how best to maximise your success.Learn more