High net and ultra-net worth individuals have specialist and often complex insurance requirements necessary to protect high value assets such as homes, cars, boats and yachts, jewellery, watches, property portfolios and antique/art collections.
Edwin Coe’s insurance team regularly works with policyholder clients such as entrepreneurs, landowners and family offices providing a bespoke and client focused service to high and ultra-high net worth clients. Our experience enables us to advise on the numerous legal issues which can arise out of high net worth insurance policies.
We build strong personal relationships with our clients and collaboration across our practice areas enables our high net worth clients to also benefit from Edwin Coe’s wider expertise in the private client, real estate, and immigration and tax sectors.
Examples of recent work includes:
- Acting for the owner of a Grade II listed country mansion following a devastating fire and successfully pursuing claims against both the insurer and the insurance broker;
- Pursuing claims against the seller and builder of an allegedly defective yacht;
- Representing a client in relation to the loss of a high value watch lost during a skiing accident and dealing with issues related to proof of loss and policy coverage;
- Advising the owner of a damaged supercar in relation to issues concerning policy coverage, the extent of the losses and insurable interest.
- Acting for the policyholder in a claim for the economic loss of a dressage horse purchased by the client for Olympic competition;
- Advising a prominent sportsperson in relation to serious water ingress and building defects within a new build luxury residential property, pursuing the defects insurers and building contractors;
- Acting for the policyholder in a claim in negligence against the structural engineer for incorrectly certifying the condition of a high value net worth property purchased by the policyholder;
- Acting for an ultra-high net worth policyholder in respect of fire damage for property and valuables worth in the region of £14 million and dealing with complex policy coverage issues.
- Advising the claimant in relation to cyber fraud committed against her property conveyancing solicitors resulting in the misappropriation of the proceeds of sale of her property; and
- Pursuing negligence claims against the letting agents of a high net worth property in London on behalf of the property owner.
They've been doing it for longer than anyone else, and they have a phenomenal success rate.
Chambers Directory 2014