Lawyer Monthly Magazine - May 2018 Edition

MAY 2018 74 Expert Insight www. lawyer-monthly .com service-oriented approach and absolute accuracy in the advice we provide, are attrib- utes my clients highly appre- ciate. No matter whether we deal with CEOs or Claim Han- dlings Specialists, Vavrovsky Heine Marth aims for perfect- ly tailored, self-explanatory assessments and recommen- dations. In regards to the insurance companies, we deliver servic- es and advice, inter alia, with respect to insurance product development, insurance un- derwriting and insurance re- lated regulatory issues. To avoid costly disputes, in high-profile or high-risk cas- es, for example, we employ a sophisticated litigation- decision-tree-approach in order to accurately antici- pate liability and coverage risks as well as to address any eventuality. national blue-chip insurers, including some of the biggest global players in the industry. Vavrovsky Heine Marth is one of the go-to firms in (re)insur- ance law and (re)insurance litigation in Austria. My work specifically focuses on, inter alia, Financial Lines/ Specialty Lines insurance (Directors & Officers, Profes- sional Indemnity and Error & Omission, POSI, Warranty & Indemnity, Transactional Risk, etc), product and public li- ability as well as property and construction insurance. A quick response policy, a Can you tell LM about your involvement in insurance law since you began practising? Since the very beginning of my professional life I have fo- cused on dispute resolution, in particular in pertaining to insurance law, such as: cor- porate liability cases, banking and finance disputes, post M&A litigation and all kinds of coverage disputes. My emphasis on the insurance sector, and my expertise in representing the interests of local and international insur- ers in all kinds of insurance related issues, allows me to be a leader in a challeng- ing and extremely com- plex niche market, both in Austria and internationally. As such, I also supported the foundation of ARIAS Austria (branch of the AIDA Reinsur- ance and Insurance Litiga- tion Society) in 2017. In your insurance work, what are the matters you com- monly deal with alongside your clients? How do you help them avoid litigation in this segment? Over the years I have built a client base consisting of nu- merous national and inter- INSURANCE Insurance Litigation: What Are the Issues Developing into? The insurance sector has also been subject to discussing the effects of the ever-developing data protection laws and cyber insurance. This month, Philipp Strasse, an attorney specialising in insurance law speaks on how he has seen the legal world change, how he helps his clients through litigation and the developments in the insurance industry.

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