Six firms appointed to US insurance giant's debut UK roster
US insurance company WR Berkley has appointed its first-ever UK claims panel, with six firms handed places on the roster. Reynolds Porter Chamberlain (RPC), Kennedys, DAC Beachcroft, CMS Cameron McKenna and City disputes boutique Reynolds Colman Bradley have all been appointed to the new panel, with Clyde & Co also set to take a spot after terms have been finalised.
April 19, 2012 at 07:03 PM
2 minute read
RPC, Kennedys and DAC appointed to Fortune 500 company's UK panel
US insurance company WR Berkley has appointed its first-ever UK claims panel, with six firms handed places on the roster.
Reynolds Porter Chamberlain (RPC), Kennedys, DAC Beachcroft, CMS Cameron McKenna and City disputes boutique Reynolds Colman Bradley have all been appointed to the new panel, with Clyde & Co also set to take a spot after terms have been finalised.
The firms – which have been appointed for one year from 1 April with an annual renewable contract in place – will now handle UK-related claims work across WR Berkley's core property casualty insurance business.
The panel will also be used for some European claims work for the insurer's offices in Dublin and Madrid.
WR Berkley, which is based in Greenwich, Connecticut, has gradually grown its UK footprint over the last decade after it became one of the first major entrants into the UK solicitors' professional indemnity market in 2003 when it launched in London.
The Fortune 500 company now has offices in 11 countries outside the US and an annual turnover of around $5bn (£3.1bn).
The news comes after RPC and CMS were both handed roles on two new Aviva panels earlier this year, with RPC one of four firms appointed to the insurer's UK catastrophic loss panel alongside Herbert Smith, Mayer Brown and Clydes.
Meanwhile, CMS and Clydes were both appointed to Aviva's UK reinsurance panel in January this year.
Recent weeks have seen a wave of movement between UK insurance firms, with RPC set to launch its second international office with the hire of four partners from legacy Barlow Lyde & Gilbert's Hong Kong office, with all seven legacy partners leaving the firm.
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