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Lawyers

Alexander Traill

Clyde & Co, London

Work Department

Professional indemnity.

Position

Alex is a partner in the professional indemnity department. He acts for London market and composite insurers who underwrite D&O and professional indemnity products for financial institutions, companies, surveyors, insurance/other intermediaries and other professionals operating both in the UK and overseas. He advises on coverage both in the respect of direct insurance and reinsurance policies and their substantive matters, and operates as monitoring counsel in respect of overseas claims.

Alex has specific expertise in dealing with highly sensitive D&O matters for insurers and corporate organisations. Many of the cases Alex advises on involve‎ multi-jurisdictional elements, including advising reinsurers on claims for indemnity by directors under investigation by the Scandinavian FSA. Alex has advised insurers of companies/financial institutions based in Saudi Arabia, Macau, Cayman Islands and Guernsey over alleged negligence and corporate malfeasance. His team also deliver a range of support services including risk management and training. For example, he has previously delivered a series of joint presentations to non- executive directors in Guernsey and Jersey on the underlying risks to non-executive directors as well as an overview on cyber as an emerging liability to directors.

Alex's team also have a well-developed niche for a wide variety of Broker’s E&O matters (both Lloyds and non-Lloyds). As a result, many of the cases Alex and his team advise on involve the potential issues surrounding placement of insurance policies. Work has ranged from dealing with a variety of domestic retail broker disputes (including those involving binders) to a Lloyds broker’s placement of a multi-million Euro Fund Policy for a European bank and the London market placement of a US$ billion property damage policy and the determination of losses arising from Hurricane Sandy.

Education

Nottingham Law School, College of Law and University of London