Position

Andrew Wales is well known for insurance and reinsurance, as well as professional negligence, energy and shipping and professional negligence. He is regularly instructed in the most high-profile insurance disputes. He represented two insurers in FCA v. Arch, the Covid business interruption test case.

He is currently acting for contingent all risks insurers in the lead claim by an aircraft leasing company for the alleged total loss of $3.5bn of aircraft in Russia. He is also currently involved in property insurance issues relating to Ukrainian properties damaged by Russian missiles and liability insurance issues relating to, amongst others, Carillion, NMC Health and Grenfell Tower.

Described as “a strong communicator and excellent strategist” as well as “a brilliant, methodical advocate on his feet”, he is regularly instructed to advise on and argue coverage issues relating to professional indemnity, political risk, trade credit, warranty and indemnity, D&O and POSI policies, especially for banks and financial institutions. He is also involved in several Bermuda form arbitrations, where his work has required familiarity with CDO transactions, private equity investments, offering circulars, IPOs, structured finance and various forms of securitisation.

Education

Cambridge University (MA); University of Virginia (LLM).

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