Sparke Helmore Lawyers sent six young insurance lawyers to London, as the first group to participate in an immersion program with underwriters, brokers and claims teams. The group also had the unique opportunity to present on impactful insurance topics affecting the market.
The firm partnered with Lloyd's Market Association (LMA) Under 35's Claims Group on this initiative.
"Our Insurance Group has strong ties with, and an ongoing commitment to, Lloyd's and the London market. We are privileged to have been able to offer this special learning experience to our firm's future leaders," said Chris Wood, Sparke Helmore's National Commercial Insurance Group Leader.
Partner Wes Rose, Senior Associates Laura Rush, Mark Sainsbury, James Clohesy and Edward Osborne, and Lawyer Josie Dempster presented to more than 100 insurance professionals from around 40 insurers, as well as Lloyd's syndicates and broking houses in the historic Old Lloyd's Library. They also met with Lloyd's new Chairman Bruce Carnegie-Brown before the presentation.
"We work with brokers and claims professionals in the London market regularly, so it was incredibly enlightening to get a deeper insight into their operations, the issues affecting their business and the wider London market," said Wes.
Laura Rush added, "To be able to share our intelligence on developments in the Australian market and how these could potentially impact their businesses opened up such a rich dialogue. We discussed everything from cyber risks to developments in the building defects space, which is topical following the tragic Grenfell disaster."
"Thank you to the LMA, we're so proud to be the first Australian partner of this program," said Chris.
Above (left-right): Laura Rush, Wes Rose, James Clohesy, Edward Osborne, Josie Dempster and Mark Sainsbury.