The Impact of COVID-19 on Claims: Managing Risk in a New World – From an Irish Perspective
The Covid-19 emergency response measures introduced will have a significant impact on ongoing litigation. In this webinar, we outline some issues for insurers to keep alive to when reviewing existing and prospective claims. As there is an ever increasing risk that co-defendants could fall insolvent, this in turn could give rise to a situation whereby insured defendants get caught with the 1% rule as was very common during and after the last recession. Given that tough economic times lie ahead, plaintiffs will obviously look to the better mark for damages to meet the award, as has happened so much in the past.
Mary Smith and Ronan Cosgrove - Partners at Cayton Law
Mary specialises in construction and professional liability disputes, acting for all stakeholders including private clients, professionals, Irish and UK insurers and Lloyd’s syndicates.
With over seventeen years of practice as a litigator, Ronan has extensive international commercial litigation experience in a broad range of matters including professional negligence claims against construction professionals, managing agents, brokers, medical professionals and surveyors as well as D&O insurance.