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ReinsuranceOur depth of experience provides our clients with cost-effective representation. MCWG has literally written the book on reinsurance matters. A Handbook of Reinsurance Law, authored by Eugene Wollan, was published in 2002 by Aspen Law and Business Press. In recent years, there has been an increased interest in reinsurance law. Litigated and arbitrated disputes have multiplied, and many attorneys and firms have recently entered the field. In contrast, Mound Cotton Wollan & Greengrass has been active in the reinsurance community for decades. While we provide the type of service and attention our clients have come to expect from a smaller "specialty" firm, our vast and long-standing experience in reinsurance matters is far greater than that typically found in the reinsurance departments of larger law firms. The principles, practices, and customs of the reinsurance community date back several centuries. It is essential for a reinsurance attorney to be familiar with these customs and practices as well as evolving law. The background of our attorneys sets us apart in this field. Many of our partners lecture frequently and publish regularly on reinsurance topics. Prominent arbitrators, umpires, mediators, and experts active in this field acknowledge our pre-eminence in this area. Our attorneys have: • counseled insurance and reinsurance clients on a wide variety of matters pertaining to treaty and facultative reinsurance. • demonstrated special expertise in the areas of property/casualty, life, accident and health, and workers’ compensation carveouts. • prepared model reinsurance contract wordings for insurers, reinsurers, and intermediaries. • analyzed reinsurance agreements, facilities, and programs. • dealt with regulators, liquidators, and companies outside the market with interests in the reinsurance field. • provided advice on interpretation of numerous kinds of reinsurance coverage. • handled the most complex multi-national, multi-party litigations and arbitrations. MCWG has represented reinsureds, reinsurers, intermediaries, pool managers, managing general agencies, underwriters, liquidators, and others with interests in the reinsurance market. Our clients hail from all over the U.S., Great Britain, Europe, Japan, Australia, and other foreign jurisdictions. Our depth in related fields has proven invaluable in reinsurance cases. We are fully conversant with insurance law and the insurance markets, which is essential to a complete understanding of reinsurance disputes. Our attorneys have had experience with insurer and reinsurer insolvencies, and with specialized classes of business such as environmental, business interruption, war risk, and financial guaranty. Our corporate attorneys are well grounded in statutory and regulatory law and procedure, and thoroughly familiar with the agencies that oversee the activities of insurers, reinsurers, agents, and intermediaries. Their expertise is available to our reinsurance attorneys and is regularly tapped in a wide variety of litigated and arbitrated matters. In response to an increased demand for mediation services, MCWG formed a reinsurance mediation practice group. Composed of attorneys with expertise in reinsurance arbitration, litigation, and mediation, the group is ideally suited to deal with matters where the amount in controversy, the nature of the issues, or the relationship between the parties favors a less confrontational process. You can learn more about our expertise in this area by clicking on that section of our website.
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