London Forum of Insurance Lawyers (London FOIL) has announced the launch of a new sector focus team (SFT) dedicated to energy insurance.
This is the third new SFT that London FOIL has launched since starting the new division in November 2018. In a statement, London FOIL said that the new energy team will work closely with energy insurers in the London market together with the International Underwriting Association and the Lloyd’s Market Association. It will concentrate on topics such as risks related to decommissioning, climate change, and renewables as well as other issues affecting the upstream and downstream energy sectors.
The team is comprised of leading energy insurance lawyers, including Clyde & Co’s Angela Flaherty, BLM’s Sarah Drury, Kennedys’ Russell Wright, and Weightmans’ Mark Fitzgerald.
"I look forward to working together with this sector focus team to provide ongoing, specialist support to the energy insurance market on topical legal issues through the vehicle of London FOIL,” said Flaherty. “We encourage insurers to seek our input on any market-wide issues which may require our assistance."