Insurance touches every aspect of every business in every industry. Yet, when it comes to insurance, even many sophisticated policyholders don’t know what they don’t know.

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Our practitioners are highly experienced with the potential pitfalls, challenges and opportunities inherent within this dynamic sector, and devise comprehensive strategies to help our clients win. 

Pryor Cashman’s Insurance Recovery + Counseling Practice (IRCP) specializes in resolving complex insurance coverage disputes for commercial policyholders, but we are also trusted advisors who assist with policy purchases and renewals, and add value to our clients’ corporate transactions. 

Who We Represent 

We represent commercial policyholders of all shapes and sizes. Our client base includes entertainers, artists, filmmakers, music publishers, start-ups, family offices, financial services providers, food manufacturers and distributors, refineries, oil and gas enterprises, chemical producers, retailers, life sciences companies, franchisors, and other sophisticated entities and individuals.

What We Do 

Pryor Cashman’s insurance professionals are well-versed in virtually every type of insurance coverage on the market. Even more valuable during the current global pandemic (COVID-19), our reach extends to first-party property, business interruption, recall and contamination, directors and officers (D&O), errors and omissions (E&O), media liability, cyber liability, products liability, comprehensive general liability, owner and contractor controlled (OCIP/CCIP), employment practices liability, trade credit, fiduciary liability, marine cargo, and broad-based, leveraged corporate-owned life insurance (COLI) policies. 

We excel in three essential areas: 

  • Insurance Coverage Disputes – Coverage litigation is ubiquitous. We have litigated, arbitrated and mediated insurance disputes across the United States and in the major insurance markets of Bermuda and the United Kingdom, among others. Our attorneys have recovered hundreds of millions of dollars for our policyholder clients.
  • Policy Audits and Negotiations – Insurance policies can almost always be enhanced in a client’s favor, often with no increase in premium – but it requires a skilled hand. Simply put, whether it’s one policy or an entire insurance portfolio, we can improve your coverage and position you more effectively for whatever may come your way.
  • Deal Work – While corporate transactions are replete with insurance-related issues, they are often considered an afterthought. Here at Pryor Cashman, our practice works closely with the firm’s Corporate, M&A, Banking + Finance, Media + Entertainment, Bankruptcy, Reorganization + Creditors’ Rights, and Investment Management Groups to ensure that clients always receive comprehensive insurance due diligence and risk management advice as a single, integrated offering.

We have also developed and shared insights for our community during the COVID-19 pandemic; please refer to our dedicated library resource for additional information to assist you. We're here to help.