Insurance Advisory

Holland & Knight's Insurance Advisory Practice is committed to providing unparalleled support and guidance to a wide range of businesses with insurance-related legal needs. With a deep understanding of insurance law and extensive industry experience, our attorneys are dedicated to helping clients navigate all aspects of the insurance claims process. We offer strategic and technical advice on a wide range of coverage matters, ensuring that our clients are well informed and protected. From conducting comprehensive policy reviews to developing effective risk management strategies, our team handles all aspects of companies' insurance advisory needs with precision and agility.

Comprehensive Policy Reviews

Our insurance advisory attorneys get to know our clients' businesses inside and out, and conduct thorough policy reviews to make certain each client has the best possible coverage. Utilizing an extensive library of insurance forms and endorsements, our attorneys bring a wealth of experience from reviewing numerous insurance policies each year. This deep industry knowledge allows us to meticulously analyze policy forms and collaborate with brokers to negotiate improvements to policy wordings.

In addition to policy analysis, we provide detailed policy comparisons and prepare comprehensive coverage summaries for management and boards of directors. This helps ensure that our clients are fully informed about their coverage options and can make strategic decisions with confidence.

Effective Risk Management Strategies

Holland & Knight's Insurance Advisory Practice routinely develops effective strategies in a number of key areas to help clients effectively mitigate risk:

• Risk Mitigation and Management. We provide policyholders with strategic advice on risk mitigation and management, helping them identify potential risks and implement measures to minimize their impact. This includes advising on best practices for risk assessment, loss prevention and risk transfer.
• Coordination of Coverage. Our team assists clients in coordinating their insurance coverage, including cyber insurance, to ensure they have comprehensive protection against various risks. We work closely with clients to review their existing policies, identify gaps in coverage and negotiate improvements to policy wordings.
• Crisis Management. We offer skilled guidance on crisis management, helping policyholders navigate complex situations and mitigate the impact of crises on their business. This includes advising on communication strategies, regulatory compliance and coordination with insurers during a crisis.
• Mergers and Acquisitions. Our practice has extensive experience with insurance issues related to mergers and acquisitions (M&A) and other high-risk corporate transactions. We provide advice on extended reporting periods (or "tail" coverage), representations and warranties insurance, and indemnification agreements to help keep our clients protected during these transactions.
• Bylaw Indemnification Provisions. We assist clients with their bylaw indemnification provisions to make sure that their corporate bylaws provide enough protection for directors and officers against potential liabilities.

Proven Track Record in Navigating Insurance Claims

Holland & Knight attorneys are dedicated to providing comprehensive support to policyholders throughout the insurance claims process. Our capabilities include:

• We guide policyholders on the proper procedures for notifying insurers about claims, ensuring compliance with policy requirements to avoid potential coverage disputes.
• Duty to Defend. Our team advises on the insurer's obligation to defend policyholders against claims, helping clients understand their rights and the scope of the insurer's duty.
• Retention of Defense Counsel. We assist policyholders in selecting and retaining defense counsel, ensuring that their interests are skillfully represented and that the chosen counsel meets the insurer's approval.
• Rescission and Severability. Our lawyers provides insight into the concepts of rescission and severability, helping policyholders navigate situations where insurers may attempt to rescind coverage or apply severability clauses.
• Policy Interpretation. We offer experienced counsel on interpreting policy language, helping clients fully understand the terms and conditions of their coverage and how they apply to specific claims.
• Responding to Reservation of Rights and Denial Letters. Our team assists policyholders in responding to reservation of rights and denial letters from insurers, providing strategic guidance to challenge unjust denials and protect their rights.

By leveraging our deep understanding of insurance law, we work closely with our clients to help them navigate the complexities of the insurance claims process efficiently and effectively.