Insurance

Insurance

With a deep understanding of the insurance business and the business needs of our clients, the Vijay Naidu & Associates team is recognized as a go-to coverage firm by leading international insurance brokers, who frequently refer their clients when coverage disputes arise. Vijay Naidu & Associates team is also among the leaders in advising clients on insurance policy wording and structure, adding immense value to negotiations of various liability insurance policies, cyber-security insurance policies, property policies, wrap-up insurance programs, and captive programs.

Vijay Naidu & Associates Insurance Recovery & Advisory Services

Our practice offers two broad types of services to our clients:

Claims Litigation and Settlement

Vijay Naidu & Associates claims litigation and settlement services begin with framing the presentation to the insurer in an initial notice, guiding our client through the initial discussion with the insurers – often resulting in early resolution of the claim. Before resorting to litigation, our lawyers may engage in extensive negotiations with insurers, mediation or other alternative dispute resolution procedures, where such an approach is deemed to provide the best approach for recovery. Our lawyers have experience and a proven record of success in litigating coverage issues through arbitration, trial and appeal.

Insurance Counseling

Although not insurance brokers, Vijay Naidu & Associates team works closely with our clients’ brokers and other advisors in evaluating enterprise risk, and structuring the appropriate coverage. We have extensive experience with the structuring and placement various policies, and in creating specialized liability transfers. We are frequently called upon to provide a “second opinion” at coverages to ensure that the client has the most advantageous terms and wordings, and to negotiate with insurers to secure appropriate enhancements to coverage..