International focus key to London market insurer panels

Law firms eyeing up a place on London market insurers' legal panels have been told to improve their global offering, as many City market firms prepare to review their panels this year.
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Market insurers seek global coverage

The Post Online reports that a survey by Gracechurch Consulting – which took in the views of professionals at 40 London market firms – found the a third of those surveyed expect to launch reviews of their legal panels in the next 12 months.

Global coverage

The report also found that London-headquartered Clyde & Co was the firm most likely to be at the top of insurers’ wish lists as it offered the best global coverage. Kennedys, RPC and DAC Beachcroft were also regularly mentioned by respondents.
Gracechurch chief executive Ben Bolton said that Clyde & Co covered more lines than other firms and is ‘probably more international than most other players’ and therefore ‘touches all the bases’.

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