Foran Glennon Palandech Ponzi & Rudloff

Foran Glennon Becomes Founder Member of Insurance Law Network Spanning Four Continents

Foran Glennon Becomes Founder Member of Insurance Law Network Spanning Four Continents

Foran Glennon announced today it has become a founder member of newly launched Global Insurance Law Connect, a formal network with member firms in eight countries. This will enable Foran Glennon to efficiently and effectively serve clients’ global needs by offering an extensive network of local lawyers with specialized insurance law knowledge.

Founder member firms are Batini Traverso Grasso & Associati (Italy), BLM (UK), Byrd & Associates (France) and Foran Glennon Palandech Ponzi & Rudloff PC (USA). Other members are Blanco & Asociados (Spain), Khaitan Legal Associates (India), Riisa & Co (Norway) and Santo Bevilaquo Advogados (Brazil).

Jim Glennon, Partner, said: “We were all inspired by client demand. In this highly competitive rating environment, underwriters are looking for income growth in new markets or from new products – extending their business into often unfamiliar territory. The insurance industry is asking for specialist advice across multiple markets and delivered in a comprehensive manner.

“We are pleased to have formalized our relationship with our fellow member firms by putting in place the broadest network underpinned by stringent due diligence and rigorous quality control. This gives insurers comfort that they can use the strength and breadth of the network to access the right advisors, in the right places, in the right way, and reduce the time and money they spend on managing their risks.

“Over the past year and a half, we have gotten to know the principals from the other founding firms to ensure they are committed to providing the insurance industry with excellent service in a cost-effective and efficient manner.  The alliance also makes sense since many of us share common clients.  In fact, we have already worked jointly with other member firms on matters that obtained successful results for our clients.”

Mike Brown, Chairman of Global Insurance Law Connect, said “We are delighted to have Foran Glennon as one of our founder members. Their disciplined approach, skilled team and the reputation of their insurance practice in the US makes them a perfect fit for this extensive global network of specialist legal insurance practitioners.”

Recognizing the wide range of issues that insurers face today, Global Insurance Law Connect has been created to help insurers:

  • develop best-in-class products,
  • advise on coverage,
  • resolve disputes, manage claims and litigation, and
  • understand the impact of regulation.

A cornerstone of the offering is 14 special legal and risk interest groups that will work throughout the Global Insurance Law Connect network to share expert knowledge with clients across classes of business such as product liability, D&O, marine, energy and cyber. Additional groups will be added as the alliance grows in the next six months.

Please visit www.globalinsurancelaw.com for more details.