SRB Legal’s recoveries team has extensive experience in managing property damage recoveries. These include catastrophic damage claims, such as fire and flooding as well as complex fraud claims. Our recoveries portfolio includes most of the major insurers as well as large commercial entities.
Our team takes both a legal and practical approach to recoveries. By directly briefing our WA team to conduct Perth settlements and recoveries, our insurer clients benefit from our exceptional local knowledge and our ability to meet with insureds and third parties both prior to and at pre-trial conferences in order to make practical assessments of the likely outcome in the case.
How we manage claims
Our recoveries team is made up of experienced lawyers and law clerks, supported by sophisticated systems developed to manage recovery claims of all types and quantum.
Because we have a full-strength recoveries and settlements team comprising several skilled operators, insurers can be sure its recoveries will never be sidelined or given lower priority than other files.
Our work in this area starts by analysing claims to determine whether a right to recovery exists and whether there is any realistic chance of a recovery being made. In larger and more complex claims we then gather expert evidence to support a recovery action, and prepare and successfully pursue actions.
At all times, we take into account the economics of the recovery process having regard to the quantum involved. We also advise on offers of compromise to successfully resolve recovery claims; and, where needed, provide advice and services around ADR, including mediations and informal arbitrations.
Examples of the types of claims we handle:
SRB Legal’s recoveries team typically works on recovery of insureds losses arising out of;
- fire damage to property including large scale bushfire claims
- impact damage to buildings and contents
- faulty products and workmanship
- negligent advice or design
- damage to freight and cargo during transportation
- mining accidents causing damage to insured’s machinery and equipment
- crop damage by chemical overspray
- mortgage insurance payout recoveries.
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