Global law firm Clyde & Co has been named Insurance Law Firm of the Year in the Legal 500 UK Awards 2020.
The awards, to be presented in February, are based on a combination of Legal 500 directory submissions, the firm's activity in the market, client referees and industry feedback and aim to recognise each element of the legal industry equally.
"Peter Hirst, Senior Partner, says: "We're very proud to be one of the world's leading insurance law firms and this recognition is especially pleasing as it involves client references and industry feedback. It's by placing the ever-evolving needs of our clients at the heart of our business that we've been able to build the multidisciplinary, global insurance practice we have today."
"James Cooper, Partner and Chair of the Global Insurance Practice Group at Clyde & Co, says: "This award recognises our work across all areas of insurance and is testament to our market-leading client work in the UK and global insurance market. We always seek to be best-in-class and are committed to continuing to invest in our people, our capability and our technology so that we can continue to be the law firm of choice for insurers."
The award follows Clyde & Co's inclusion in the 2019 Gracechurch London Market Insurance Law Report – an independent report that ranks insurance law firm performance across a variety of areas. According to the report, Clyde & Co is the leading firm on a number of key metrics including brand and usage, and is particularly highly regarded by the most international and senior buyers of legal services for its technical expertise in complex claims matters, its wide range of integrated expertise and its strong international coverage.
The firm is also ranked as the market leader for a broad range of reputational attributes including high calibre partners, quality of teams, responsiveness and communication and understanding and appreciation of clients' commercial aims.
Clyde & Co is the largest insurance law firm in the world with more than 220 partners and 950 lawyers specialising in insurance and reinsurance. With an unmatched global presence, its insurance group provides advisory and claims services across all lines of insurance business.
In the latest Legal 500 directory rankings for the UK, Clyde & Co's insurance practice received 17 firm rankings and 97 individual rankings.