The transport sector is undergoing dynamic technological change. Autonomous transport is well established in the shipping, mining and logistics sectors. The growth of robotics and automation, driverless vehicles, ships and drones, all connected through the Internet of Things, is reshaping the transport and marine sector. This includes the way the sector approaches risk management and insurance coverage.
Whilst automation may bring precision and efficiency to supply chains, most of the insurance claims that we see in this sector are traditional disputes under trade, transport, shipping and maritime insurance law, and often involve land-based transport.
Our team provides a broad range of legal services to the insurers of shipping, road, rail, logistics, mining and trading commodities across Australia, New Zealand and globally. Our team, including specialists Robin Shute and Aisha Lala, provides advice on policy drafting and coverage, and they have acted on significant litigated and non-litigated trade and transport insurance matters across the spectrum of the transport industry.
This includes acting for insurers in claims and recoveries such as:
Multiple mobile plant and machinery claims in NZ
Advising the insurer on issues including double insurance, leased / hired plant insurance, reasonable care conditions, consequential loss, business interruption claims, and the effect of ss9 and 11 Insurance Law Reform Act 1977.
$8 million+ collision at a container terminal
A recovery action on behalf of the insurer following a barge colliding with a container terminal gentry crane causing damages in excess of $8 million.
$5 million+ damage to coal terminal
A recovery action in excess of $5 million in relation to damaged berths at the insured’s coal terminal following impact damage from a work platform during severe weather conditions.
$2 million action against the operator of a tug boat
A recovery against the operator of a tug boat that collided with a wharf causing damage in the vicinity of $2 million.
With Australia and New Zealand reliant on maritime transport for their international trade, engaging a team that thoroughly understands international trade and shipping law, together with the relevant mediation and arbitration regimes is a must. That’s where our alliance with Legalign Global brings real advantages to our global insurance clients, providing them with global solutions to meet their increasingly global needs.