Boutique Insurance Law Firm Indemnity Legal today announced industry heavyweight Nick Colman has joined as Partner. Nick joins the young firm hot on the heels of the news that the Legal 500 has selected Indemnity Legal as a ‘Firm to Watch 2023’. Indemnity Legal has increased its revenue (YoY 2021-2022) by 100%, grown to five Partners and three Associates and opened a second office in the heart of London’s insurance hub EC3, since it first launched in February 2020.
Nick has spent much of his career advising insurers (including at two firms he co-founded, Reynolds Colman Bradley and Consilium Law). At Indemnity Legal, Nick will use his experience working for insurers to advise policyholders on the resolution of coverage disputes across a wide range of industry sectors and lines of business. His specialisms include construction, IT, financial services, directors and officers, and professional liability, having also been appointed in employment and aviation disputes.
Recently ranked by Chambers & Partners, Managing Partner of Indemnity Legal James Morris comments: “Our mission is to ensure that every valid insurance claim is paid for our clients, no matter how complex. Against a tough economic climate, and a hard insurance market, we’re seeing more and more high value, complicated insurance disputes arise so the bench strength of our specialist team has never been more important. Nick is a fantastic addition to our growing team, bringing with him years of experience in the resolution of complex coverage disputes, as well as a solid understanding of how the insurance market thinks. We’re delighted to welcome him on board.”
Specialising in the resolution of complex and high value insurance claims for policyholders, Indemnity Legal has carved a niche amongst a growing pool of referrers (which includes insurance brokers, other top-tier law firms and insolvency practitioners, amongst others) owing to each of its five partners having worked for insurers in the past. That insight allows Indemnity Legal to get to the heart of an insurance dispute quickly by ensuring that expert legal advice is underpinned by a genuine understanding of how the insurance market operates, and where the key issues for an insurer might lie.
Nick Colman, recently appointed Partner adds, “The insurance landscape has become more complex as a result of the huge global issues individuals and businesses have faced over the last few years. I’m excited to be joining such a great team and navigate the new world for policyholders within a fast-growing firm on an exciting trajectory and which is truly dedicated to resolving all valid claims, however complicated they might be.”