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RPC

TOWER BRIDGE HOUSE, ST KATHARINE'S WAY, LONDON, E1W 1AA, ENGLAND
Tel:
Work 020 3060 6000
Fax:
Fax 020 3060 7000
DX:
600 LONDON CITY
Email:
Web:
www.rpc.co.uk

Naomi Vary

Tel:
Work 020 3060 6522
Email:
Web:
www.rpc.co.uk/people/naomi-vary/
RPC

Work Department

Insurance

Position

Partner. Naomi Vary specialises in resolving political risk and trade credit disputes. She is a leading lawyer in the field of political risk, trade credit, political violence and standalone terrorism insurance. She advises London and overseas insurers and reinsurers on a wide range of matters, predominantly involving coverage disputes, but also relating to wordings advice and recovery actions following claims.

In addition to her specialist area, Naomi has experience in claims involving most major classes of loss, including contingency and bloodstock.

Naomi has worked on political risk and trade credit cases originating from numerous jurisdictions. Her experience includes working on political risk cases involving claims for expropriation, embargo, licence cancellation and selective discrimination, and trade credit claims involving commodity trading and bank lending.

Career

Trained at Herbert Smith, qualified in 1997. Associate at Herbert Smith until May 2002; June 2002-December 2016 Clyde & Co (Associate then legal director); February 2017-December 2017 Partner, Sedgwick; January 2018 to date, Partner at RPC.

Education

Downing College, Cambridge: Natural Sciences 1989-1992 (first class degree); 1992-1993 Downing College Cambridge Law IB (first class); 1993-1994 Guildford College of Law (Distinction).


London: Insurance

Insurance and reinsurance litigation

Within: Insurance and reinsurance litigation

The 'exceptional' team at RPC has a great reputation in the financial lines sector, spanning financial indemnity, D&O and professional indemnity claims. Practice head Simon Laird specialises in this sector and divides his time between Bristol and London. 'Excellent technical lawyer' Simon Goldring and James Wickes regularly handle D&O disputes. The team is also increasingly instructed on trade credit and political risk matters, often handled by expert Naomi Vary, as well as on cross-border and domestic property claims under the leadership of Victoria Sherratt. Other areas of growth are power generation and energy, for which the 'outstanding' Leigh Williams and Gary Walkling are the key contacts.

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Legal Developments by:
RPC

  • Cancelling insurance: insolvency and downgrade clauses

    One of the most common concerns for both parties to an insurance contract (including reinsurance) is that the other party might become insolvent and unable to perform its obligations under the contract. Both insurer and insured will therefore wish to have the right to cancel the insurance mid-term in the event of the other party’s insolvency, or a change in its financial circumstances that makes its insolvency a more likely prospect in the near future.
    - Reynolds Porter Chamberlain LLP

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