When property damage claims occur, quick and cost-effective solutions are needed. At Bond Pearce we resolve disputes for our clients in a pragmatic and cost effective way, providing pro-active advice backed up by creative fee structures for both volume instructions and major incident work. We have the breadth of expertise and experience to handle claimant or defendant work at all levels of complexity and value, across the full spectrum of property risks, including fire, flood, subsidence, explosion and impact. We also advise on policy coverage, fraud and other commercial disputes arising in the insurance sector.
How do we work?
We are client led. By understanding our clients' objectives, priorities and philosophy and integrating them with our own, we deliver a highly efficient service and substantial costs savings that sets us apart from our competitors both nationally and in the City.
We invest in developing close client relationships that enable us to give clear, concise and commercial advice that adds real value to our clients' businesses.
We work with clients to achieve their goals by:
- pursuing or defending litigation through the courts or using ADR when it provides the best option for protecting your interests
- providing risk geared financial funding options
- driving down cost and risk
- delivering commercial, cost-effective solutions
If disputes do arise we recognize when cases should be fought and when early resolution is the best solution. All of our dispute resolution lawyers are trained in our approach to case planning where we continually review and reassess positions during a case to ensure we get the right results for our clients at the right time. We have particular expertise in resolving disputes swiftly out of court using alternatives such as mediation.
Zero costs risk
We have developed a funding model called Surr+ that has revolutionised the way our clients approach property damage recovery claims. Surr+ combines the benefits of a CFA (no win-no fee) agreement with After the Event (ATE) insurance and transfers the costs risk of litigation to us. Surr+ enables us to achieve what is important for you – getting more of your money back in less time and at zero costs risk to you.
Our success stories
- recovering over £300k of insurer's outlay at mediation following serious flood damage to three properties in Hampshire (all at no cost to our client)
- defending insurers in multi party proceedings arising out of a product liability claim and successfully deploying mediation to achieve a saving of over £400k on the claim as presented
- successfully defending at trial insurer's avoidance of a fire policy due to policyholder's failure to notify material facts
- successfully forcing a claimant to discontinue proceedings against our client arising out of an allegation that our client's property had damaged neighbour's property - in fact, the damage was due to the long-standing instability of neighbour's property
- advising insurers in respect of claims against former policyholders for breach of policy terms and conditions and in respect of fraud and coverage issues
- defending a major landowner in multi party proceedings arising out of subsidence damage and successfully deploying mediation to negotiate a saving of over £100k on the claim as presented
- acting for insurers and other commercial clients to pursue and defend numerous claims arising out of damage to underground apparatus, including fibre-optic cables
- recovering £800k in damages following a severe fire at an agricultural processing facility (and saving the client over £80k in legal fees)
- pursuing contribution claims for EL/PL insurers following accidents caused by third parties
Since 2008 we have helped a number of major insurers and private clients recover their money following a wide variety of incidents affecting property, including fires, floods, explosions and building collapse - and all at no cost to them. For one particular household insurer our team of experienced solicitors and paralegals has handled over 1000 claims since 2008, recovering over £5m to their bottom line and saving them over £1.5m in legal spend.