Jonathan Sacher
Jonathan Sacher
Jonathan Sacher
Biography
Jonathan Sacher is Co-Head of the multi-disciplinary insurance sector practice at BCLP.
Described in Legal 500 as 'world-class', his practice focuses on reinsurance/insurance, arbitration, litigation and dispute resolution for UK and international insurers, reinsurers and brokers.
He is known in the industry as one of the “Reinsurance Gurus” and has acted a number of high profile reported Insurance/Reinsurance cases covering: Covid-19, hurricanes, personal accident, life, financial institutions, war risks, and most classes of business.
Examples of cases range from the World Trade Centre, New Zealand Earthquake, Covid-19 and volcanic ash losses to life reinsurances and financial institutions disputes.
Jonathan has been rated repeatedly in the top five Global Elite Thought Leaders by Lexology Index. He is highly ranked in Chambers and Partners as a leading individual for insurance and reinsurance disputes.
Professional memberships include: ARIAS UK, ARIAS US, the London Court of International Arbitration and British Insurance Law Association.
Jonathan is a Freeman of the City of London and is a member of ARIAS (UK) Management Committee.
Admissions
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England and Wales
Related capabilities
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Insurance & Reinsurance
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Insurance: Corporate & Transactional
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InsureTech
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Financial Institutions
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Insurance (Class Actions)
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Insurance Regulatory
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Business & Commercial Disputes
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Finance
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Litigation & Dispute Resolution
Experience
- Covid-19: Advising international markets on all aspects of insurance and reinsurance issues arising from Covid-19, including Perils, aggregation and hours clauses.
- Covid-19: Appointed Global coordinating counsel for major underwriting entities Covid-19 exposures.
- Binding Authority dispute: Acting on dispute over waiver of Insurers rights by major international underwriting agency.
- Advising various ILS reinsurer entities on cedants collateral retention issues.
- Sale of Lloyds Underwriting Agency dispute: acting in Commercial Court proceedings on accounting issues on sale of the Agency.
- New Zealand Earthquakes: acting for Bermudan Reinsurer: Successful arbitration on aggregation of New Zealand Earthquake losses and interpretation of cause language and effect of extended expiration clause.
- Guaranteed Annuities Reinsurance - International Reinsurer: Successful arbitration acting for a reinsurer on calculation of profit commission on performance of guaranteed annuities in the life sector.
- Property Damage Losses - US Cedant: Successful recovery from London market reinsurers of property damage losses resulting from a defective building product.
- Liability Claims in Central America: Successful reinsurance recovery of personal injury losses paid for a large number of liability claims in Central America resulting from workers exposure to pesticides.
- Volcanic Ash: Acting for reinsurers in an arbitration concerning travel insurance losses caused by Icelandic volcanic ash eruption. Case involved analysis of extent to which volcanic ash was bad weather.
- Broker Liability: Acting for a US insurer in a dispute with a London market broker who lost the slips proving the extent of the cedants reinsurance cover. The case involved issues such as brokers duties to their clients, and the relationship between the producing and placing broker.
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