Expertise
Richard is a Partner in Addleshaw Goddard's Litigation Group specialising in insurance and international commercial arbitration.
Richard's insurance practice focuses on the representation of major national and multinational policyholders. His experience includes the full range of business insurance. He regularly advises on complex international coverage matters, including 'Bermuda Form' disputes. Richard is recommended in the UK Legal 500 and in Chambers & Partners UK for his policyholder work.
Richard's international arbitration experience includes advising clients in relation to ad hoc proceedings, as well as those brought before the LCIA, ICC, SIAC, LMAA and ICSID. Richard spent two years working in our Singapore office and is a leading member of the firm's India Business Group, having been seconded to two leading Indian international arbitration practices in Mumbai and New Delhi.
Richard has practical experience of litigation finance, including CFAs, DBAs, third party funding and ATE insurance, and regularly advises businesses, law firms and third party funders on related issues.
- Acting for a US client in a series of liability insurance arbitrations concerning losses in excess of $300m arising from one of its products installed in residential homes.
- Acting for a financial institution in an €83m insurance coverage dispute concerning a credit insurance policy and in related professional negligence claims.
- Advising an infrastructure owner/manager in relation to property damage and business interruption insurance claims in excess of £100m.
- Acting for Mumbai-based Zen Shipping & Ports in the Commercial Court and Court of Appeal ([2018] EWCA Civ 1660) in successfully setting aside a freezing injunction on the basis England was not the proper place to bring the claim.
- Acting for a FTSE 100 global pharmaceutical company in 3 significant Bermuda Form (product liability insurance) arbitrations, concerning claims totalling in excess of US$2bn.
- Acting for Weyerhaeuser Company in responding to anti-suit injunctions obtained by XL and Catlin ([2018] EWHC 3609 (Comm)), and Hiscox and Starr ([2019] EWHC 2671 (Comm)).
- Advising in relation to coverage issues arising under a D&O and corporate liability insurance policy in respect of SFO and DoJ investigations into a client's historic business practices.
- Professional memberships
- Association of Insurance and Risk Managers in Industry and Commerce (AIRMIC)
- British Insurance Law Association (BILA)
- ICCA
- YIAG (LCIA)
- YAF (ICC)
- Young SIAC
- Testimonials
Richard Wise is a very good insurance lawyer. He knows the area like the back of his hand and is always willing to think outside of the box'
Insurance Litigation for Policyholders - Legal 500 2020‘Richard Wise is an impressive lawyer and a tremendous individual‘
Insurance Litigation for Policyholders - Legal 500 2020The 'brilliant' Richard Wise… draws extensive praise for his sophisticated policyholder practice… A client says: 'He is very astute and is able to look at things from both a legal and practical, solution-oriented angle.'
Insurance Mainly Policyholders - Chambers & Partners 2019'brilliant at both complex legal disputes but also at managing clients’ and ‘has a very strong awareness of client needs and priorities’
Insurance Litigation for Policyholders - Legal 500 2017