Phil Foley FCII MCIArb MEWI Chartered Insurance Practitioner
Expert Witness in Insurance Underwriting and Broking
Author of CII Publication 'Strategic Underwriting'
For twenty years Mr Phil Foley was a specialist insurance broker in Professional Indemnity (PI) insurance. His expertise includes Broker’s Errors & Omissions (E&O) and the wider PI market incorporating accountants, lawyers (solicitors), barristers, surveyors, architects, engineers, actuaries, IFA’s, consulting firms and, of course, the myriad of miscellaneous PI risks that exist.
In addition, Mr Foley has a comprehensive and thorough understanding of Financial Institutions such as banks, stockbrokers, investment advisors, private equity, venture capitalist companies and Trust companies. He was involved in global insurance programmes as a broker and that specialism continued during his underwriting career and through to the present time.
Phil Foley was an underwriter - Head of Speciality Casualty, Chief Underwriting Officer and Lloyd's Active Underwriter - between the years 1998-2014. During that time he established an excellent reputation as a liability specialist having gained experience across a broad range of insurance business to include the wider Casualty market. He has a strong and in depth knowledge of the following product lines:
While no two expert witness instructions are alike, Mr Foley typically acts in relation to coverage disputes to include avoidance and declinature issues as well as London market practice. Recent expert cases have included:
Mr Foley acts for either claimants or defendants and has given oral evidence in court in the UK and Asia, and arbitrations in Ireland and the UK.