Mark Hick
I lead our Insurance team and Financial Services sector team of over 40 lawyers.
Tel: +44 (0)870 733 0576
Email: mark_hick@wragge.com
Services: Insurance, Dispute Resolution
Business sectors: Financial Services, Professional Liability
Best brains in...
Transaction-related insurance issues, policy coverage issues and resolution of heavyweight disputes
Highlight of your career so far?
After working here for 20 years choosing one highlight is not easy! I'm working on a £100 million plus dispute involving the developers, builders, retailers and insurers of a large shopping centre. With many claimants and defendants with different interests and insurers, I'm finding solutions for our clients involving recovering many millions of pounds in a way that the other parties can live with.
Most challenging job you've ever done?
Delivering a warranty & indemnity insurance solution on a corporate acquisition which ran through Christmas and the New Year. The deal could not have proceeded without an insurance solution.
What about outside the UK?
Like most of the firm, insurance clients come from all over the world. I'm currently advising Belgian-based reinsurers on a £100 million plus dispute in the nuclear industry.
What's your definition of going the extra mile... And when have you done it?
Working through nights, weekends, Christmas and the New Year to enable an M&A deal to go through.
Best example of a creative legal solution?
Pushing the boundaries of tax opinion indemnity, directors & officers (D&O), and warranty & indemnity insurance. This enabled a number of M&A deals to complete, which would not have completed without a risk transfer solution.
What's your single greatest contribution to Wragge & Co's corporate responsibility?
I have been on nine charity treks with others from Wragge & Co LLP supporting Sense, a charity for young people who are both blind and deaf. The 2010 trek is to Norway!
What's been written or said about you that you're most proud of?
'He saved my life'... a big exaggeration from a client. The comment was made after the client's business nearly went under, but for our resolving a crucial insurance dispute. The client has prospered since and is now a multi-millionaire, but never forgets the life-threatening position his business was in.
