Belinda Schofield

Belinda Schofield is a partner in our Insurance and Reinsurance Group, based in Leadenhall Street, London.

Belinda has over 30 years’ experience in the London market and is acknowledged as a leader in the fields of general insurance claims and professional negligence. Her practice includes large insurance disputes covering banks and financial institutions, professional indemnity, energy, property and reinsurance disputes.

Significant cases for the insurance market Belinda has worked on are:

• Advising insurers on dispute with bank regarding longevity risk on securitised life portfolio.
• Advising insurers of one of the joint venture oil companies with regard to Buncefield.
• Advising insurers of one of the defendant banks in the Enron litigation.
• Successfully representing reinsurers in aggregation dispute concerning repairs to various oilrigs and platforms.  
• Successfully representing actuaries in claim by Lloyd’s syndicate regarding reinsurance losses involving accounting of RITC premium into subsequent years.
• Advising PI and D&O insurers and reinsurers on one of the largest Irish bank regulatory investigations, including commutation settlement of PI aspect, involving novation of underlying insurance.
• Representing insurers in coverage dispute concerning various bank losses including recent Russian first party loss claims and losses arising from collapse of Belgium bank.
• Advising insurers on coverage disputes regarding Canadian Oil Sands Mine, resolved at close of arbitration.
• Providing coverage advice on split caps issues.
• NRG v Bacon & Woodrow & Ernst & Young, successfully representing the actuaries.
• Lloyd’s litigation representing members and managing agents resulting in the R&R.

Belinda’s contentious work includes advising brokers and she has represented brokers and their insurers in numerous market disputes including those involving Irish solicitors indemnity fund; placement of Italian med-mal; and Korean ship finance guarantee products. Her work in the financial institutions sector has included advice on exposure of pension trustees, fund managers, fund administrators and hedge fund losses.

Belinda’s non-contentious work includes risk management training for brokers; drafting of policy wordings; product development for insurer clients; and advice to financial investors in securitised life and health products. Belinda was the instigator and is one of the leading editor partners of the CMS Cameron McKenna Insurance Broking Practice and the Law legal text published by Informa.

Belinda is the firm’s co-ordinator of our external Advisory Network which provides high-level management support to the Executive and the Board.