Bond Dickinson secure international insurance firm contract

Law firm Bond Dickinson, who operate offices in Newcastle and Stockton, have secured a contract to handle international insurance firm AIG’s high-volume contract work.

The contract win follows the firm’s re-appointment to AIG’s legal panel earlier this year and will see Bond Dickinson working to ‘modernise’ hundreds of medium risk and high-volume contracts with AIG’s providers.

Ian Peacock, insurance and client Relationship Partner for AIG, commented: ’We are delighted to have been awarded this contract, which will involve handling important work that will minimise an important risk for AIG.

“AIG has been a client of the firm for many years and we have developed an excellent relationship with their in-house legal team. We are glad to be able to help them package this type of legal work and allow their in-house legal team time to focus on strategic matters.

“This appointment is an endorsement of our deep understanding of the ever-changing challenges the insurance industry is facing and we are constantly looking to see what more we can do. With one of the largest team of commercial lawyers in the country, we are well placed to do so.

“Excellent client service is at the heart of the Bond Dickinson’s strategy and we strive to look for innovative solutions for our clients in the way we work for them. Fixed fees and quality assurance are only two of the solutions we offer. “

Chris Newby, AIG’s general counsel for Europe, the Middle East and Africa, commented: ‘This appointment will help drive consistency and volume discounts and will further cement our existing relationship with the firm.’