Insurance and reinsurance litigation
continues to increase. Policyholder lawsuits and reinsurance disputes continue to cause lawyers to select insurance and reinsurance experts
. The number of firms acting a “search experts” for law firms has also increased dramatically in the last 10 years.
As an industry expert, here are the 10 most important considerations when litigation lawyers are selecting an insurance and reinsurance expert (in order of importance):
2. Knowledge of insurance and reinsurance industry
4. Value of the case (monetary value)
6. Industry reputation/professionalism
The litigation expert that possesses the above important considerations is always being contacted by litigation lawyers to act as consultant, draft expert reports, deposed, and trial testimony.