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Andrew Schütte
Biography
Andrew qualified as an insurance and reinsurance lawyer in the City in 2001. He joined Keoghs’ London office as a partner in 2017.
Andrew has wide experience in coverage and related disputes across a number of lines of first party and third party business, including reinsurance, property, CAR, PI, D&O, and cyber. He has a particular interest in the operation of the insurance market and often acts in connection with subscription market issues, delegated authority agreements and layered (re)insurance programmes.
Andrew's caseload typically consists of technical, complex and/or high value matters, often involving multiple parties and jurisdictions around the world. He also drafts (re)insurance wordings and advises insurers on product development.
Andrew is a regular speaker and commentator in the insurance market and runs the Insurance Contract Wordings courses for the Lloyd’s Market Association. The Legal 500 describes him as ‘excellent’ and says ‘He knows the market extremely well and has good litigation antennae. He works hard and strives for the best outcome for his clients. Highly recommended'.
Latest Insights by Andrew Schütte
Client Alerts 21/02/2019
PRA and cyber insurance underwriting risk: The results are in…
In 2017 the Prudential Regulation Authority (PRA) required insurers to identify and measure their cyber exposure through both affirmative cyber insurance and non-affirmative or ‘silent cyber’ insurance.
Insight Extra 21/02/2019
PRA and cyber insurance underwriting risk: The results are in…
In 2017 the Prudential Regulation Authority (PRA) required insurers to identify and measure their cyber exposure through both affirmative cyber insurance and non-affirmative or ‘silent cyber’ insurance (Supervisory Statement 4/17 ‘Cyber insurance underwriting risk’).
Blogs 11/01/2018
Professional Indemnity: Defence costs cover under accountants’ minimum terms
In many cases, indemnity for defence costs is the most significant head of cover in professional indemnity insurance. In a recent judgment, the High Court has interpreted the minimum terms of the Institute of Chartered Accountants of England and Wales (“ICAEW”) (the “Minimum Terms”) in favour of insurers in respect of their right to be repaid defence costs by a policyholder.