Hovsep Afarian

Select Representative Mandates

• Catastrophic Property Damage and Business Interruption Claim

  Successfully recovered $445 million for a catastrophic property damage and business interruption claim.

• Environmental Liability Coverage Claims

  Successfully settled complex long-tail environmental liability coverage claims against thirteen insurers.

• International Coverage Dispute involving Global Manufacturer

  Successfully represented a global manufacturer in an international dispute against over twenty insurers for losses arising from a failed compressor.

• Nursing Home Class Actions

  Representing senior living homes against various insurers for potential liability arising from COVID-19 outbreaks.

• U.K. Insurance Arbitration

  Successfully represented a client in a U.K. insurance arbitration arising from alleged defects in one of Canada’s biggest construction projects.

• Precedent-setting Case on Insurance Allocation

  Successfully represented a client in a precedent-setting insurance case regarding insurance allocation issues.

• Cyber Insurance Expertise

  Assisted financial institutions in placing complex billion-dollar cyber insurance programs.

• Recovery of Insurance Proceeds for Securities Claims

  Successfully represented a telecommunications company in obtaining insurance coverage for a series of securities actions claiming billions of dollars in damages.

• Catastrophic Oil Spill Claim

  Successfully represented a natural resources company in recovering insurance proceeds for losses arising from one of the biggest oil spills in North American history.

• Largest Fidelity Bond Claim

  Successfully represented a financial institution in the largest fidelity bond claim in Canadian history.