What's Happening?
Lowenstein Sandler has announced the addition of Arthur Armstrong as a partner in its insurance recovery group. Armstrong brings extensive experience in representing both privately held and publicly traded companies in disputes with primary and excess
insurers. His expertise spans across various insurance policies, including cyber, first party property, commercial general liability, directors and officers (D&O), and errors and omissions (E&O) insurance. Armstrong is particularly noted for his work in cyber insurance, where he has advised clients on issues such as ransomware attacks and data breaches. Prior to joining Lowenstein Sandler, Armstrong was with Reed Smith.
Why It's Important?
The inclusion of Arthur Armstrong in Lowenstein Sandler's insurance recovery group is significant as it strengthens the firm's capabilities in handling complex insurance disputes, particularly in the growing field of cyber insurance. As businesses increasingly face cyber threats, having a legal expert with Armstrong's background can be crucial for companies seeking to navigate the intricacies of insurance claims related to cyber incidents. This move could enhance Lowenstein Sandler's competitive edge in the legal market, attracting more clients who require specialized knowledge in insurance recovery and cyber risk management.
What's Next?
With Armstrong's expertise, Lowenstein Sandler is likely to expand its client base in the insurance sector, particularly among companies seeking guidance on cyber insurance claims. The firm may also see an increase in demand for its services as businesses continue to prioritize cybersecurity and risk management. Armstrong's role could involve developing new strategies to address emerging challenges in the insurance industry, potentially leading to further growth and innovation within the firm's insurance recovery practice.
