Biography

Chen Foley represents European and Bermuda based insurers and reinsurers in coverage matters, including matters involving directors and officers liability, errors and omissions and general liability (particularly policies written on the “Bermuda Form”). His experience includes investigating underlying claims, advising on and drafting policy terms, drafting coverage opinions and managing coverage disputes. Mr. Foley frequently works with Sedgwick’s associated Bermuda office on matters involving issues of Bermdua law.

Membership and Honors

Mr. Foley is a member of the Professional Liability Underwriting Society (PLUS).

Presentations and Publications

Mr. Foley’s most recent presentations include:

• "European D&O - Emerging Challenges," Sedgwick’s Sixth Annual Hot Topics Seminar for the Bermuda Insurance Market (October 2008).
• "D&O Claims Management 2010 – What Does the Future Hold?" PLUS European D&O Liability Forum, London, England (4 October 2007).

Mr. Foley’s published articles include:

• "Scottish Appellate Court Affirms There's Nothing Inherently Wrong With Solvent Schemes of Arrangement," Sedgwick’s Insurance Law Update (February 2010).
• "Direct Action Streamlined," and "Full Disclosure the Best Policy When Applying for Interim Injunction on Ex Parte Basis," Sedgwick’s London & Bermuda Newsletter (Winter 2009/2010).
• "Attempt to End Run-Off Rejected as Unfair to Minority Creditors," Sedgwick’s Insurance Law Update (October 2009).
• "House of Lords, England & Wales: Reinsurers Only Liable for Loss Occurring During Period of Reinsurance," co-author, Sedgwick’s Insurance Law Update (August 2009).
• "Blood, Sweat and TIEAs in Bermuda," Sedgwick’s London & Bermuda Newsletter (Summer 2009).
• "Sedgwick Summary: D&O Securities Claims," co-author, Sedgwick publication (May 2009).
• "Bermuda’s Stand on ‘Offshore Secrecy Jurisdictions’," co-author, Complinet (May 2009).
• "Stop Tax Haven Abuse Act", co-author, Sedgwick’s London & Bermuda Newsletter (Spring 2009).
• "Is This The End of Anti-Suit Injunctions in Europe?" Sedgwick’s Insurance Law Update (January 2009).
• "US Embraces Reform of Collateral Requirement Rules" and "The End of Utmost Good Faith", Sedgwick’s London & Bermuda Newsletter (Winter 2009).
• "English Court Holds Arbitration Clause Trumps Service of Suit Clause in Policy," Sedgwick’s Insurance Law Update (September 2008).
• "Money Launderers and Terrorist Financiers: Beware," and "Bermuda Embraces Contract Certainty," Sedgwick’s London & Bermuda Newsletter (Autumn 2008).
• "No US jurisdiction over foreign exchange trading" coauthored with Sarah Hills, Insurance Day (15 August 2008).