Legal Guidance and Research / Experts / Michael Morris
Michael Morris#6858
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Michael Morris

Clyde & Co LLP
Michael is a re/insurance lawyer based in Clyde & Co's Dubai office who specialises in litigation, trade-credit and political risk insurance (contentious and non-contentious), reinsurance disputes, professional liability claims and subrogated recoveries.

Michael's experience includes:

  • Acting on a wide range of complex, high value trade-credit policy coverage disputes in the UAE local Courts, the Dubai International Financial Centre, and the ICC Court of Arbitration;    
  • Handling a wide variety of international insurance and reinsurance disputes;
  • Drafting and advising on a variety of policy wordings on behalf of trade-credit and political risks insurers (both ECAs and private market); 
  • Defending high profile professional liability claims; and
  • Pursuing subrogated recovery actions on behalf of PAR re/insurers. 

Michael also has experience of advising and defending local insurers and their reinsurers in relation to Bankers' Blanket Bonds, Contractors' All Risk, Property All Risk, and Group Life Credit Assurance policy coverage disputes. 

Prior to relocating to the UAE in 2015, Michael gained extensive experience of commercial and professional liability claims in the United Kingdom, acting for insurance companies and a wide range of professionals (including: accountants, architects, barristers, engineers, solicitors and surveyors). He also spent 15 months on secondment in the claims teams of two global insurers in 2010 and 2014.

Practice Area

Panel

  • Contributing Author

Qualified Year

  • 2010

Membership

  • Law Society of England and Wales

Qualifications

  • Certificate in Blockchain Technologies (online) (2021 (MIT))
  • MBA Essentials Certificate (Online) (2020 (LSE))
  • PDGL (LPC) (2007)
  • LLB (2004)

Education

  • Massachusetts Institute of Technology (2021)
  • London School of Economics (2020)
  • BPP Law School (2007)
  • Nottingham Trent University (2004)

1 Contributions by Michael Morris

Trade credit insurance: coverage, risk classifications, policy mechanics, credit limits, insured percentages, payment terms, claims process, exclusions, and interfaces with banks and other financiers
PRACTICE NOTES
Trade credit insurance: coverage, risk classifications, policy mechanics, credit limits, insured percentages, payment terms, claims process, exclusions, and interfaces with banks and other financiers
Trade credit insurance generally protects a policyholder against unpaid receivables arising from protracted default (i.e. when an invoice is not settled after its due date), buyer insolvency, or political risk. By shifting credit exposure off the policyholder’s balance sheet, it can strengthen profit and loss accounts, and may lead to lower bad debt provisions. Types of risk insured Trade credit insurance risks are commonly divided into commercial and political risks: Commercial risk: usually the buyer’s insolvency resulting in a payment default, or the buyer’s failure to pay for the goods on the due date Political risk: the possibility that a government buyer or a country blocks completion of a transaction or does not meet its payment obligations. Examples include: regulatory or legislative freezes on payments expropriation or confiscation of goods import and export embargoes unforeseeable extraordinary measures of third countries war, hostilities, rebellion, insurrection, revolution, riot, or civil commotion abroad preventing payment or collection of the contract price...
Insurance & Reinsurance
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