Clyde & Co promotes indemnity partner

Lurie has over 25 years of experience in professional indemnity, construction, liability insurance, and financial lines, and has acted for multinational insurers as both defence and coverage counsel.

“Steven’s promotion to partner is fantastic and will help with our focus on further growing our offering in the professional risks space, particularly in relation to engineering and construction claims,” Clyde & Co insurance partner Matthew Smith said.

Australia managing partner, based in Brisbane, Rebecca Kelly, said the promotion has underlined the firm’s “growing, strong presence in our core sector of insurance” and has reinforced the “career pathways available as part of our Australian practice”.

Lurie’s extensive experience includes representing insurers of financial institutions in claims arising from margin calls made during the global financial crisis, acting for D&O insurers of a reinsurance company in long-running coverage disputes, and assisting construction, engineering and mining companies in class actions.

He also represented major engineering firms across the gamut of engineering disciplines, including in the defence of long-running professional negligence claims from the Gateway Upgrade Project. At the time, that was Australia’s largest infrastructure project.

For more than 10 years, Lurie has also defended professional negligence claims against solicitors and barristers.

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On his promotion, Lurie said Clyde & Co’s status as the “world’s leading” insurance firm represents the “pinnacle of legal practice”.

“I am excited to be able to continue serving clients, both locally and internationally, and offering them the breadth of knowledge and expertise that only a truly global and integrated firm like Clyde & Co can,” Lurie said.

The promotion follows the appointments of special counsel Hugo Thomas, Kyle Bowles, and William Madani in the firm’s insurance liability and indemnity practice.