Damian McPhun

Partner

T: 020 7469 0428
E: d.mcphun@beale-law.com

Damian McPhun

Education
Universities of Southampton and Leuven, Belgium - LLB (with European Legal Studies)

Admitted
England and Wales 1996

Partner in Beale and Company
2011

Location
London



Damian McPhun 'specialises in claims against IFAs, investment managers, accountants, actuaries and other professionals associated with the financial services sector'
Legal 500 UK 2017

 

Damian's experience includes cases dealt with by way of litigation, arbitration or the regulatory regime, including referrals to the Financial Ombudsman Scheme. He is regularly involved in mediations and other forms of Alternative Dispute Resolution. Damian also undertakes other liability work for major insurers, under public liability policies, including product liability cases and claims arising out of property damage.He has considerable experience of acting in claims against Independent Financial Advisers, investment managers, accountants, actuaries and other professionals associated with the financial services sector, as well as solicitors and insurance brokers. Damian also regularly advises insurers on all aspects of professional liability policy coverage.Damian is a partner in our London office, specialising in professional liability claims. 

In addition to his professional indemnity expertise, Damian is regularly instructed by insurers in connection with property related claims (including pursuing recoveries), product liability claims and claims arising under D&O policies.

Recent and notable cases include:

  • A claim by corporate pension fund trustees alleging negligent advice by the fund's former actuarial and investment advisers (value: approx. £10 million);
  • A claim against an IFA in relation to allegations of negligent advice in respect of investments in Arch Cru products (value: approx. £1.5 million);
  • A claim against a global accountancy firm in connection with alleged negligent conduct as investment managers (value: approx. £4.5 million);
  • Recovery claims against an IFA by the Financial Services Compensation Scheme in respect of Keydata / SLS bonds;
  • Defending contractors against negligence claims arising out of the spread of a fire at a council owned block of flats in South East London following the installation of new windows (value approximately £2.8m);
  • Defending component manufacturers against allegations of defective workmanship in capacitors used in "Polar" sports watches (value approimately £1.4m).

Damian is a member of a number of professional bodies, including the British Insurance Law Association and regularly gives talks on various issues of interest to the insurance industry and in-house counsel. He also contributes to various industry publications, including Insurance Day and Post magazine and is regularly quoted in the trade press.