Insurance
Patrick is a Partner in our Sydney office, with extensive expertise in directors & officers and professional indemnity claims and coverage issues.
Direct Lines
+61 2 9210 4526 +61 434 977 206 patrick.boardman@clydeco.comMain Office
Sydney
+61 2 9210 4400 +61 2 9210 4599Regional experience
Patrick Boardman is a heavyweight; a strategist; a go-to for insurance.
Legal 500, Insurance, 2023
Patrick is the consummate professional, he has everything technically, and he is a leader. He has the gravitas in the market, and he also thinks 360 degrees, is sensitive to his clients’ needs and is incredibly effective.
Chambers and Partners, Insurance, 2024
Full Profile
Patrick is engaged by insurer and insured clients to help them resolve directors & officers and professional indemnity claims and coverage issues, particularly litigated claims against financial companies and professionals, and fraud and fidelity matters.
Patrick is known for providing measured advice to directors and officers in large claims, during ASIC/ACCC investigations and prosecutions, and at Royal Commissions. He is regularly trusted by multi-national insurers to handle high-profile class actions and shareholder disputes.
Patrick is a regular presenter at industry forums and author of papers on industry trends affecting the future of insurance law. He is also an active committee member of APIG.
Patrick is recognised by Insurance Business Australia as a 5-Star Insurance Lawyer and recommended by Chambers & Partners 2024 in Insurance.
Experience
Directors & Officers
- Acting for the primary or excess D&O insurer of current shareholder class actions involving Crown Casinos, Spotless Holdings, RCR Tomlinson, Dick Smith and UGL.
- Advising one of Australia’s largest commercial insurers on its D&O portfolio exposure and coverage for the Banking Royal Commission.
- Advising the primary insurer of various financial lines policies about the collapse of one of Australia’s largest financial services companies- involving shareholder class action, Receivers’ action and a 5 year ASIC Investigation.
Class Actions
- Coverage counsel for primary or excess insurers in respect of current class actions plus significant prior class actions involving Centro Properties, Allco Finance, Leighton Holdings.
- Acting for a senior director in a multi-million dollar class action arising out of the collapse of MFS Ltd.
- Acting for the managing director, two non-executive directors and a senior officer of a failed mid-tier mining company in defence of a shareholder class action and two separate liquidator claims.
Professional Indemnity
- Advising one of Australia’s largest commercial insurers on its PI portfolio exposure and coverage for the Banking Royal Commission.
- Acting for the PI insurers in the defence of investor class actions against Pitcher Partners (auditors of Slater & Gordon) and Australian Executor Trustees.
- Acting for various financial professionals (accountants, financial advisors and fund managers) in defence of claims against them.
Regulatory & Investigations
- Advising the insurer of one of Australia’s largest construction companies about professional services claims globally, including Grand Jury investigations in the US and resultant claims.
- Acting for insureds in various ACCC and ASIC investigations and prosecutions, including insider-trading and price-fixing investigations and prosecutions.
- Acting on behalf of varied medical professionals (including doctors, dentists and pharmacists) in professional investigations, disciplinary actions and prosecutions.