Razi Mireskandari, non-executive director at Litica
Litica, the world’s leading ATE & litigation insurance provider, has announced the appointment of Razi Mireskandari as a non-executive director. This strategic move underscores the company’s commitment to enhancing its leadership team during an era of rapid global expansion.
Razi Mireskandari, the Managing Partner and leader of the Dispute Resolution team at Simons Muirhead & Burton (SMB), brings a wealth of experience and a stellar reputation for advising clients on a diverse spectrum of commercial disputes and high-profile litigation cases. His impressive track record spans from individuals to multinational organisations, showcasing his ability to provide practical solutions to complex legal challenges, often under intense time constraints.
Upon his appointment, Mireskandari expressed his enthusiasm, stating, “I am incredibly excited to be joining the board of directors at Litica, a company that has rapidly established itself as a global leader in the ATE and litigation insurance industry. My passion for providing pragmatic solutions to complex legal issues aligns with Litica’s mission to provide the most innovative and comprehensive insurance solutions to the world’s leading law firms. I look forward to contributing to the company’s growth strategy and working with a team that is recognised for its innovation and commitment to excellence. This is an exciting new chapter, and I am eager to help shape the future of Litica.”
Stephen Bolster ACII, Co-founder and Director at Litica, stated, “We are thrilled to welcome Razi to our board. His extensive experience, coupled with his reputation for being a shrewd commercial lawyer and brilliant strategist, makes him an invaluable addition to our team. His ability to get right to the heart of matters aligns perfectly with Litica’s core principles.”
Co-founder and Director Steve Ruffle added, “Razi’s appointment is a testament to Litica’s commitment to bringing in the best talent to deliver the most comprehensive and tailor-made innovative insurance solutions in the industry. We are excited about the expertise and insights Razi will bring to our board.”
This latest addition to Litica’s board of directors signifies a significant milestone for the company as it continues to strengthen its position as a global leader in ATE and litigation insurance.
Established 2019, Litica has already provided over GBP£1bn in insurance capacity across a range of litigation & arbitration risks and is permitted to underwrite policies globally, with offices in London, Cologne and Sydney. Litica’s strong in-house legal team has the largest number of legally trained underwriters in the market, who are trusted by and underwrite on behalf of a large panel of leading A rated insurers.
2023 has been an incredible year for Litica, being ranked by Chambers and Partners UK as “Litigation Insurance Underwriters 2023 – Band 1”, with Steve Ruffle and Ed Yell recognised as Band 1 in the individual category. Eliza Finch was recognised as a WWL Thought Leader – Third Party Funding Award and Stephen Bolster as a Lawdragon Global 100 Leaders in Litigation Finance.
