Since day one, Richard has been managing principal of the firm. Under his stewardship and in response to client demand, Gilchrist Connell has grown exponentially from two small offices in 2008 to five offices and around 200 staff. Richard is also a highly effective defendant-side dispute resolution lawyer with three decades of experience in all aspects of insurance law from property damage and casualty to complex financial lines and D&O claims. His pragmatic approach enables clients to clearly assess their risks and options and to make fully informed decisions to bring their matters to either resolution or trial in the most direct and effective manner. Richard’s relationship with his longest standing clients goes back over decades and thousands of matters.
He is currently panel solicitor to:
- 13 professional indemnity insurers acting for accountants, conveyancers, land agents, lawyers, architects, valuers, certifiers and engineers
- 11 property and casualty insurers acting in public liability, property damage, industrial accident and worker-to worker claims
- Four EPL insurers and
- Two CTP providers
Richard is also a current solicitor for three major self insurers – a contracting company, an engineer and a tier one builder.
A long-term client who has continued to work with Richard whilst at two major insurers, describes him as “highly valued”, achieving “one of the strongest relationships” and “excellent” claims outcomes. Despite multiple, vigorous panel reviews at both insurers, “Gilchrist Connell has always been able to remain on the panel”.
Richard is a member of the ALPMA and the ANZSLA
Chambers and Partners Asia Pacific – Individually Ranked [Insurance], comments include: “excellent advice on a large matter”, Richard obtained a “good outcome” in “difficult circumstances with demanding parties”
Articles and Presentations
Richard Wood, Navigating uncharted terrain – the challenges before the Australian insurance industry – 2022 Best Lawyers in Australia
Presentation to insurers on physical or legal control exclusion November 2020
Presentation to insurers on the Uniform Civil Rules (SA) August 2020
Banking Royal Commission Final Report – What can we now expect? March 2019
Presentation to insurers on Insurance Contracts Act 1984(Cth) & interested parties, 2017
Presentation to insurers on Professional lines in Australia – recent developments, 2017