Combining the skills of an insurance & reinsurance team with pensions experience, Appleby is trusted by international financial sector clients and often instructed by prominent insurance managers and brokers on the Isle of Man. The practice co-chairs are Juan Thornley, an expert in pension and insurance scheme establishment, management and regulatory updating, and Garry Manley, who leads on complex regulatory elements of cross-border corporate transactions as well as captive insurer governance and restructuring. Michelle Brook assists on insurance transfer schemes, and Katherine Garrood is renowned for her work in providing general regulatory counsel.
Insurance and pensions in Isle Of Man
Appleby
Responsables de la pratique:
Juan Thornley; Garry Manley
Autres avocats clés:
Michelle Brook; Katherine Garrood
Les références
‘We are very familiar with the corporate team at Appleby and its professionalism, knowledge and attention to detail are defining qualities that ensure we continue to utilise their services. They take the time to explore all required actions and tailor their work to suit our needs. Where necessary, they will liaise internally to utilise the wide skillset within the team.’
‘Garry Manley is our go-to contact for our regulatory and corporate work across our business. He is incredibly knowledgeable in his field and has saved us time and resource with his wide knowledge of the insurance industry. Similarly, where necessary and someone else is more suited to a request we have, he has put us in contact with Michelle Brook, who assisted us with a recent commutation and company closure along with management agreement reviews.’
‘The corporate team is always quick to respond and provide prompt response to our queries. We enjoy their calm demeanour and advice.’
Principaux clients
Quilter plc
Monument Re
International Financial Group Limited
Utmost International
Thomas Miller
Zurich International Life Limited
Hansard Global PLC
Signature Aviation
Principaux dossiers
- Advising International Financial Group Limited on the purchase of Isle of Man Assurance Limited’s wealth book of business pursuant to a court-sanctioned long-term business transfer scheme.
- Acting for Signature Aviation on a cross-jurisdictional reorganisation of captive insurance companies.
- Completing the first simultaneous transfer of domicile, re-registration and merger of two Isle of Man insurance companies.
Cains
Cains' insurance practice acts on a broad array on insurance and pension matters, with a range of experience across the team in regulatory compliance, litigation, and corporate and commercial law. The highly experienced Tristan Head provides comprehensive insurance advice in the context of corporate transactions, many of which are multi-jurisdictional, and Scott Leonard-Morgan leads on insurance asset management and transfers. Richard Kniveton joined the firm in September 2024.
Responsables de la pratique:
Tristan Head
Autres avocats clés:
Scott Leonard-Morgan; Richard Kniveton
Les références
‘The team at Cains is commercially minded, pragmatic and quite accustomed to working collaboratively with banks, overseas lawyers, accountants and the various other parties usually involved in complex multijurisdictional transactions.’
‘Tristan Head and Scott Leonard-Morgan are very experienced in large corporate insurance transactions and accustomed to providing insurance regulatory advice on a diverse range of issues that come up from time to time.’
Principaux clients
Isle of Man Assurance Limited
Friends Provident International Limited
Pender Mutual Insurance Company Limited
Principaux dossiers
- Acting for Isle of Man Assurance Limited on all legal and regulatory aspects concerned with the sale of its long-term wealth business to International Financial Group Limited.
- Advising and representing Friends Provident International Limited in defending a multi-claimant action filed in the Isle of Man High Court by 336 claimants seeking damages for alleged implied misrepresentation and breaches of duty arising from the issue of certain financial products.
- Acting for the Friends Provident International Limited, as defendant, in alleged secret commissions claim involving over 300 claimants.
DQ
DQ's dedicated team of advocates has both insurance and pensions capabilities, and provides corporate and regulatory counsel to a wide base of employers, pensions schemes and trustees. Annemarie Hughes is a highly experienced pensions specialist and Rachel Winterbach advises on pension scheme amendments and other significant commercial matters. Andrew Harding employs his corporate expertise to provide transactional advice to insurance funds and trusts.
Responsables de la pratique:
Annemarie Hughes
Autres avocats clés:
Rachel Winterbach; Andrew Harding
Les références
‘As a UK pensions consultant who manages offshore arrangements, I often struggle to keep my ear close to the ground for Isle of Man legislative guidance. I am very reliant on the expertise of DQ to guide me. The services they provide are unique as I don’t get that kind of support anywhere else.’
‘Very pragmatic, which is essential when trying to unpick and rectify legacy issues associated with antiquated pensions scheme trust instruments.’
‘Annmarie Hughes is extremely approachable and attentive. I think she takes the time to understand an issue to provide a fair response or understand an issue.’
Keystone Law
Keystone Law provides Isle of Man tax, regulatory and transactional legal counsel to many large international insurance and pension funds and schemes, often also working with large clients in the financial sector. Instructed by global and other Isle of Man-based law firms on pensions matters, Ben Hughes has established, long-term relationships with major occupational pension schemes, for whom he provides advice on ongoing governance and administration pension scheme and trust mergers, acquisitions, terminations and transfers, as well as pension business establishment and redomiciling, many of which have complex insurance regulatory and legal elements attached.
Autres avocats clés:
Ben Hughes
Les références
‘The firm was able to meet our needs in having the expertise to provide advice on a niche area in respect of Isle of Man law. Ben Hughes provided exceptional support on a complex matter while engaging in a pragmatic/commercial way. He is a safe pair of hands!’
‘Keystone Law provides pensions legal advice to our trustee board and supports us in navigating the specific requirements for Isle of Man registered pension schemes. Ben Hughes has a deep knowledge of Isle of Man pensions legislation and we rely on his advice when making any changes to scheme design.’
‘Very commercial team. Ben Hughes is really at the top of his game, supremely commercial and technically spot on.’