Leading Associates

Firms To Watch: Insurance: corporate and regulatory

The financial services and insurance team at Browne Jacobson LLP recently strengthened its tech and commercial insurance offering with the arrivals of Rowan Armstrong, Alex Mason, Duncan McMeekin, Ben Littlejohns, and Carmen Safavi from EY in May 2024.
Macfarlanes LLP‘s insurance practice is recognised for its advisory work on pension risk transfer schemes, with team head Andrew Barton focusing on bulk annuity transactions and longevity swaps.
Paul, Weiss, Rifkind, Wharton & Garrison LLP's growing team has extensive experience advising leading players in the insurance sector on a wide variety of transactions, ranging from M&A and financing deals to complex reinsurance structures and portfolio transfers.

Insurance: corporate and regulatory in London

Clifford Chance LLP

The team at Clifford Chance LLP has ‘broad expertise and talent’ when advising clients across the full array of the insurance sector. Ashley Prebble, who spearheads the firm, has a notable specialism in Part VII transfers, M&A, complex reinsurance arrangements, and regulatory matters. The ‘outstanding’ Cheng Li Yow is well-recognised for her work in longevity (re)insurance, insurance-linked securities, framework funded arrangements, and asset and flow reinsurance, particularly in the UK, and also has experience in the Asian and EEA markets. Hilary Evenett has a vast amount of experience in corporate and commercial work, which includes portfolio transfers, solvency and regulatory capital issues, and reinsurance transactions. James Cashier is a name to note when it comes to complex transactional and advisory matters; Cashier covers the full array of insurance regulatory matters for clients within the insurance and life insurance markets.

Responsables de la pratique:

Ashley Prebble


Autres avocats clés:

Cheng Li Yow; Hilary Evenett; James Cashier; Nancy Li


Les références

‘The team is very experienced and knowledgeable in the insurance industry. The turnaround time on request is usually pretty fast, and the work product is excellent.’

‘Cheng Li Yow is an outstanding (re)insurance transactional lawyer. She’s very experienced and knowledgeable, and always prepared. Cheng Li is very calm and polite, yet notably firm and persistent in negotiations.’

‘It is always a pleasure to work with Cheng Li Yo. Her industry knowledge and deep insights make the difference every time.’

Principaux clients

Aviva plc


MetLife


Manulife


Ki Financial Limited


Riverstone International


Inigo Limited


Prudential Financial Inc


Intact/RSA


Admiral Group plc


Domestic & General


Pacific Life


Hudson Structured Capital Management


Pool Re


Apis GP III


Monument Re


Domestic & General


Zurich


Swiss Re


Principaux dossiers


  • Advised Aviva plc on its proposed acquisition of Direct Line plc.
  • Advised Manulife on its acquisition of CQS, an alternative credit manager.
  • Advised Ki, Lloyd’s first fully digital and algorithmically powered syndicate, on becoming a standalone business.

CMS

CMS regularly advises on annuity and pension risk transfer transactions, transactional insurance matters, and provides regulatory advice to several notable clients. The team is jointly steered by both Pippa Tasker and Owen Ross. Tasker is ‘sharp and efficient’ when advising tech-finance businesses on their insurance transactions. Ross has notable experience advising on complex acquisitions, divestments, and partnership arrangements. James Parker has a niche in pension buy-ins and buy-outs, derivative solutions, and longevity insurance, and works with high-profile insurers and reinsurers. Fiona Cassidy advises insurers, service providers, and intermediaries on a broad range of matters within the insurance market.

Responsables de la pratique:

Owen Ross; Pippa Tasker


Autres avocats clés:

Sarah Brook; Paul Edmondson; Ed Foss; James Parker; Fiona Cassidy


Les références

‘Love working with Pippa, she is sharp and efficient, dedicated, and cares about her clients.’

‘We get great support from Sarah Brook, Paul Edmondson, and Ed Foss.’

‘CMS has several teams that are well placed to support financial services businesses. They can bring in relevant experts from different teams that work well together and are very upfront about if they are best placed to advise.’

Principaux clients

Phoenix Group


Rothesay Life


Pension Insurance Corporation (PIC)


International Passenger Protected Limited (IPP)


Just Group


Clara


QBE


MetLife


Unum


Generalli


Legal and General


Rothesay


Brookfield Annuity


Utmost


Aon


Ardonagh


Principaux dossiers


  • Advised Phoenix Group on its agreement with Schroders to form Future Growth Capital, the first private market investment manager to be established in the UK to promote the objectives of the Mansion House Compact.
  • Advised Rothesay on the acquisition of a £6bn bulk annuity portfolio from Scottish Widows, a member of the Lloyds Banking Group.
  • Advising Clara-Pensions, the member-first consolidator for defined benefit pension schemes, and the Trustees of the Debenhams Retirement Scheme on a de-risking agreement on the UK’s second-ever superfund transaction.

Slaughter and May

Slaughter and May‘s team is respected for advising on life and non-life insurance transactions. Practice head Jonathan Marks is particularly skilled in advising on risk transfer transactions, corporate and governance matters, and M&A-related matters. Thomas Peacock advises a range of clients on (re)insurance arrangements, de-risking transactions, and corporate reorganisations. Nick Bonsall advises on insurance-based pension scheme de-risking transactions and general insurance advisory work. Advising clients on Part VII transfers, compliance matters, and authorisation and passporting requirements is Amy Bennett, who is also experienced in funded reinsurance and asset-only reinsurance.

Responsables de la pratique:

Jonathan Marks


Autres avocats clés:

Tom Peacock; Nick Bonsall; Amy Bennett


Principaux clients

Allianz


Athora Holding Company


Aviva


Canada Life


Challenger Life Company


Chesnara plc


Compre Group


Direct Line Insurance Group plc


HM Treasury


Legal & General


Mansek


Prudential Assurance Company


Prudential plc


RSA


Zurich Insurance


Principaux dossiers


  • Advised Direct Line Insurance Group plc on the £3.7bn recommended cash and share offer by Aviva plc, including and previously its successful takeover defence from an approach by Ageas.
  • Advised Legal & General on various insurance transactions in respect of the risks of defined benefit pension schemes, including the insurance of c. £1.4 billion of liabilities of the Sanofi Pension Scheme; and the insurance of c. £500m of liabilities of the Inchape Motors Pension Scheme.
  • Advised Chesnara on an insurance business transfer scheme under Part VII of the Financial Services and Markets Act 2000.

Willkie Farr & Gallagher (UK) LLP

Willkie Farr & Gallagher (UK) LLP is known for its advisory work on complex domestic and cross-border transactions. The team’s client base consists of brokers, insurance sector funds, private equity investors, and property-casualty insurers. Joseph Ferraro heads up the practice and brings extensive knowledge on advising on private equity investments, stock exchange listings, and M&A. Bringing a wealth of experience advising on in-house and private commercial and regulatory matters, Melanie James has a client base of legacy insurers, global insurance groups, and intermediaries. Andrew Tromans is known for advising insurance and financial institution clients on the full range of company law matters, such as joint ventures, outsourcing, start-ups, and M&A. Kirsty Maclean is a name to note for advice on insurance and reinsurance claims. Also in the core team is Jennifer Tait.

Responsables de la pratique:

Joseph Ferraro


Autres avocats clés:

Melanie James; Andrew Tromans; Kirsty MacLean; David Griffith; Magdi Adab; Tim Baumgartner; Alexander Cibulskis; Jennifer Tait


Les références

‘Joe Ferraro – A real pleasure to work with. Knows the market inside out and is able to deliver first-rate legal advice.’

‘The Willkie team delivers deep expertise in corporate transactions in the insurance/reinsurance sector, pairing technical mastery with a relentlessly practical approach to execution.’

‘With remarkable consistency, Joe Ferraro makes every interaction feel exclusive, as if no other client exists.’

Principaux clients

The Fidelis Partnership


Atrium


Aon plc and Aon Securities


Qatar Insurance Group


Prudential Financial


Just Group plc


Zurich


Gallagher Securities


SCOR


AIG


Hiscox


QBE


MS Amlin


Conduit Reinsurance


Marco Capital


Willis Towers Watson


Fortitude Re


Compre


FM Global


Pallas Re


Volante


Aspen Insurance Group


Ariel Re


Pacific Life Re


Oaktree


Principaux dossiers


  • Advised The Fidelis Partnership in relation to its establishment of a Lloyd’s syndicate.
  • Advised Aon on its acquisition of international broking group NFP.
  • Advising FM Global on its Part VII transfer.

A&O Shearman

The team at A&O Shearman regularly works on complex, cross-border insurance deals, which include advising on Solvency II issues, acquisitions, and capital provision. Practice head Philip Jarvis has a notable specialism in regulatory capital, insurance derivatives, and product design. Advising pension scheme trustees, banks, and (re)insurers is Kate McInerney, who focuses on M&A and longevity de-risking. Daniel Fletcher has a niche in advising financial institutions and corporations on the full range of debt capital markets issues, including Eurobonds, liability management, and regulatory capital. Tom Grant is known for his advisory work on standalone bonds, EMTN programmes, and liability management matters.

Responsables de la pratique:

Philip Jarvis


Autres avocats clés:

Kate McInerney; Daniel Fletcher; Tom Grant; Matt Huggett; Hilair Bedier; Tanya O’Hagen; Imogen Bishop


Les références

‘The AOS team is extremely knowledgeable, experienced, and considered; they provide clear, practical, and intelligent advice. The team is highly responsive and engaged; they are a pleasure to work with at all levels.’

‘Matt Huggett and Hilair Bedier are highly responsive and great to work with; very efficient; nothing is too much trouble. Very practical and commercial when necessary, and able to focus on what’s necessary to get matters progressed to a satisfactory conclusion.’

‘They are a top-tier financial services powerhouse. We use them for complex insurance M&A, regulatory advice, investments and funds, as well as for our banking work.’

Principaux clients

Ageas


Cinven


Athora Holding


Lloyds


Munich Re


Pension Insurance Corporation


Aegon


M&G plc


Barclays Retirement Fund


Principaux dossiers


  • Advised Belgium-based insurer Ageas on its acquisition of Saga’s underwriting entity and 20-year non-life insurance partnership.
  • Advising Cinven Capital Management (SFF) General Partner Limited (Cinven), acting through its Strategic Financials Fund (SFF), on the acquisition of a 50% interest in QMetric Group Holdings Limited (the Target), the parent entity of Policy Expert, from the Abu Dhabi Investment Authority (ADIA) (the Transaction).
  • Advising Lloyds Banking Group Pensions Trustees Limited (the Trustee) on a third longevity swap transaction between the Trustee on behalf of the Lloyds Bank Pension Scheme No.2 (the Scheme) and Pacific Life Re International Limited (Pac Life).

DLA Piper

DLA Piper acts on Part VII transfers, M&A, reorganisations, and W&I claims within the tech, tax, and employment spaces. Heading the practice are Amrit Mclean and George Mortimer. Mclean, recognised for her work in the pensions de-risking space, acts for all major insurers in this space. Mortimer brings a deep commercial awareness and a history of advising on complex insurance regulatory matters. The team has been further strengthened by the arrival of Charles Rix from Keystone Law in March 2025 and Carl Hotton from Freshfields in March 2024. Rix brings extensive experience in advising on business restructuring matters, insurance business transfers, and reinsurance matters, while Hotton advises high-value clients, including insurers, intermediaries, and private capital participants, on complex M&A, Part VII transfers, and insurance transactions. Matthew Hunter is a name to note for advising on high-value, complex commercial disputes and high-profile employee misconduct.

Responsables de la pratique:

Amrit Mclean; George Mortimer


Autres avocats clés:

Carl Hotton; Charles Rix; Matthew Hunter


Les références

‘A very responsive and collaborative group. Commercially-minded.’

‘Deep and broad sector knowledge – very visible profile in the industry.’

‘Strong market intelligence – they have their finger on the pulse.’

‘Carl Hotton is outstanding, very personable, very client-focused and highly capable.’

 

Principaux clients

AIG


Aviva


AXA and AXA XL


Zurich


Legal & General


Liberty


MNK Re


Rothesay Life Plc


Standard Life


Euclid


Canada Life


Carrick


R&Q


Royal London


Principaux dossiers


  • Acted for the Group Trustee of the National Grid Electricity Group on the £ 1.7 billion pensioner buy-in with Aviva Life & Pensions Limited, insuring benefits for 5,800 pensioner members of the group.
  • Advised Lloyd’s of London’s PPL subsidiary (the electronic trading platform for the London insurance market, in which the Lloyd`s Market Association and the International Underwriting Association also have holdings) on its restructuring to accept significant additional funding from Lloyd’s of London and new shareholder arrangements.
  • Advised Steadfast Group, the large general insurance broker network and underwriting agency group and owner of one of the largest agency networks in the USA, on its 100% acquisition of H.W. Wood Limited (H.W. Wood) and HWI France from HW International BV.

Eversheds Sutherland (International) LLP

Eversheds Sutherland (International) LLP advises clients across the entire life cycle of insurance matters. The firm’s insurance group often advises on M&A, reorganisations, regulatory, and product-related matters. Spearheading the practice are Hugo Laing and Martin Mankabady, who both possess ‘deep and extensive sector and technical knowledge’ that improves client outcomes. Laing focuses on transactional insurance work, often covering M&A deals, reinsurance, and any regulatory capital questions. Mankabady is noted for his non-life business work. Sponsors, reinsurers, and trustees often go to Rosamund Wood, whose practice spans the full extent of de-risking options.

Responsables de la pratique:

Martin Mankabady; Hugo Laing


Autres avocats clés:

Rosamund Wood; Joanna Hooper


Les références

‘Deep and extensive sector and technical knowledge combined with an ethical, professional and pragmatic approach and willingness to propose potential solutions has been highly valued during extensive contractual negotiations.’

‘Excellent negotiators with extensive experience and sector knowledge. Highly responsive and available, offering rapid turnaround times and unfailingly good output. We would like to recommend and thank Martin Mankabady and Joanna Hooper, both of whom have been exceptional throughout extensive contractual negotiations.’

‘Very responsive, commercial and understands our business incredibly well, plus offers us a great perspective as regards complex points on new deals.’

Principaux clients

Resolution Life


Canada Life


Aviva


M&G


Phoenix/Standard Life


RGA


SCOR


Pacific Life


Rothesay


Brookfield


MetLife


Reason Global


Euro Insurances DAC


Maiden Global Holdings Ltd


Principaux dossiers


  • Advised M&G on the launch of its unique “Value Share” proposition.
  • Advised Standard Life (a trading name of Phoenix Life) on the development and launch of an innovative ‘smoothed fund’ product in the retirement market.

Herbert Smith Freehills Kramer LLP

Known for providing full coverage insurance advice for its clients, Herbert Smith Freehills Kramer LLP‘s insurance team advises clients on M&A, portfolio transfers, and reinsurance transactions. Geoffrey Maddock has experience in advising on demutualisations, regulatory capital, and securitisation within the insurance sector, as well as providing a broad range of legal and regulatory advice to insurers and reinsurers. Barnaby Hinnigan oversees the practice and is the key contact for advising banks and asset managers on complex M&A and restructuring transactions. Grant Murtagh‘s expertise lies in large, complex (re)insurance transactions; he is also well-versed in the regulatory regime that involves (re)insurers and (re)insurance brokers.

Responsables de la pratique:

Barnaby Hinnigan


Autres avocats clés:

Grant Murtagh; Alison Matthews; Julia Danskin; Geoffrey Maddock; Sena Calin


Les références

‘The firm has a strong insurance team.’

‘Grant Murtagh is great to work with in terms of technical knowledge and being pragmatic.’

‘HSF’s insurance team is great to work with. They really understand our business and provide clear and practical advice that’s tailored to our needs.’

Principaux clients

Phoenix Group


The Ardonagh Group


Pension Insurance Corporation


Canada Life Group (UK) Limited


Aon


Royal London


Association of British Insurers (ABI)


The Baldwin Group


Willis Towers Watson (WTW)


Pool Re


Hiscox


Miller


Marsh McLennan


Principaux dossiers


  • Advised Lloyds Banking Group on the sale of its £6billion Scottish Widows bulk annuity portfolio to Rothesay
  • Advised Saga on its proposed 20-year partnership with Ageas, which will manage Saga’s motor and home insurance products and acquire Saga’s underwriting subsidiary
  • Advised Aon on the establishment of the Ukraine Recovery and Reconstruction Guarantee Facility (URGF) in partnership with the European Bank for Reconstruction and Development (EBRD)

HFW

The ‘extremely knowledgeable and experienced’ team at HFW is recognised for its work in the Lloyd’s market and on complex mergers and acquisitions. The firm also works with its comprehensive client base to provide insurance regulatory advice on business conduct, enforcement proceedings, and complex new products. Leading the firm is Ashwani Kochhar, who leads on Lloyd’s market matters; Bob Haken, who covers restructurings, distribution arrangements, and prudential regulation; and William Reddie, who advises on a wide range of both corporate and regulatory matters.

Responsables de la pratique:

Ashwani Kochhar; Bob Haken; Will Reddie


Les références

‘Specialist knowledge about Lloyd’s, which is unrivalled. A ‘can-do’ attitude and a good understanding of how in-house legal teams and Managing Agents operate, which helps in-house legal teams achieve what is required.’

‘The team is excellent, smart, thoughtful, creative, and efficient.’

‘The HFW team includes talented and experienced partners.’

Principaux clients

Helios Underwriting PLC


Diamond Underwriting Limited


Asertis


Carbon Underwriting Limited


Agile Underwriting Limited


RiverStone International


AXA XL


Catalina


Travelers


Principaux dossiers


  • Advised Helios on the development of an innovative way of allowing existing and new members at Lloyd’s to « rent » participation on Lloyd’s syndicates.
  • Advising Diamond Underwriting Limited as majority shareholder on the acquisition of shares from minority shareholders through a takeover offer.
  • Advised Asertis on its establishment of a new joint venture insurance managing general agent (MGA).

Hogan Lovells International LLP

Hogan Lovells International LLP advises a broad range of clients across all parts of the insurance industry. Heading the team is Nicola Evans, who has a vast amount of experience when it comes to disclosure and governance issues, domestic and cross-border M&A, the Takeover Code, and secondary capital raising and restructurings. Jamie Rogers advises a range of different clients on financial crime laws and regulations, and all stages of sanctions in the (re)insurance cycle. Advising on corporate reorganisations, insurance regulations, and reinsurance structures is Edward Steward, who also specialises in insurance and banking business transfer schemes. Tim Goggin is ‘immensely experienced’ and recognised for his work on post-Brexit transfers and insurance regulation.

Responsables de la pratique:

Nicola Evans


Autres avocats clés:

Jamie Rogers; Edward Steward; Tim Goggin; Nick Atkins; Neil Chisholm; Francesca Parker; John Connell


Les références

‘The team are capable of addressing all types of solicitations, litigations, and legal advice. In particular, they excel in areas such as Part VII transfers in the UK, disputes with reinsurers, and the legal status of foreign operations. They are both reliable and practical.’

‘Tim Goggin has handled nearly all Part VII transfers in the UK for Japanese reinsurers. He has successfully completed all of them. Neil Chisholm now possesses much of the knowledge that Tim has and can act as the main lawyer for Part VII transfers. Nick can address all types of disputes, legal matters, and provide legal opinions, making him a reliable resource.’

‘Top tier team in the UK corporate insurance transactional and advisory space. The level of expertise and experience is such that they can be consistently relied on to be accurate and efficient in their advice.’

‘Full confidence in the Hogan Lovells team to deliver on our more technical matters. Widespread and consistently high-quality global footprint. An all-round excellent partner.’

‘Francesca Parker – Excellent technical expertise in insurance matters but also across the spectrum of corporate matters, reliable in delivery. John Connell – Very strong matter management, reassuring presence in front of client’s business team, pragmatic attitude to risk is appreciated.’

‘Deep insights on (indemnity-based) longevity reinsurance agreements, strong knowledge on regulations.’

‘Edward Steward is experienced, hard-working and provides practical solutions to problems.’

Principaux clients

AXA


Just Group plc


Enstar


RiverStone International


BMO Life Assurance


NN Life


Arrow Risk Management


Marsh McLennan


M&G plc


Munich Re


Monument Re Limited


Canada Life


Lloyds Banking Group / Scottish Widows


Qatar Insurance Company


Royal London


Sompo


Phoenix Group


Pool Reinsurance Company Limited


Barclays Bank PLC


Assicurazioni Generali


Zurich Assurance Limited


Resolution Re Limited


ING Bank N.V.


Mobius Life


Rothesay Life


Principaux dossiers


  • Advising Enstar (Nasdaq: ESGR) in relation to its merger agreement under which Sixth Street, a global investment firm, and certain other investors will acquire Enstar.
  • Advised AXA Life Europe (ALE) on a reinsurance agreement with New Reinsurance Company Ltd, a Munich Re subsidiary.
  • Advised Just Retirement Limited on a reinsurance transaction with American National Insurance Company, a subsidiary of Brookfield Wealth Solutions.

Norton Rose Fulbright

‘Providing practicable and actionable advice’, Norton Rose Fulbright is a key contact for investors, brokers, and major insurers. The practice advises on disruptive tech and InsurTech, Part VII transfers, MGAs, and structured insurance and reinsurance. Nicholas Berry is experienced in the M&A and private equity markets; he co-leads the practice with James Bateson, who covers IPOs, joint ventures, and distribution arrangements. Maria Ross is a notable name for regulatory and life insurance matters, and Matthew Foster has a niche in emerging markets and discontinued business. The team was further strengthened by the arrival of Adriana Cotter in September 2024 from Eversheds Sutherland (International) LLP. Cotter focuses on regulatory and commercial work for both UK and international (re)insurers and intermediaries.

Responsables de la pratique:

James Bateson; Nicholas Berry


Autres avocats clés:

Maria Ross; Matthew Foster; Matt O’Shea; Adriana Cotter


Les références

‘Adriana Cotter engaged and delivered expert advice in a very user-friendly way. Adriana is very collaborative with good management of expectations on delivery and costs.’

‘Strong team with experience in UK Insurance & Lloyd’s. Deep knowledge of Lloyd’s syndicate transactions and regulation.’

‘The team has strength in depth across the specialist departments and knows its opposite numbers within our company very well. Excellent availability and high-quality senior associates/counsel.’

Principaux clients

Acrisure LLC


AIG


AmTrust


Apollo


Ascot


Aquiline Capital Partners


Arch Capital


Asta Managing Agency Limited


AXA


Bain Capital


Catalina


Chaucer


Dale Underwriting Partners


Great American


Howden Group


IQUW


Macquarie


Markel


Markerstudy Group


Marsh McLennan Inc


Medical & Commercial International


Mercer


Mosaic Insurance


Munich Re


North Standard P&I Association


Omnlife


Parsyl


Partner Re


PIB


Primary Group


Probitas Managing Agency Limited


QBE


Reinsurance Group of America


RiverStone International


Royal London


Starr Insurance


Vitality


Wildfire Defence Syndicate


W.R. Berkley


Zego


Principaux dossiers


  • Advised Asta on the novation of the Ki Syndicate 1618 from Brit Syndicates Limited.
  • Advised American International Group (AIG) on the sale of its worldwide personal travel insurance business, AIG Travel, to Zurich, for an enterprise value of $600 million.
  • Advised Mercer, a global consulting business, on its acquisition of Cardano.

Pinsent Masons LLP

Pinsent Masons LLP has a large insurer and reinsurer client base that goes to the firm for distribution arrangements, insurance regulatory advice, strategic M&A, and complex reinsurance arrangements. Leading the firm together are Hammad Akhtar, who leads on complex matters in the legal and regulatory markets, Hannah Brader, who focuses on M&A, joint ventures, and reorganisations, and Iain Sawers, who is ‘outstanding’ at advising across all stages of the insurance product lifecycle. Walter Clark joined in October 2024 and brought his expertise in advising the firm’s insurer and reinsurer clients, and Peter McCusker, who joined in April 2024, has a niche focus on the asset management side of insurance.

Responsables de la pratique:

Hammad Akhtar; Hannah Brader; Iain Sawers


Autres avocats clés:

Walter Clark; Peter McCusker; Chrissy Findlay; Chris Riach; Rob Paine


Les références

‘The Pinsent Masons team always feels like it’s an extension of our in-house capability, with expanded capacity and greater expertise. They are always willing to give an initial steer, before committing to detailed work.’

‘Pinsent Masons is more than happy to provide training and share their expertise on hot topics, such as changes in the UK’s Consumer Duty regulations.’

‘The individuals I interact with a Pinsent Masons are very pragmatic – they look for solutions rather than looking for problems. They all take pride in helping our firm achieve its wider goals, safely and in a controlled way.’

Principaux clients

Abrdn


Aegon


Allianz Partners


Allianz UK


Aviva Group


AXA UK


Bupa


Chesnara


Direct Line Group


Foresters Friendly Society


HomeServe


HSBC


Just


LV


Marsh & McLennan Group


Phoenix Group


Pinnacle Pet Group


Reliance Life


Royal London Group


RSA


Scottish Friendly


Wesleyan


Zurich Insurance


Principaux dossiers


  • Advised Zurich Insurance Company on the sale of its general marine insurance business, Navigators & General, to the Ardonagh Group
  • Advised AXA UK on a significant strategic bancassurance arrangement with a high street banking group for AXA to become the exclusive retail motor insurance provider under the banking group’s brands.
  • Advised RSA on the integration of the NIG and FarmWeb business it acquired from Direct Line Group, including a Part VII transfer of the back book portfolio

RPC

RPC is known for its non-contentious insurance practice and has a great strength in M&A. The team regularly works with clients on the full range of insurance market matters, from investment and financing/ILS matters to distribution and regulatory issues. Matthew Griffith heads the team and is a key contact for commercial, regulatory, and transactional matters; Griffith is also recognised for his expertise on post-Brexit work. Acting on complex deals in the private equity and insurance markets is James Mee, who often advises on M&A activity involving MGAs. William Hogarth advises on large legacy transactions, as well as renewal rights transfers and corporate transactions.

Responsables de la pratique:

Matthew Griffith


Autres avocats clés:

James Mee; William Hogarth


Principaux clients

Bishop Street Underwriters (a RedBird Capital Partners portfolio company)


HW International


Bain Capital Insurance


Howden Group and Howden Ventures


Assured Partners UK&I


Mosaic


Beat Capital Partners


NormanMax


African Speciality Risks


Markel


Principaux dossiers


  • Advised Bishop Street Underwriters Bishop Street, a RedBird Capital Partners portfolio company, on its acquisition of Landmark Underwriting, a specialty-focused managing general agent in the London insurance market.
  • Advised Bain Capital and Beat Capital Partners on the sale of shares in Beat Capital Partners to Ambac Financial Group, a NYSE-listed US-based insurance group.
  • Advised financial services leader and FTSE100 Aviva on its acquisition of Lloyd’s underwriting syndicate Probitas 1492, including the acquisition of its fully-integrated Lloyd’s platform.

Skadden, Arps, Slate, Meagher & Flom (UK) LLP

Recognised for its ‘market-leading knowledge’, Skadden, Arps, Slate, Meagher & Flom (UK) LLP is known for advising on transactions, reinsurance, and regulatory matters. It works regularly with private equity sponsors, reinsurance companies, and brokers on a number of cross-border matters. Head of the team, Robert Chaplin, is well-versed in the insurance and asset management sectors, advising on strategic reinsurances, disposals, and M&A. Feargal Ryan advises on pension risk transfer life reinsurance transactions and is regularly seen on complex M&A deals.

Responsables de la pratique:

Robert Chaplin


Autres avocats clés:

Feargal Ryan


Les références

‘Fantastic knowledge of the sector.’

‘Very pragmatic and solution-focused.’

‘Market-leading knowledge, good relationships with regulators, clear and quick advice.’

Principaux clients

Acorn Group


Ares Management


B-Flexion


Blackstone Group


BMS Group


Oak Re


Optio / Preservation Capital Partners


Pollen Street Capital / Markerstudy


Staysure Insurance


Willis Towers Watson


Principaux dossiers


  • Advising Blackstone and AIG in setting up a Lloyd’s reinsurance syndicate (Syndicate 2478) which began underwriting on January 1, 2025.
  • Advised Oak Reinsurance in the establishment of a new Lloyd’s of London syndicate, backed by private equity house Bain Capital, with target lines such as property, credit, cyber, marine and energy.
  • Advised the independent specialist insurance and reinsurance broker BMS Group on its acquisition of David Roberts & Partners (DR&P) from Inflexion.

Bryan Cave Leighton Paisner

Bryan Cave Leighton Paisner is best known for offering the full service of corporate and regulatory issues for clients. The team also advises on W&I insurance matters. Practice head Geraldine Quirk carries extensive experience when it comes to restructuring, transactional, and regulatory advice for her clients. Quirk’s client base often includes brokers, non-life and life insurers, reinsurers, and legacy entities, and she focuses on cross-border mergers, reinsurance arrangements, and all aspects of the UK regulatory regime. Adam Bogdanor advises several high-profile clients within the hotels and financial services industries on Part VII business transfer schemes, conduct of business, and M&A.

Responsables de la pratique:

Geraldine Quirk


Autres avocats clés:

Adam Bogdanor


Les références

‘Great practice group within a firm with strong credentials in various aspects of the insurance industry.’

Principaux clients

Enstar Group


RiverStone Group


Aspen


QBE


AXA Insurance UK Limited


Premia Group


Tangency Capital


Fidelis


Allianz Trade


CNA Insurance


English & American Insurance Company Limited


OIC Run-Off Limited and The London & Overseas Insurance Company Limited


Administrators of GBG Insurance Limited


Quest Group


Principaux dossiers


  • Advised the Scheme Administrators of English & American Insurance Company Limited on a final closure scheme of arrangement with its creditors, all of whom are based in the US, to close the estate.
  • Advised EIFLOW Insurance company on its acquisition of a book of insurance business from Cardif Pinnacle.
  • Advised the administrators of GBG Insurance Limited, a Guernsey insurer providing individual and group health policies across the US, Europe, Latin America and Asia.

Clyde & Co

The team at Clyde & Co offers full-service commercial, corporate, and compliance insurance advice, often advising on alternative risk transfer arrangements and M&A. Co-heading the practice are Ivor Edwards and Andrew Lucas, both with expertise working in the Lloyd’s market. Edwards also has proficiency in the corporate insurance world, often advising on joint ventures and start-ups. Lucas brings a niche in portfolio transfers, distribution agreements, and broker arrangements. Other key names include Mark Williamson, who specialises in tech, e-commerce, and data privacy in the insurance industry; Tom Tippet, who is regularly sought out for his advisory work on product distribution and outsourcing; and Joris de Geest, who has experience advising on MGA and complex regulatory matters.

Responsables de la pratique:

Ivor Edwards; Andrew Lucas


Autres avocats clés:

Mark Williamson; Tom Tippet; Joris de Geest


Les références

‘A very practical and forward-thinking team who offered solutions and drafting that would work not just for now but for the future. Did not over-legalise but picked up and ran with the instructions, or an issue to work out a suitable and realistic way forward. ’

‘All offered salient, prompt, and effective advice. ’

‘This team stands out from other law firms due to its solution-oriented approach, clear and concise interpretation of complex legal and regulatory frameworks, and commitment to understanding broader business needs, ensuring their advice is never given in isolation.’

Principaux clients

Polo.Works


Wakam


Envelop Risk


Applied Underwriters Group


Rising Edge Limited


Zurich


Willis Tower Watson


Agria Pet Insurance


Tokio Marine


AdA SPA


Motability Operations Limited


Principaux dossiers


  • Advised Polo Managing Agency on the launch of 2 new syndicates: ‘Oak Re Syndicate 2843’, a private equity-backed reinsurance start-up and ‘Awbury Syndicate 2025’, a specialty insurance syndicate specialising in credit risks.
  • Advised Wakam Group on the establishment and authorisation of Wakam UK Limited, a new UK insurance company, enabling Wakam to expand its UK business in retail insurance through B2B2C partnerships.
  • Advised Applied Underwriters Group on establishing a new FCA-authorised UK branch, including advising on UK corporate structure, employee contractual arrangements, and regulatory matters, marking a significant expansion of the group’s operations in the UK and EU insurance market.

DAC Beachcroft LLP

The ‘strong’ team at DAC Beachcroft LLP is equipped to advise on a range of services within the regulatory, corporate, and commercial insurance industries, including advising within the tech, employment, and governance sectors. Leading the team is Charlotte Halford, who advises on complex outsourcing, AI governance and deployment, and claims handling arrangements; Mathew Rutter, who has a niche in financial services regulation, focusing on InsurTech, consumer credit, and retail financial services; and Mark Neville, who advises various jurisdictions on commercial agreements within the insurance sector.

Responsables de la pratique:

Charlotte Halford; Mathew Rutter; Mark Neville


Autres avocats clés:

Jonathan White; Harry Whyte; Chloe Fullerton


Les références

‘The corporate team at DACB is a strong partner-led offering providing efficient and commercial advice on transactions and beyond. Senior associates are very personable and interact well with the in-house M&A team. Communication is clear and timely.’

‘The depth of insurance industry sector knowledge is extremely helpful.’

‘Jonathan White is an excellent corporate partner and provides clear and commercial advice and works well with the in-house team.’

Principaux clients

AIG


Gallaghe


Bupa


Covéa Insurance


Ageas Insurance


HSBC Insurance


Allianz (including Liverpool Victoria)


Marsh


Ecclesiastical Insurance


Association of British Insurers (ABI)


Hiscox


QBE


China Taiping


China Re


Woodruff-Sawyer & Co., Inc.


Principaux dossiers


  • Advised Woodruff-Sawyer & Co., Inc., a large independent brokerage and consulting firm, on the acquisition of its joint venture partner’s stake in Evolin Broking, a London market wholesale insurance broker.
  • Advised Brown & Brown Insurance, a large insurance intermediaries in the UK and Ireland, on the acquisition of The CI Group, a specialist provider of trade credit insurance solutions for banks, commercial lenders, and SMEs.
  • Advised Arthur J. Gallagher & Co. (Gallagher), a global provider of insurance, risk management, and consulting services, on the incorporation of new group entities and capital structure alignment as part of a broader reorganisation of its EMEA structure.

Debevoise & Plimpton LLP

Debevoise & Plimpton LLP's ‘solid’ insurance team advises clients on a number of complex matters, including advising on insurance regulatory issues, complex cross-border reinsurance, and debt and equity capital markets transactions. Co-head Clare Swirski carries extensive experience advising on Solvency II matters, share and business sales, and M&A, while fellow co-head Drew Dutton regularly represents financial institutions and pension funds on several complex, cross-border transactions.

Responsables de la pratique:

Clare Swirski; Drew Dutton


Les références

‘Debevoise’s insurance practice is solid. Not only the partners but also the associates, and it is evident that a lot of investment is put into training and developing the team more broadly to provide first-rate advisory service and turnaround times to clients.’

‘Clare Swirski’s depth of experience and knowledge across the (re)insurance sector is invaluable. She is a reliable and pragmatic adviser, with that rare blend of technical, legal, regulatory, industry and commercial knowledge and understanding. Clare is also genuinely down to earth, very pleasant to deal with and a first choice for us as a client. Additionally, she is widely respected by competitors in her field.’

‘Strong team, able to throw additional people at a problem if needed.’

Principaux clients

Ambac


American International Group (AIG)


Artificial Labs


Aspen UK


Asta Managing Agency


AXA


Bain Capital


Brookfield Wealth Solutions (Brookfield Re)


Canopius


CDPQ


Compre


Corebridge Financial/AIG Life


Covéa Insurance PLC


CPP Investment Board


Global Atlantic (KKR)


Oaktree Capital Management


Pallas Reinsurance


Portage Capital Solutions


Prudential Financial


Resolution Life


Intact Financial Corporation/RSA Insurance


Stone Point Capital


SwissRe


TIAA


Principaux dossiers


  • Advising Stone Pont in an equity investment in Ardonagh Group, a large independent insurance distribution platform.
  • Advising Ambac Financial Group in its acquisition of a majority stake in Beat Capital Partners Limited in a transaction valued at approximately $282 million.
  • Advising Bain Capital on its investment in Oak Reinsurance (“Oak RE”), and on its cornerstone investment in Oak RE’s Lloyd’s Syndicate 2843, which will focus on global reinsurance.

Mayer Brown International LLP

Mayer Brown International LLP‘s team advises on the full range of transactional and advisory insurance matters. Colin Scagell leads the firm, and he regularly advises on complex, cross-border work across the entire spectrum of insurance transactions. Devi Shah has a particular niche in restructuring and international insolvency. Having joined the team in October 2024 from Skadden, Arps, Slate, Meagher & Flom (UK) LLP, George Belcher works regularly on M&A, restructuring, and regulatory matters, while September 2024 saw the arrival of Tom MacAulay, who advises corporates, financial institutions, and insurers on de-risking solutions and reinsurance issues.

Responsables de la pratique:

Colin Scagell


Autres avocats clés:

Richard Spitzer; Jonathan Williams; George Belcher; Devi Shah; Tom MacAulay


Les références

‘Fantastic service from an exceptional legal team.’

‘Industry leading knowledge and first class client service from the whole team – with a particular mention for Colin Scagell, Richard Spitzer & Jonathan Williams.’

‘The insurance team of Mayer Brown is very well established in insurance-related M&A. We often interacted with them on major insurance deals in the Netherlands and the UK. The team is very well versed in the technical regulatory aspects of doing insurance business and has a deep and wide sectoral knowledge.’

Principaux clients

Nippon Life


Beazley plc


Convex Group


Brit Limited


Enstar Group


Flexpoint Ford, LLC


GC Securities


Hartford Financial Services Group


Ontario Teachers’ Pension Plan (OTPP)


Premia


QBE


Quest Group Holdings


R&Q Investment Holdings plc


SiriusPoint Ltd.


Tokio Marine


Marsh McLennan


Travelers


Pacific Life Re


Principaux dossiers


  • Advising Nippon Life Insurance Company (Nippon Life) in its $10.6bn acquisition of Resolution Life, a global life and annuity insurance group.
  • Advised Beazley, the specialist global insurer, on the launch of its largest property cat bond to date, (Fuchsia 2 – 2024-1).

Sidley Austin LLP

The team at Sidley Austin LLP provides ‘clear, practical and intelligent advice’ to its clients on M&A and the Lloyd’s market. The team works closely with the US team to advise on complex cross-border matters, specifically on reinsurance longevity swaps and pension de-risking transactions. Co-head Martin Membery is recognised for his advisory work on distribution arrangements, structuring insurance/reinsurance policies, the transfer of longevity risk, and joint ventures. Fellow co-head James Phythian-Adams advises clients globally on MGA, business transfer, and a broader range of compliance matters.

Responsables de la pratique:

Martin Membery; James Phythian-Adams


Les références

‘The Sidley team is knowledgeable, experienced and considered; they provide clear, practical, and intelligent advice.’

‘The team is highly responsive and engaged; they are a pleasure to work with at all levels. Sidley pays a great deal of attention to client service, which is appreciated. ’

‘James Phythian-Adams is highly responsive and great to work with; very thoughtful and considered.’

Principaux clients

Altamont Capital


Apollo


Arch


Aspen


Gallagher


Lloyd’s


Munich Re


Renaissance RE


Ryan Specialty Group


Westfield


Principaux dossiers


  • Advising Arthur J. Gallagher & Co. in the acquisition of AssuredPartners from GTCR for gross consideration of US$13.45 billion (pending).
  • Advising Ryan Specialty in its acquisition of Innovisk.

Addleshaw Goddard

Addleshaw Goddard‘s clients go to the firm for advice across the full spectrum of financial, corporate, and regulatory insurance markets. Matthew Brewer, co-head of the team, is recognised for his niche in longevity risk transfer and Part VII matters. Brewer regularly advises high-profile clients within the life sector on complex matters involving post-Brexit issues. Fellow practice-lead Robert Garwood advises on product governance, customer documentation, and often advises banks on insurance propositions.

Responsables de la pratique:

Matthew Brewer; Robert Garwood


Les références

‘Robert Garwood – approachable, responsive and knowledgeable.’

Principaux clients

ManyPets


The National Farmers Union Mutual Insurance Society Limited


AllClear Insurance


Pensions Insurance Corporation


Moneysupermarket.com


Simplyhealth


Chesnara Plc


HSBC


Barclays Bank


Nationwide Building Society


Principaux dossiers


  • Advised Pension Insurance Corporation in relation to a £1.2bn buy-in transaction with the TotalEnergies UK Pension Scheme
  • Advised Pension Insurance Corporation in relation to two separate longevity risk transfer transactions in relation to PIC’s buy-in with the Coats Pension Scheme
  • Acting for Royal London in respect of its joint venture with South Yorkshire Pension Fund in respect of the acquisition Waldersey Farms Limited

Ashurst

Ashurst advises on the full range of matters in the insurance space. The firm provides a number of specialist services in trade credit, D&O, W&I, and in the marine and space sectors. The team’s broad client base of insurers, banks, and policyholders regularly instructs it for advice on M&A and general regulatory services. Group head Adam Levitt has expertise in restructurings and portfolio transfers, while Nick Wong is the key contact for his expertise in the Lloyd’s market and acquisition finance.

Responsables de la pratique:

Adam Levitt


Autres avocats clés:

Nick Wong


Les références

‘Both partners in London and New York are deeply knowledgeable of the (re)insurance sector and extremely joined up between offices, which makes the client experience seamless and consistent regardless of who you are working with at Ashurst.’

‘Nick Wong will go out of his way to give you his time to discuss a specific query, which we value highly. He is extremely knowledgeable, a pleasure to work with and our go-to.’

‘Extremely strong proposition on insurance financing, with particular strengths around the Lloyd’s market.’

Principaux clients

Atlas Merchant Capital


CVC Credit Partners Investment Management Limited


Chesnara


Generali


Global Aerospace


Guardian


Gallagher Basset International and Arthur J. Gallagher & Co


Ing Bank N.V.


JC Flowers


Lloyds Bank Plc


Napo Limited


Pacific Life


Punter Southall Group


Swiss Re


UIA Insurance


Principaux dossiers


  • Advised Citi and Goldman Sachs as joint financial advisers to Aviva plc on the recommended cash and share offer by Aviva for Direct Line Insurance Group plc.
  • Advised CVC on its sale of shares to Pollen Street Capital as part of a wider £1.2 billion merger between Ardonagh Group Holdings Limited and Markerstudy Group.
  • Advised Gallagher Basset International and Arthur J. Gallagher & Co. on their acquisition of W K Webster & Co Ltd, a provider of marine and transit claims management services.

Latham & Watkins

Latham & Watkins advises on a wide spectrum of transactions within the insurance industry, with experience spanning capital markets, M&A, private equity, and private capital. The practice is led by Victoria Sander, who specialises in all aspects of corporate insurance transactions, including public and private M&A, portfolio transfers, complex reinsurance structures, and distribution agreements. Tim Scott is another key figure, focusing on corporate and transactional matters across the insurance sector.

Responsables de la pratique:

Victoria Sander


Autres avocats clés:

Tim Scott


Les références

‘A very bright, efficient and hard-working team that provides clear, strategic and technical advice across a range of insurance regulatory disciplines. Very good attention to detail and fast response times. ’

‘Tim Scott is an exceptionally able commercial and regulatory lawyer and a very hard-working and personable individual who understands a client’s business and provides clear technical and commercial advice. I have dealt with many gifted lawyers at magic circle firms in London, and Tim is right up there with the best of them.’

‘The Insurance team at L&W London has relevant experience dealing with regulatory matters, from an asset perspective as well as from a liability perspective. They can draw upon resources who have had the benefit of working on situations whilst at L&W or regulators.’

Principaux dossiers


  • Advised Onex on its $420 million acquisition of hybrid fronting carrier Accredited Insurance, and the simultaneous reinsurance of its $234 million legacy portfolio to Enstar.
  • Advised CVC on the sale of its 90.01% stake in the parent company of Ethniki Insurance to Piraeus Bank, for a total consideration of €600 million on a 100% basis.
  • Advised Royal London on its acquisition of the Aegon UK individual protection book (covering 400,000 customers) by way of Part VII transfer.

Linklaters LLP

With a ‘breadth of team and experience’, the team at Linklaters LLP regularly advises on pensions de-risking and complex M&A deals. Duncan Barber leads the practice and brings his expertise on Part VII transfers and reinsurance and longevity insurance matters.

Responsables de la pratique:

Duncan Barber


Autres avocats clés:

Rob Cleaver; Rebeka Ninikova


Les références

‘Large team of skilled and experienced individuals.’

‘Duncan Barber’s approach showcased his experience, sector knowledge and technical expertise, which enabled him to provide a robust and constructive challenge. Duncan’s team, in particular Rebeka Ninikova, were organised and highly responsive, which was greatly appreciated when working to meet tight deadlines.’

‘Breadth of team and experience. Quality of key individuals and the link between corporate/M&A and finance teams.’

Principaux clients

Meiji Yasuda Life Insurance Company


Ageas


Schroders plc


Phoenix/ abrdn Life


De Beers UK Pension Scheme


Trustee of the Merchant Navy Ratings Pension Fund


Citigroup Global Markets


Jefferies International Limited


Phoenix Group Holdings plc


Goldman Sachs International


AXA S.A.


Rothesay Life Plc


Zurich Insurance


Principaux dossiers


Stevens & Bolton LLP

Stevens & Bolton LLP advises both life and non-life insurers, brokers, InsurTech providers, and Lloyd’s syndicates on a diverse range of matters. Key insurance expertise includes Part VII transfers, GDPR compliance, and bulk annuity transactions. Leading the team is Gary Parnell, who is a key contact for material outsourcing and broker asset purchase transactions, and Heidi Sawtell, who focuses on reinsurance and regulatory work. Helen Martin ‘maintains a calm approach’ when acting on complex insurance insolvency and restructuring matters.

Responsables de la pratique:

Gary Parnell; Heidi Sawtell


Autres avocats clés:

Helen Martin


Les références

‘Helen Sawtell always provides a quick response to any queries and keeps the team well informed on progress throughout drafting periods. She always maintains a calm approach, providing our team and engagement lead confidence that everything was always under control.’

‘The team all work very well together and provide the necessary level of expertise as required to ensure the necessary level of knowledge or expertise is provided to a task. They were always very practical, helpful and flexible, often attending meetings at our local offices or delivering outputs in a quick turnaround to meet deadlines.’

Principaux clients

Geo Underwriting Services Limited


Specialist Risk Group


Ardonagh Advisory Broking Holdings Limited


CX Reinsurance Company Limited (in administration)


Davies Group Limited


Quaestor Coach AG


Principaux dossiers


  • Acted on the acquisition of a marine insurance company, Navigators & General, from global insurance group, Zurich.
  • Advised Specialist Risk Group on its acquisition strategy, and on four acquisitions during 2024.
  • Advised Ardonagh Advisory Broking Holdings Limited and The Ardonagh Group, an independent insurance broker, on strategic acquisitions and disposals.

Carter Perry Bailey LLP

Carter Perry Bailey LLP is recognised for its extensive array of insurance expertise. The firm offers advice on D&O, MGAs, and parametric insurance for clients globally. Practice lead Stephen Carter has expertise in contract construction, regulatory matters, and reinsurance and coverage. Bernadette Bailey handles a wide array of direct insurance coverage and defence matters, including fine art claims, industrial injury, public liability, and professional indemnity matters.

Responsables de la pratique:

Stephen Carter


Autres avocats clés:

Bernadette Bailey


Principaux clients

Patria Re (Mexico)


Litmus Analysis Limited


NDI Insurance Brokers


Sande Investments


Best Meridian International Insurance Co (Puerto Rico)


Hampden Insurance Group


Principaux dossiers


  • Acting for a Reinsurer on the acquisition of a legacy book of long tail claims.
  • Advising an Eastern European insurer on its Catastrophe Excess of Loss protection and the drafting of the applicable Reinsurance Treaty.
  • Advising several overseas insurers in different jurisdictions on UK regulatory requirements and associated document drafting.

DWF

DWF is well-recognised for its M&A work and complex regulatory advice, often acting for insurance intermediaries in the legacy insurance market. The firm is led by Jon Drake, who works on cross-border distribution and advises on the full range of regulatory activity; Mel Sims, who focuses on non-contentious M&A; and Raeesa Chowdhury, who advises clients in the finance and insurance sectors on joint ventures and structuring matters.

Responsables de la pratique:

Jonathan Drake; Mel Sims; Raeesa Chowdhury


Principaux clients

PSC Insurance Group Limited


Aventum Group Limited


1783 Limited


Assured Partners Inc.


R&Q Syndicate Management Limited


The Broker Investment Group Ltd


Paragon International Insurance Brokers Ltd


Accelerate Underwriting Ltd (and its shareholders)


Hiscox Insurance


Howden Group


Principaux dossiers


  • Advised the board of PSC Insurance Group Limited, a public company listed on the Sydney Stock Exchange, Australia, on the sale of the entire issued share capital of PSC Insurance Group Limited to Rosedale Bidco, a wholly owned subsidiary of the Ardonagh Group.
  • Advised R&Q Syndicate Management Limited on the transfer of Syndicate 1110 at Lloyd’s to Polo Managing Agency Limited.
  • Advised middle-market insurance brokerage group AssuredPartners on its acquisition of the Harman Kemp Group.