Charles Rix, London
Our insurance group draws on both the legal and industry knowledge of a global and cross-practice team of lawyers who can support your business in any stage of development or challenge.
Whether you are a life or non-life insurance; primary insurance, reinsurance, or intermediary; PLC, mutual/friendly society; or public insurer, we have the whole market covered. We have advised well over 100 insurance and reinsurance groups across the full spectrum of contentious and non-contentious matters. Our team of more than 250 lawyers can support you in any situation ― large or small, local or global.
The implications of technological developments like digitalization and its impact on distribution channels, the challenges of new risks such as driverless cars, the effects of Obamacare on health insurers, and the threat of cyberattacks on insurers businesses and the policies they underwrite are providing risk and opportunity alike.
We are helping our clients across the broadest range of issues, from navigating them through an increasingly complicated regulatory environment, to assisting them in reshaping their business, stimulating growth and taking advantage of consolidation in the insurance market through M&A opportunities, defending them in litigation and arbitration, and assisting them with regulatory investigations and sanctions advice.
As the burden of compliance increases along with the speed of regulatory developments, clients particularly value the wealth of experience we provide, having been embedded in the insurance industry for more than 30 years. Clients also appreciate the regulatory insight we can give thanks to our strong working relationships with the relevant government bodies across continents.
Advised Equitable Life on Part VII transfer of £4.6bn non-profit annuity business to Canada Life and Part VII transfer of £1.8bn with-profits annuity business to Prudential.
We have advised two of the leading UK retail banks on numerous member-level and syndicate-level financings in the Lloyd’s market.
We advised Prudential on the £13bn cross-border reorganization of its Hong Kong life and general insurance businesses.
We represented a major U.S. insurer in connection with litigation and coverage disputes arising from the Madoff fraud.
Who’s Who Legal 2016
14 November 2016 - 16 November 2016