Insurance Business and Intermediaries
Our global insurance specialists advise insurers, reinsurers, intermediaries and other financial services companies on all aspects of regulation relating to the insurance industry.
A number of our lawyers previously worked in the insurance and reinsurance departments of other international law firms and sit on the boards of locally-licensed insurance companies. This brings a unique experience and understanding of the industry and enables us to offer specialist advice, particularly regarding the extent of current regulatory obligations and those expected in the future.
Insurance is one of the most complex and highly-regulated businesses in the financial world. We play an active role in working with the relevant government and regulatory industry bodies that lead on any changes or amendments to companies and insurance law in Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey and Jersey. We also sit on various governmental bodies and industry associations, ensuring that we remain at the forefront of developments in the insurance sector.
We offer innovative solutions on a broad range of insurance regulatory matters encompassing the licensing and regulation of insurance intermediaries and insurance companies (including captive insurers, commercial insurers and special purpose insurers) and regulatory requirements relating to reinsurance, Solvency II standards, acquisition of regulated entities, governance, risk and capital requirements.
Additional insurance services:
- Insurance business transfer schemes
- Portfolio transfers