Slaughter and May, Clifford Chance, Herbert Smith Freehills and Ashurst are among the firms that have been enlisted on blue-chip British insurer RSA’s £7.2bn takeover from Canadian insurance group Intact and Denmark’s Tryg. The board of the FTSE 100 company has accepted an offer of 685p a share in cash as well as an 8p […]
Our “trends” series was born out of a desire to help in-house lawyers with their horizon scanning and assessing potential risks. Each post focuses on a specific area, providing companies and their lawyers with quick summaries of some of the challenges heading their way. This latest piece in the series was carefully curated by one of our experts – DWF partner Claire Bowler, who looks at the top 3 issues that legal teams in the insurance sector should be preparing for over the coming months.
Clyde & Co has closed its insurance hub in Oxford, with staff set to relocate to either Manchester or Bristol. The professional indemnity team previously based in Oxford will move to Bristol, combining with Clydes’ existing team to create a 15 strong group led by Tony Nurse-Marsh, Jim Taylor, and Phil Evans. Former partners Clive […]
DAC Beachcroft has targeted BLM for an insurance team hire again, this time in Belfast. The firm has taken on five BLM insurance partners, made up of Peter Campbell, Fintan Canavan, Alison Cassidy, Paul MacAllister and Aine Tyrrell, nearly a year after striking at the firm in Scotland. DACB launched in Northern Ireland in July […]
In one of the biggest cases in 2020, Devereux Chambers’ Colin Edelman QC was a key cog for the Financial Conduct Authority in its business interruption dispute. The novel case was borne out of the nationwide lockdown, which caused businesses across the country to close. The FCA, instructing Edelman and a team from Herbert Smith […]
Kennedys is set to open its 40th office agreeing to take on all the staff at Israeli firm Zelichov Ben-Dan & Co. The firm will be joined by all partners and staff at the firm, who are based in Tel Aviv and are one of the top insurance firms in the country. Zelichov and Kennedys […]
The High Court has ruled in favour of the Financial Conduct Authority, arguing on behalf of a group of policyholders, in a dispute over whether coronavirus-induced shutdowns should be covered by insurance policies. The FCA, instructing Herbert Smith Freehills, brought a series of test cases on an expedited basis to resolve uncertainty as to whether […]
Slaughter and May has won two lucrative UK Government contracts for mandates to help the rail, and TV and film industry, worth a combined £3.7m. The firm has won the two separate contracts in a matter of months. The first one will see Slaughters advise the Department of Transport on an international rail project, the […]
Three firms fielded teams of lawyers on a deal that saw Bain Capital Credit agree a strategic partnership deal with insurance investor Beat Capital Partners. Kirkland & Ellis won the mandate from Bain’s credit arm, with a team led by transactional partners Rajab Abbassi and Aprajita Dhundia, as well as insurance regulatory partner Parimah Hassouri and […]
Kennedys has entered into a partnership with Canadian insurance firm, Dolden Wallace Folick. The association with Doldens takes the number of Kennedys’ offices, associations or co-operations around the globe to 63. This is the firm’s first association with a Canadian firm and follows the US merger three years ago with Carroll McNulty & Kull. At […]
Discussing the implications of the current environment for clients and their insurance going forwards.
DWF and DAC Beachcroft are among a quintet of firms that have successfully landed roles on Zurich Insurance Group’s newly-launched panel. The roster, which will cover a geographic area spanning Europe, Middle East and Africa, will be tasked with handling large claims across its operations in the EMEA region. The full line-up includes longtime advisers […]