• Solicitor, qualified in England & Wales

Advising:

• ERGO Versicherung AG - on its acquisition of JRP Insurance Management Limited, a London-based managing general agent and commercial lines broker serving the Lloyd's of London market.
• Munich Re - on the sale of MSP Underwriting Limited and its subsidiaries, to US insurer Cincinnati Financial Corporation.
• The Karfunkel-Zyskind Family - on the UK regulatory aspects of its acquisition of an entity formed by private equity funds and managed by Stone Point Capital LLC, as well as on its acquisition of approximately 45% of issued and outstanding common shares in the company that the Karfunkel-Zyskind Family and certain of its affiliates and related parties did not already own or control. The transaction values the fully diluted equity of the company at approximately US$2.95bn, excluding the company's outstanding preferred stock.
• A major European insurance and reinsurance group - on its Brexit planning, including advice on the legal and regulatory aspects of its corporate structure, governance, capital, target operating model, the conduct of life and non-life, direct and reinsurance business (including business in run off), its arrangements with reinsurers (including intra-group reinsurance and concentration limits), group servicing arrangements and commercial arrangements with other contracting third parties such as claims handling and business administration.
• A new US$3bn specialty insurance carrier to be located in Bermuda and London - on all aspects of its establishment, including its licensing application in Bermuda and London, and the conduct of its business globally, including post-Brexit in Europe.
• A major US-based specialty insurance group - on its Brexit planning, including legal and regulatory advice on a multi-jurisdictional analysis of the future location of a new insurance carrier, the future target operating model including intra group arrangements, its arrangements with Lloyd's of London, arrangements with cover holders (including cover holders located in the US) and service companies, claims handling, conduct of business and other business arrangements.
• XLRe - in connection with the £1.6bn restructuring of its European operations, including the Part VII Transfer of its entire non-life business to XLRe Ireland.
• Direct Line Group - on the restructuring of its insurance operations through a Part VII transfer affecting approximately 21 million policyholders.