Adriana Cotter
Biography
Adriana Cotter is a corporate and regulatory insurance lawyer based in London.
She focuses on regulatory, commercial, and transactional work (including M&A and portfolio transfers) for UK and international (re)insurers and intermediaries in both the Company and the Lloyd’s market.
Her practice covers the full range of the insurance life cycle from start-ups to run-off.
She also advises financial conglomerates seeking to access the UK insurance market as well as advising businesses outside the financial services sector on regulatory issues arising from the sale of insurance products.
Chambers UK has ranked her in its non-contentious insurance category with a client stating “Her strong commercial awareness combined with attention to detail ensures the best outcome for her clients. She is thorough, knowledgeable and reliable, balancing risks and rewards appropriately, which she communicates clearly and succinctly" and another stating “Her regulatory knowledge is great”.
Professional experience
Representative experience
Representative experience
Regulatory
Advising:
- (Re)insurers on a range of regulatory requirements, including group supervision, the corporate governance regime, the restriction of business rule and outsourcing rules
- Insurers and brokers on new authorisations
- International (re)insurers in relation to their management of intra-group reinsurance exposure
- A large US MGA on establishing an appointed representative and Lloyd’s coverholder
- On the overhaul of an insurer’s corporate governance framework following a s166 regulatory investigation
- In connection with various Brexit related reorganisations
- On the scope and application of the SMCR
M&A, Commercial, Reorganisations
Advising on:
- Several intra-group restructurings across multiple jurisdictions in light of the impact of Solvency II and then Brexit, including new insurance company and intermediary formation
- Various commercial matters, including delegated underwriting authority agreements, claims handling and reinsurance agreements
- Policy wordings, including credit insurance and the provision of related legal opinions for CRR purposes
- Secondment and services agreements and distribution arrangements
- Part VII transfers and M&A deals, for both sellers and buyers, including in the legacy sector and in relation to Lloyd’s vehicles, as well as advising on renewal rights deals
Rankings and recognitions
Rankings and recognitions
Up and Coming Individual, Chambers and Partners, 2024
Admissions
Admissions
- Solicitor, qualified in England & Wales 2009
Insights and news
