In Europe, Debevoise’s Insurance practice, centered on the London insurance market, continues the firm’s long history of advice rooted in a keen understanding of the sector, developed through decades of experience.
James C. Scoville
Our London team has authored the UK chapter of the latest Insurance & Reinsurance Practice Guide, published by Chambers & Partners.
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Ranked as a leading firm for Insurance: Non-Contentious.
The team receives praise for its “responsiveness as well as commercial and technical acumen.”
The team does a very good job of combining transactional and M&A expertise with deep insurance market knowledge.
Clare Swirski ranked as a Band 1 lawyer, and Benjamin Lyon is also ranked as a leading individual.
—Chambers UK, 2021-2022
Ranked as a leading UK firm for Insurance: Corporate & Regulatory and for Financial Services: non-contentious/regulatory.
Excellent technical knowledge and relentless stamina. Involved in almost every Lloyd’s transaction in recent times.
They have a very deep and experienced team who know the insurance market inside and out.
The Debevoise team have deep experience and expertise, but to my mind what sets them apart from other teams is the flexible and innovative approaches they have suggested and a deep understanding of their client’s needs.
Clare Swirski ranked as a Leading Lawyer and included in Hall of Fame, and Benjamin Lyon ranked as a Next Generation Partner.
—The Legal 500 UK, 2021-2022
The practice advises leading insurers and reinsurers, new market participants, brokers and other financial institutions on sophisticated mergers & acquisitions, including insurance portfolio transfers, share acquisitions, corporate reorganisations and joint ventures, as well as on capital raises, and on regulatory issues in the UK and European insurance market. The practice also works with U.S., Asian and European clients, advising on cross-border transactions in the U.S., Latin America, Bermuda and Asia-Pacific, as well as in Europe. This global experience at the very top end of the market means the European team is highly familiar with the specific commercial and regulatory contexts of the sector across broad geographies.
In its M&A and capital markets experience in particular, the team is distinct. It fields teams few other firms can match to work simultaneously on M&A and capital market matters. In this way, clients benefit from a team able to handle regulatory issues, share acquisitions, equity raises, stock purchase agreements, reserve financings, reinsurance agreements and bank debt transactions, all in connection with a single transaction.
As well as its transactional strength, Debevoise’s European Insurance practice includes leading U.S. and UK-qualified tax, finance, regulatory and competition lawyers. The team’s experience in advising U.S., Asian and European clients on insurance transactions has given it valuable insight into the differences in approaches among various regimes. Clients rely on the team not just to track the latest regulatory developments, but also to help them design these transactions to address the changing regulatory environment.
The insurance team in Europe works closely with the firm’s private equity funds and transactional lawyers, using Debevoise’s established strength in these areas to advise clients on the growing interplay between these two sectors. This includes advising private equity and fund clients on investments into the insurance sector, as well as capital raisings and acquisitions of specific books of business.
Our range of services include advising clients on:
The multidisciplinary approach of the European Insurance practice has been consistently recognized by the major legal directories, with Chambers Global stating the firm’s “twin strongholds in the US and UK markets power an impressive M&A practice across the globe. Expertise in reinsurance deals, bond issuances and regulatory assignments rounds off the firm's insurance offering.” Chambers UK has described the practice as “commercial and client-friendly,” and notes that it “attracts particular notice for the quality of its advice on transactional and regulatory matters, and has developed an impressive client list.”
Episode 15 - Key Sanctions Issues for Insurance Companies
10 March 2022
Ben Lyon, Konstantin Bureiko and Martha Hirst
Episode 14 - Solvency II and its relevance in M&A and other insurance transactions
24 February 2022
Clare Swirski, Ben Lyon, Laura Jackson and Katie Power
Episode 13 - Developments in the UK and Europe Insurance Industry in 2021 and Looking Forward to 2022 (Part II)
10 February 2022
Clare Swirski, Philip Orange, Laura Jackson and Katie Power
Episode 12 - Developments in the UK and Europe Insurance Industry in 2021 and Looking Forward to 2022 (Part I)
27 January 2022
Clare Swirski, Ben Lyon, Philip Orange, Katie Power
Episode 11 - Cybersecurity and the Insurance Industry
4 November 2021
Avi Gesser, Ben Lyon, Martha Hirst, Robert Maddox
Episode 10 - Key Trends in the Insurance Industry from a Transactional Perspective (Part II)
14 October 2021
David Innes, Ben Lyon, Philip Orange, Katie Power
Episode 9 - Key Trends in the Insurance Industry from a Transactional Perspective (Part I)
30 September 2021
David Innes, Clare Swirski, Ben Lyon, Philip Orange, Katie Power
Episode 8 - UK and EU Insurance Regulatory Review – Trends and Key Issues
16 September 2021
Episode 7 - Investing in Insurance: Opportunities for Financial Sponsors
20 May 2021
David Innes, Ben Lyon, Clare Swirski
Episode 6 - Brexit – Current Status and Practical Implications Part II
6 May 2021
Episode 5 - Brexit – Current Status and Practical Implications (Part I)
29 April 2021
Clare Swirski, Ben Lyon, Philip Orange, Sarah Hale
Episode 4 - Lloyd’s – Trends, Developments and Structures
15 April 2021
Clare Swirski, Ben Lyon, Katie Power
Episode 3 - Insurance Webcast Series - UK and EU Insurance Regulatory Review - Trends and Key Issues for 2021
1 April 2021
Episode 2 - Key Takeaways from the FCA BI Case
18 March 2021
Episode 1 - View from London: Insurance M&A and Transactional Update
4 March, 2021
David Innes, Clare Swirski, Ben Lyon