Having advised in the insurance/reinsurance sector for more than 30 years, the team at BLP combines in-depth industry knowledge with multi-disciplinary legal expertise, to deliver high quality advice that is tailored to our client’s needs.
Many of our team have in-house experience gained through employment or secondments at insurers, insurance intermediaries, the regulators and major financial institutions. This industry experience gives us a comprehensive understanding of the issues our clients face.
We act for some of the largest insurers and reinsurers in the world, as well as smaller niche insurance companies and this range of experience, coupled with our commitment to understanding our clients ensures that we remain a leading practice in the insurance/ reinsurance sector.
Advising a global insurer in relation to the application of the competition law rules to significant projects and distribution arrangements.
Establishing an insurer’s captive operations in India and Sri Lanka. Deal also included the offshore outsourcing of claims handling and policy administration services to TCS, EXL, 24/7 and WNS.
Advising an insurer on a pan-European data protection compliance programme.
Advising a large insurer on the run off of a number of very long term environmental insurance policies. The policies relate to a number of significantly contaminated heavy industrial sites, e.g. steelworks, old gasworks and former waste landfills.
Represented one of the parties in the high profile Tullets v BGC trial involving a large team move. This involved long trials on both merits and remedies. The case has created ground-breaking new law.
Representing a global insurer in relation to an FCA investigation and enforcement action concerning the appointment and oversight of external parties responsible for sales of the insurer’s retail products.
Advising reinsurers based worldwide on a substantial claim arising from the political turmoil which occurred in Northern Africa. Our clients provided facultative reinsurance for a major infrastructure project through a local fronting insurance company. Civil unrest caused the project to be abandoned. Issues include whether any claims are covered under the policies (insurance and reinsurance) which exclude losses arising from war and other political risks.