We advise on all the regulatory, commercial and corporate aspects of insurer and intermediary business, such as: the life cycle and distribution of insurance products; the governance, conduct and regulatory obligations of the business; the successful acquisition and merger of insurance entries; and the commercial, corporate and capital financing requirements of the business.
Our regulatory lawyers advise insurance businesses on a range of Financial Conduct Authority ("FCA"), Prudential Regulation Authority ("PRA") and Society of Lloyd's ("Lloyd's") authorisation, supervisory, enforcement and disciplinary matters.
Our team includes former: regulators, FCA Skilled Persons, in-house compliance and Money Laundering Reporting Officers. We advise clients on day to day governance, conduct and compliance issues, anti-financial crime and sanctions, implementation of the Senior Managers and Certification Regime ("SMCR") notifications to the regulator, 'shadow' skilled persons/Section 166 reports, and internal and external investigations.
We are highly experienced in London Market/Lloyd's matters advising clients on broker remuneration agreements, undertaking board effectiveness reviews for managing agents, advising overseas coverholders in enquiries from Lloyd's and advising the market on financial sanctions.
We advise on the full range of insurance market distribution arrangements and agreements, product wording and customer facing documentation, outsourcing agreements, business as usual terms of business and commercial contracts.
Our corporate advice includes company and partnership formation, mergers and acquisitions (public and private); schemes of arrangement and portfolio transfers; and joint ventures and group reorganisations for domestic and international businesses.
As the UK prepares to return to work as the COVID-19 pandemic subsides, our checklist will enable you to assess and control the risks for your business as lockdown measures are eased.
DWF (Middle East) LLP in conjunction with Alvarez & Marsal and Thomson Reuters hosted the second session of their Restructuring and Insolvency Breakfast Series on Monday 4 November 2019 which focused on Developing Claims and Seeking Recoveries in Distressed Situations.
DWF in Australia has announced the appointment of Cameron McKenzie as Principal Lawyer in its expanding national litigation team.
Date: 31 January 2017