Department profile
Carey Olsen

Insurance

Global Guide 2026 : Bermuda


Carey Olsen

Rankings

About

Provided by Carey Olsen

Carey Olsen Bermuda Limited's lawyers work alongside major international law firms and their clients include a number of the largest Bermuda-based global insurance and reinsurance businesses and insurance intermediaries, as well as other global financial institutions with offices in the jurisdiction such as banks, trust companies, accountancy firms and hedge funds.

We also have Bermuda-qualified lawyers in our London and Asia offices, ensuring we are able to provide Bermuda legal advice across all time zones.

Chambers Review

Provided by Chambers

Insurance - Bermuda

Band 2

Band 2


What the Team is Known For

Carey Olsen advises on a wide range of non-contentious insurance and reinsurance mandates, including the regulatory aspects of acquisitions and internal reorganisations. The Bermuda team is noted for its solid track record in high-profile cross-border work, regularly representing global insurers and professional services companies in Bermudian legal matters. The firm also assists clients with obtaining licensing approvals.

Work Highlights

Provided by Chambers

  • Carey Olsen assisted Soter Insure with obtaining full licensing approval from the Bermuda Monetary Authority.

Strengths

Provided by Chambers

  • They have an incredible knowledge base; for me, they're the best out there.

    Insurance respondentGlobal
  • Carey Olsen are excellent to work alongside; they are efficient and easy to deal with.

    Insurance respondentGlobal
  • The team consistently demonstrates a deep understanding of both the legal and commercial aspects of our business.

    Insurance respondentGlobal
  • It is a knowledgeable and responsive team. They know the business, the market and our organisation, so they are able to provide tailored advice.

    Insurance respondentGlobal
  • Carey Olsen is very knowledgeable of the rules and regulations, as well as of practical approaches taken in the industry.

    Insurance respondentGlobal

Notable Practitioners

Provided by Chambers

  • Eminent PractitionersMichael Frith
    Eminent PractitionersMichael Frith

    Michael Frith

    Michael Frith has expertise in regulatory and transactional mandates, with notable experience acting for well-known insurers on M&A matters. He is a senior counsel at Carey Olsen Bermuda and also chairs its administrative services division.

    • Michael Frith is a seasoned professional who consistently provides technically sound and pragmatic advice to his clients, understanding what they ultimately need to achieve in any given scenario.

      Insurance respondentGlobal
    • He is very responsive and pragmatic.

      Insurance respondentGlobal
    • His strengths lie in knowing the detail of the legislation and providing a very in-depth analysis of any situation.

      Insurance respondentGlobal
  • Band 2Gavin Woods
    Band 2Gavin Woods

    Gavin Woods

    Gavin Woods has expertise in the licensing and structuring of insurance companies, as well as insurance M&A. He also advises insurers on the applicability to their businesses of Bermuda's Corporate Income Tax Act, and has further experience in reinsurance agreements.

    • Gavin is very knowledgeable and is easily reachable to address a variety of questions and concerns.

      Insurance respondentGlobal
    • He brings a high degree of Bermuda insurance knowledge.

      Insurance respondentGlobal
    • Gavin Woods is highly knowledgeable, responsive and consistently delivers top-quality advice.

      Insurance respondentGlobal
    • Gavin understands the client's position and works towards practical solutions.

      Insurance respondentGlobal
  • Band 3Michelle Falcucci
    Band 3Michelle Falcucci

    Michelle Falcucci

    Michelle Falcucci acts for insurers on a wide range of transactional mandates, including equity listings and M&A. She also has experience counselling on the Bermuda regulatory compliance of new insurance products.

    • Michelle Falcucci is phenomenal - very technical and very responsive. There is never a question she does not know the answer to.

      Insurance respondentGlobal
    • Michelle Falcucci has a great depth of knowledge regarding Bermuda regulatory matters.

      Insurance respondentGlobal
    • Michelle Falcucci is very knowledgeable and has a good understanding of the insurance industry, which is helpful as she understands the market dynamics affecting our business.

      Insurance respondentGlobal
  • Up and ComingAlexander Collis
    Up and ComingAlexander Collis

    Alexander Collis

    Alexander Collis is an up-and-coming lawyer who assists with all manner of corporate insurance matters, including entity formation, structuring and licensing. He was promoted to partner in the summer of 2025.

    • Alex is extremely knowledgeable, commercial and responsive.

      Insurance respondentGlobal
  • SpotlightMichael Hanson
    SpotlightMichael Hanson

    Michael Hanson

    Michael Hanson is best known for his employment work, and in this regard he frequently acts for leading insurance companies. More significantly, he has notable experience acting on high-profile fraud claims in the insurance sector.

    • Mike is a great adviser on regulatory matters; he has a very good handle on how to approach and liaise with the regulators.

      Insurance respondentGlobal

Ranked Individuals at Carey Olsen (5)

Bermuda

Members

Provided by Carey Olsen

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