Provided by Debevoise & Plimpton LLP
Debevoise's insurance practice advises leading insurers and reinsurers, new market participants, brokers and investment banks, with particular experience in the U.S., Latin America, Bermuda, Europe and the Asia Pacific regions. This global experience means the European team remains highly familiar with the specific commercial and regulatory contexts of the sector across broad geographies.
The team acts on sophisticated cross-border mergers & acquisitions within Europe, as well as capital market transactions and demutualizations. It also advises on a broad range of insurance and reinsurance products.
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 equity raises, stock purchase agreements, reserve financings, reinsurance agreements and bank debt transactions, all in connection with a single transaction.
Debevoise’s European Insurance practice also 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.
Robust team advising on a wide range of transactional and regulatory matters for newly formed and established insurers and reinsurers. Expertise ranges from Solvency II issues and licensing matters for start-ups to complex cross-border M&A transactions. Noted for its strength in providing UK regulatory advice and transactional support to international clients, particularly in the USA. Also able to advise private equity funds and other investors on insurance-related investments.
A source praises the team for its "responsiveness as well as commercial and technical acumen."
A client says: "The lawyers have proven to be reactive, thoughtful, displaying genuine expertise and proactively taking their client's interests to heart. They also coordinate internally so the client-facing team is easy to talk to and do business with."
"The team is really good and all the individuals bring something to the table," says one interviewee, praising the team for its "blend of technical and industry knowledge."
Advised Covéa Mutual Insurance Group on its EUR750 million investment in Lorenz Re, a Bermuda reinsurance company established to enable PartnerRe to participate in the investor-backed collateralised reinsurance market.
Clare Swirski is routinely sought out by multinational insurers in relation to a plethora of corporate and regulatory matters. She adeptly advises on cross-border transactions and has notable experience advising clients based in Bermuda.
"Clare is one of the best technical insurance lawyers in London if not globally. She is incredibly experienced, very commercially minded and she excels at boiling down very detailed, complicated questions into simple points for the client." "She is known across the market as experienced, technically strong, and able to present well to all audiences."
Benjamin Lyon has notable experience advising on mergers, acquisitions and disposals in the insurance industry as well as providing accompanying regulatory advice. He regularly assists insurers and financial institutions with major cross-border transactions.
"Ben is a very commercially focused lawyer and one of the best client handlers I have ever seen. He is really focused on the clients and constantly looking at things from their perspective." "He is an extremely valuable sounding board on both legal and commercial issues." "He's always willing to help and go the extra mile."