Herbert Smith Freehills

Insurance: Non-contentious Department

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What the team is known for Well-respected team with considerable expertise in corporate and restructuring transactions, including Solvency II and Part VII transfers. Also capable of handling major longevity, pensions de-risking and reinsurance transactions. Services a diverse range of clients, particularly those from the life sector. Offers considerable cross-border capabilities, particularly in matters concerning US and Canadian clients.

Strengths One source reports: "The team is very good at not getting drawn into arguments over small details, but instead taking a much broader view of a project and the issues that are coming out of it."

Clients say: "They can provide expertise in structuring a transaction alongside a really deep understanding of the nuanced technical insurance issues."

Market commentators note: "They have the capacity to take on large and complex deals and coordinate a network of other specialists to support you on a project."

Work highlights Advised Scottish Widows on the Part VII transfer of a portion of its insurance business to a subsidiary incorporated in Luxembourg, in order to facilitate the company continuing to serve EEA customers following the UK's exit from the EU.

Notable practitioners

An experienced transactional insurance lawyer,
Barnaby Hinnigan
is regularly instructed by insurance companies and intermediaries. He adeptly handles M&A and longevity reinsurance matters alongside providing regulatory advice.
"He has deep sector expertise but is commercial as well - he is able to see the bigger picture and is very balanced and focused on how to get a deal done."

Geoffrey Maddock
is experienced across an impressive range of non-contentious insurance matters, including high-level policy and regulatory questions. His expertise in Part VII transactions is also particularly noteworthy.
"He provided us with excellent service." "One of the top lawyers in the space, particularly on life transactions."

Grant Murtagh
's expertise spans a wide array of insurance and reinsurance matters, including longevity transactions, Part VII transfers and M&A.
"He's very calm, analytical and supportive, and the quality of hisadvice is superb." "He really understands the space and is commercial, available and flexible."