The insurance team at Conyers utilises its ‘outstanding command of Bermuda regulation’ to sustain its position in the Bermudian market, advising a large client base of commercial insurers and reinsurers, special purpose insurers and captive insurers. Practice head Charles Collis has specialist expertise in corporate and regulatory matters, with over 30 years’ experience advising clients on IPO, regulatory, licensing and capital raising activities. Seasoned legal director Sophia Greaves is noted for her knowledge of the life insurance sector, and has experience in advising on regulatory transactions for both local and exempt companies. Other key contacts at the firm include Alexandra Macdonald, who is an expert in advising on the establishment and regulation of captive insurers; Jacqueline King, a specialist in the licensing and regulation of commercial insurance companies, and Chris Garrod, who has expertise in fintech and insurtech mandates.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘The team has an outstanding command of Bermuda regulation, both in practice and interpretation as is always on the forefront of market evolution.’
‘Chiara Nannini and Jacqueline King deliver excellent advice related to the BMA, governance, and deal structuring.’
‘Conyers has an excellent insurance and reinsurance legal team with particularly strong capabilities in the insurance-linked securities space.’
‘Alexandra Macdonald is an excellent and collegial lawyer with deep knowledge of the Bermuda insurance/reinsurance regulatory environment. She is commercially minded and resolves issues amicably and with creativity.’
‘I value the ease of access to Sophia Greaves and Sarah Lusher. They both respond timely and comprehensively to the issues on which they are consulted.’
'Conyers has provided a full service legal team for establishing a Bermuda-based reinsurance company. Their stand-out strength is their experience and relationships with applicable regulators in Bermuda.'
'Jacqueline King has provided excellent service over the course of our engagement. She has a deep understanding and appreciation of business objectives, and proactively offers advice on how to achieve those objectives.'

Key clients

Conduit Reinsurance Limited
Assured Guaranty Ltd
Talcott
Enstar Group Limited
RiverStone International Limited
Harrington Re Ltd.
Premia Reinsurance Ltd
Martello Re Limited
Resolution Re Ltd
Sirius Reinsurance Company Limited

Work highlights

Acted as Bermuda counsel to J.P. Morgan to provide funding to Swiss Re via a multi-year stop-loss transaction.
Advised Somerset on its business combination with Aquarian Holdings LLC.
Advised Coalition and BDT on the formation and licensing of Ferian Re Ltd., as a Class 3B insurer in Bermuda which launched with approximately $300m of third-party capital.