Insurance/reinsurance

Conyers

Conyers‘ team regularly advises clients across the full spectrum of insurance transactions with work involving captives, agents, brokers, reinsurance issues, alternative risk transfers, insurance financings, catastrophe bonds and other insurance-linked securities. Leading the insurance and reinsurance practice is Derek Stenson, who is praised for his experience advising a deep roster of international financial and insurance institutions on all aspects of insurance and reinsurance law and regulations. With expertise in insurance regulatory, commercial, financing and transactional matters, Philippa Gilkes is an ’extremely valuable resource’ for the team, together with captive insurance expert Paul Scrivener, who is an independent consultant to the practice. Both Sarah Farquhar and Róisín Liddy-Murphy routinely advise insurer clients on a wide range of regulatory and compliance matters including CIMA licensing issues and registrations.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

'The Conyers Insurance/Reinsurance team lead by Derek Stenson have the extensive market expertise that enables them to offer strategic solutions. They are highly responsive, commercial and always a pleasure to work with.'
‘Derek Stenson is extraordinarily well connected within the Cayman Islands business community, enabling him to offer insights on emerging legal issues impacting his clients.’
‘Conyers is extremely strong in its understanding of the local legislation and regulation as well as our company. Their advice is accurate and timely and they are pleasant to deal with.’
‘Philippa Gikes has been an extremely valuable resource. She is smart, efficient and accurate in her advice.’
'Conyers lawyers are commercially focused and also take the time to understand their client's business operations and areas of particular concerns - as they arise from time to time. The solutions they provide are not just "quoting back the law". Their advice is always exactly on point. They are by far and away the most knowledgeable insurance and reinsurance team on island.'
'Derek Stenson is the reason to retain Conyers Cayman. He has a great reputation among US lawyers and there's a good reason for that. He is very knowledgeable about Cayman (re)insurance laws and the business generally. He has good instincts and is rightfully self-confident so his quick answers are usually accurate.'

Key clients

Agam Capital Management
AIG
Aon
Arch Capital
Ascension Health
Aspida Holdings
Artex
Athene Holding Ltd.
Aran Re
Augusta Health
Axar Re
Baptist Health
Barents Re
Berkshire Hathaway
BOLT Reinsurance SPC
Cayman Islands National Insurance Company
CIBC Reinsurance
CIGNA
CIRCA (Cayman International Reinsurance Companies Association)
Coinbase Insurance
Comerica Bank
Converge Re
Crestline Re
F&G Re
Front Street Re
FWD Re
Global Atlantic Financial Group
Greenlight Re
Ibexis Life & Annuity
Island Heritage Insurance Company, Ltd.
Jackson National
KKR
Knighthead Annuity
Lexasure Financial Group
Liberty Mutual
Longtail Re
MetLife
Prudential plc
Nirvana Tech, Inc,
Northern Reinsurance SPC
Randall & Quilter Investment Holdings Ltd.
Reinsurance Group of America
Root Inc.
Royal Bank of Canada Insurance Company Limited
Scotiabank
Sompo
Talcott Life & Annuity Re, Ltd.
Tokio Marine
Topsail Re
United Insurance Company
Wilmington Holdings Corporation

Work highlights

Acted for Sixth Street on the establishment and licensing of Talcott Life & Annuity Re, Ltd. and provided legal and regulatory advice in respect of its entry into a reinsurance transaction with Principal Financial Group.
Provided legal and regulatory advice to Knighthead Annuity & Life Assurance Company in connection with the issuance by Knighthead of up to $50m Series A Fixed-Rate Prescribed Capital Notes.
Advised Augusta Healthcare, Inc. in relation to a quasi-partnership dispute involving a captive insurance company incorporated in Cayman to provide insurance solutions for not-for-profit healthcare systems (each operating several hospitals) in the state of Virginia, US.