Appleby‘s insurance team is based in key offshore jurisdictions in the global (re)insurance market and is well equipped to provide comprehensive advice on a mix of corporate, financing and regulatory matters. The insurance team is jointly led by Simon Raftopoulos and Jacob MacAdam, whose practice encompasses advising on insurance transactions and regulatory matters particularly in the reinsurance, banking and fiduciary space. Menelik Miller is sought out by insurers, reinsurers, investment companies and fintech clients for her expertise in regulatory issues including license applications, registrations, authorisations, notifications and regulatory filings, areas in which Miriam Smyth is also notably active.
Testimonials
Collated independently by Legal 500 research team.
- 'Very responsive team, always willing to help and offer assistance. Jacob McAdam is our trusted adviser. The team can also draw in subject matter specialists from their Regulatory/Capital teams when needed.'
- 'Very easy to work with and pleasant demeanour. Very supportive and have been with us from the outset.'
Key clients
- TxEx Energy Investments, LLC
- Brookfield Asset Management
- Brickell PC Insurance Holdings LLC
Work highlights
- Advised TxEx Energy Investments, LLC on incorporating its own insurance captive in the Cayman Islands, InsureMeCo (SPC) Ltd, for the purpose of a captive risk financing mechanism for portions of its insurance program with Medical Stop Loss coverage being the primary focus.
- Acted as Cayman counsel to Brookfield Asset Management in connection with the incorporation of a Cayman Islands exempted company as a regulated reinsurance vehicle.
- Provided regulatory advice in connection with a change of control application with the Cayman Islands Monetary Authority.
Practice head
The lawyer(s) leading their teams.
Simon Raftopoulos, Jacob MacAdam