England - London • Insurance

Debevoise & Plimpton LLP

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Debevoise & Plimpton LLP draws upon the wider firm’s strengths in corporate and commercial transactions, particularly that of the New York office, and combines it with the ‘particularly well connected’ financial institutions team with links to the ‘wider insurance markets’ to assist insurance clients in high-profile, complex, and cross-border M&A mandates. Clare Swirski is the co-head of the practice, and being both ‘hugely experienced’ in the  regulatory and transactional aspects of the insurance sector and ’very commercially aware‘ to provide excellent advice to players in the insurance market. James Scoville is the other co-head, focusing on complex transactions around insurance companies in addition to securities matters and capital markets transactions.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘An outstanding team displaying superior knowledge across the sector. Very professional approach and a very "can do" attitude. Outstanding creativity, work ethic, commerciality and experience. Very much the team you want in your corner for any negotiation.’

  • ‘The team has a very good balance of strong technical skills and commercial awareness. They are particularly well connected in the Lloyd's and wider insurance markets. They are very client focussed and you can rely on the quality of the deliverables produced. They are also great fun to work with and are challenging but not unnecessarily confrontational working as part of a deal environment.’

  • ‘Clare is a hugely experienced and very astute lawyer, who is extremely calm even in high pressure situations. She is very strong technically but also very commercially aware. They make a great team.’

  • ‘The team's ability to work with the regular, complex issues facing an international start-up life insurer is exceptional. Their understanding of the key areas, and quality of advice in navigating complexity, is excellent.'

  • 'Clare Swirski has provided excellent advice. I would recommend them to anyone operating in our space.’

  • 'One of the top teams in insurance.'

Key clients

  • AXA Group
  • Covéa Mutual Insurance Group
  • Resolution Life Group
  • Ascot Group Limited
  • American International Group
  • AIA Group Limited
  • Canopius Group Limited
  • Kohlberg Kravis Roberts & Co
  • Compre Insurance Group
  • TIAA/Nuveen
  • Fortitude Re
  • Global Atlantic Financial
  • Prudential Financial
  • Elliott Advisors
  • Carlyle Group
  • MTech Capital
  • Helios Underwriting Plc

Work highlights

  • Advised on Resolution Life’s strategic partnership with Blackstone regarding its life insurance and annuity consolidation business.
  • Advised the Covéa group in its $9 billion acquisition of PartnerRe.
  • Advised Canopius in its entry into a Loss Portfolio Transfer Reinsurance Agreement, related Claims Handling Agreement and security documentation with RiverStone International.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Clare Swirski

Clare Swirski

Hall of fameDebevoise & Plimpton LLP

Ms. Swirski has over 20 years' experience advising financial institutions on the full range of corporate matters, including share and business acquisitions, joint ventures, reinsurance, longevity transactions, distribution agreements and group reorganisations. Ms. Swirski's practice focuses on advising insurers and other financial institutions on a range of transactional and regulatory matters. Ms. Swirski has also advised multinational insurers on key regulatory developments impacting the sector, including general governance issues, SIMR, with-profits regulation, Solvency II and Brexit issues. Ms. Swirski has played an active role in the development of the regulatory environment for insurers in the UK. She has previously liaised with HM Treasury on changes to Part VII legislation and was a member of a group of City lawyers responding to EIOPA Solvency II consultations. She was also a member of the insurance subgroup of the Financial Markets Law Committee, which most recently considered regulatory issues arising from Brexit.

Practice head

The lawyer(s) leading their teams.

Clare Swirski, James Scoville