Insurance
Global Guide 2024 : Bermuda
Band 1
About
Provided by Appleby
We are the leader for re/insurance in Bermuda with the only dedicated insurance and reinsurance team on island. Our practice involves advising on the establishment, regulatory compliance and business operations of re/insurance companies, as well as re/insurance managers and brokers based in offshore jurisdictions. We advise in all aspects of re/insurance, including catastrophe bonds, SPls, sidecars and other insurance-linked securities, in addition to capital raising, M&A and lnsurTech. Our team is well-established as the lead insurance practice on island with the most extensive portfolio of clients.
Chambers Review
Appleby has a globally renowned insurance practice. The team regularly represents international companies and insurance clients headquartered in Bermuda in non-contentious mandates spanning multiple jurisdictions, including key work for insurers and reinsurers in licensing, restructuring and insurance company formation. The firm is also particularly active in the insurance regulatory aspects of corporate and financing transactions, as well as advising on product launches.
Work Highlights
- Appleby advised African Risk Capacity on its development of an insurance product providing African Union member states with coverage against high-impact epidemics.
Strengths
Provided by Chambers
"Appleby has a full suite of corporate capabilities, with commercially oriented lawyers who are focused on helping clients execute transactions. They are also the go-to Bermuda counsel on corporate transactions, providing clients with deep and nuanced market insight."
"Appleby is an all-around excellent law firm with great experience and connections."
"Appleby has a full suite of corporate capabilities, with commercially oriented lawyers who are focused on helping clients execute transactions. They are also the go-to Bermuda counsel on corporate transactions, providing clients with deep and nuanced market insight."
"Appleby is an all-around excellent law firm with great experience and connections."
Notable Practitioners
Bermuda managing partner Brad Adderley demonstrates extensive experience in the insurance regulatory space and often assists clients with insurance company formation and licensing work. He has additional experience acting for insurers and reinsurers on corporate and financing transactions, including advising on the launch of insurance-linked securities funds.
"It is a tremendous benefit to have his experience on our matters."
"Brad is a subject matter expert in insurance and securities, and he helps point us towards experts in other areas."
"Brad does a very good job for his clients. He has a very strong work ethic and is definitely business-oriented."
Alan Bossin is particularly noted for his work on regulatory compliance and licensing, including leading on applications for Class IGB designation.
"Alan is dynamic and a great problem solver."
"He is client-friendly and a great partner to have on innovative and fast-paced transactions."
"On the insurance side we work with Alan Bossin who is a steady hand and very responsive."
Ranked Lawyers at
Appleby
Bermuda
Members
Provided by Appleby
Amber Farrington
Head of Department
Gary Harris
Josephine Noddings
Matthew Carr
Melinda Mayne
Ojeda Smith