PRACTICE AREA

Risk & Insurance

The firm’s insurance team includes legal experts in insurance market issues, with particular expertise in working with clients’ own management, legal, compliance, risk and audit teams to manage their local commercial and regulatory challenges.

We are able to provide advice on all practical, legal and regulatory aspects of insurer and intermediary business on the island, such as conduct, governance and risk management, including the successful development and disposal of underwriting and claims.

We advise on the full range of insurance market commercial operations and related compliance issues. These may include delegated authorities, UK and EU insurance law and regulatory changes, such as Solvency II, data-protection legislation and directives, the Insurance Distribution Directive and the Senior Insurance Managers Regime where it affects insurers and intermediaries doing business on the island.

We help local insurers and intermediaries with the demands and supervisory requirements of regulators.

Our regulatory work involves helping local insurers and intermediaries with the demands and supervisory requirements of the Jersey Financial Services Commission, Financial Conduct Authority and Prudential Regulation Authority. This includes enforcement matters, internal and external investigations, notifications and skilled persons reports.

Whilst we are based in Jersey, we are also highly experienced in London market matters, including broker service agreements, consortiums, cover holders, service companies and syndicates, where they apply locally through the transmission of cover for island policyholders. As a direct result, we regularly advise market participants on the relevant demands and regimes enshrined in local legislation, policies and procedures.

The firm has a particular expertise in providing insurers and intermediaries with a bespoke service to deliver the claims handling service that they require. As the Jersey’s only defendant-led firm, we have insurers’ and intermediary interests at the forefront of our operations. We are used to advising on catastrophic/large injury claims as well as offering a dedicated claims solution for commercial and liability claims including professional indemnity and directors’ & officers’ large loss claims.

We hold memberships with BILA and FOIL and regularly provide seminars to the London market, insurers, intermediaries, English solicitors and barristers on the specific demands of local law in insurance related claims.

The personal injury and insurance team has a wealth of experience and has acted in several of Jersey’s most high value personal injury cases.

Whilst the team specialises in representing defendants in personal injury litigation, the members all have extensive experience of acting for all parties to litigation and we consider our varied backgrounds to be of particular benefit as we strive to provide practical, focused and cost-effective advice for all states and levels of litigation.