With the insurance sector sitting at the heart of our business, our experience is in helping insurers, Lloyd’s entities, brokers, and MGAs with all their legal needs. Our knowledge is deep seated, and we sit on a number of market committees and advise a number of trade associations such as the Managing General Agents’ Association (MGAA).
We are experienced in advising brokers across corporate, property and commercial matters. This includes an extensive understanding of the advice required by businesses in relation to TOBAs, underwriting management agreements, cooperation agreements and various other types of contract. Our ability to provide astute, commercially-minded, advice to brokers at a reasonable price is well-recognised by our clients.
Our team has advised various household name insurers and Lloyd’s managing agents on their respective acquisition, divestment or investment programmes into both brokers and MGAs. We have been instructed in relation to the setting up of corporate names and special purpose syndicates in the Lloyd’s market including their funding and their compliance.
David and the team have been involved in many MGA set-ups. We have revised generic MGA wordings and agreements for insurers, and undertaken compliance work. In this fast-evolving MGA sector, we have been involved in many start-ups, advising on their authorisation and agreements with insurers and FCA regulation. David Coupe is a founder member of the MGAA and their appointed legal adviser and is a member of their Legal, and Regulatory Committee (www.mgaa.co.uk).
Our capabilities and experience have an international dimension; reflecting the needs of our clients. We work with clients across different territories and with multiple legal and regulatory requirements. The team has a dual qualified lawyer who works with Chinese clients and our pan-European experience is complimented by our multilingual lawyers in London.
More widely we act for rating agencies, loss adjusting businesses, travel assistance businesses, IT companies and many other service providers to the insurance industry, both in relation to their corporate transactions and commercial contracts and relationships.