Client Assignments - QBE Insurance (Europe)
QBE Insurance (Europe) to Sagicor of Lloyds
Project Management of insurance portfolio acquisition & Part VII Insurance Business Transfer
Project manager & technical advisor to a Lloyds of London syndicate in the acquisition and subsequent insurance business transfer of two life portfolios from QBE Insurance (Europe). Managing all aspects of the transaction including management of all external professional advisors as well as the FSA & High Court process. Clearly understanding and assessing the portfolio risks was a critical factor in supporting commercial negotiations and ensuring the transfer could proceed.
Munich Re Group & QBE - Great Lakes Reinsurance to QBE Insurance (Europe)
Consultancy on Sale & Part VII Transfer of a motor insurance portfolio
Providing technical consultancy to both purchaser & vendor on the deal structure, project design & delivery of the transfer of a run-off motor insurance & reinsurance portfolio. Facilitation of commercial negotiations between the parties was a critical factor & required balancing conflicting stakeholders interests to ensure success. Areas covered included Legal, Finance, Tax, Regulatory & Actuarial.