Bermuda has grown to be the world’s third largest insurance centre after London and New York. Wakefield Quin’s insurance and reinsurance practice is geared to offering a comprehensive service to clients engaged in the insurance industry. Our lawyers advise clients on the establishment, licensing and operation of insurance companies (whether captives, reinsurers or otherwise), brokers, managers and agencies, including segregated accounts companies, portfolio companies and special purpose insurers formed as issuers of insurance linked securities.
Our insurance group advises on capital raising, mergers and acquisitions, re-domestications, financing and collateral arrangements, captive and rent-a-captive programmes, as well as rendering advice on corporate governance and regulatory compliance matters including Solvency II requirements. We also have considerable experience reviewing policies and the form and substance of insurance certificates and cover notes.