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Ince

ALDGATE TOWER, 2 LEMAN STREET, LONDON, E1 8QN, ENGLAND
Tel:
Work 020 7481 0010
Fax:
Fax 020 7481 4968
DX:
1070 LONDON CITY EC3
Email:
Web:
https://www.incegd.com

Kiran Soar

Tel:
Work +44 (0) 20 7481 0010
Email:
Ince

Work Department

Insurance

Position

Global Head of Insurance, Partner

Career

Kiran is the Global Head of Insurance and specialises in insurance coverage and subrogation work. His expertise spans a number of lines of insurance business, much of it with an international flavour.

Kiran advises clients in various classes of business on both contentious and non-contentious insurance and reinsurance matters. His clients are international in their nature, based predominantly in the London market, the US, Bermuda and Europe. Kiran’s primary focus is on property and liability insurance, reinsurance (and run-off claims), and specialty lines including contingency, bloodstock, accident and health and jeweler’s block/specie

Kiran also advises clients on non-contentious insurance and reinsurance issues, including policy wordings, binding authority agreements and also ART/ILS transactions.

He is a member of leading insurance market associations, including the Insurance and Reinsurance Legacy Association (where Kiran is co-chair of the Education Committee), the Lloyd’s Market Association and the IUA Contingency Working Party.

Highlight Matters
- Advising on the insurance issues arising from a fire at a major onshore oil refinery;
- Acting in London Market WTC arbitrations, on the issue of “event”;
- Advising a global insurer on reinsurance issues arising out of their CAR/EAR book of business
- Advising a captive insurer in managing significant exposures arising out of its insured’s global mining operations
- Acting on behalf of an international life insurer, in a reinsurance dispute involving its underlying book of A&H business, and issues of time bar
- Advising a captive insurer in relation to claims resulting from the failure of an iron ore pipeline in Brazil
- Advising insurers on subrogated recoveries arising from the London riots;
- Advising London market insurers on US liability exposures arising from the construction of a US onshore power facility;
- Advising an international reinsurer on their New Zealand earthquake exposures;
Advising on flood claims arising from the 2008 Queensland floods;
- Advising reinsurers on aggregation issues arising from underlying UK medical negligence risks;
- Acting for London insurers and reinsurers seeking recovery of reinsurance assets globally, including London arbitrations and enforcement proceedings abroad;
- Advising London and EU insurers on issues arising out of binding authority and commission arrangements in the London market.

Languages

English

Education

Qualified in 1999.


London: Insurance

Insurance and reinsurance litigation

Within: Insurance and reinsurance litigation

Ince specialises in marine and energy-related insurance, with around 50% of its insurance work coming from these sectors; the team also handles property, business interruption, political risk, trade credit, professional negligence, D&O, and reinsurance matters. The roots of the practice lie in marine insurance law, and the firm handles ship casualty investigations as well as advising on marine insurance coverage questions. Kiran Soar is the global head of insurance. While Chris Jefferis and Johanna Ewan recently left the firm to join long-term client XL Catlin, the practice maintains a strong UK and international capability, with a network of overseas offices and a number of partners qualified to practice in more than one jurisdiction. Recently promoted Elle Young is a go-to name for contentious matters across a wide range of marine classes of direct insurance and facultative reinsurance business. In another recent highlight that demonstrates the firm's place in the market, Simon Cooper was instructed to prepare the single claims agreement to govern the model formed by Lloyd's and the International Underwriting Association to allow a single insurer to agree claims on behalf of the whole insurance market.

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Insurance: corporate and regulatory

Within: Insurance: corporate and regulatory

Ince combines specialist industry knowledge, geographic reach and experience, enabling it to provide M&A and transactional advice in both domestic and cross-border matters. The firm acts for a range of insurers, reinsurers, brokers, run-off companies/discontinued businesses, and large financial institutions. For many of these clients a particular recent focus is Brexit planning. Kiran Soar is a noted member of the team; he primarily focuses on property and liability insurance, reinsurance and run-off claims, acting for clients based in London, the US, Bermuda and Europe.

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