Victor Fornasier > Hogan Lovells International LLP > London, England > Lawyer Profile

Hogan Lovells International LLP Offices

Hogan Lovells International LLP
ATLANTIC HOUSE
HOLBORN VIADUCT
LONDON
EC1A 2FG
England
Visit website 020 7296 2000 020 7296 2001

Victor Fornasier

Victor Fornasier photo
+44 20 7296 5423 victor.fornasier@hoganlovells.com View profile

Work Department

Insurance: Non-contentious (UK-wide)

Position

Partner

Career

As a partner in the international Insurance and Reinsurance team, Victor helps insurers, reinsurers and (re)insurance intermediaries, as well as corporate policyholders weave their way through the complex and technical arena of insurance regulation in the United Kingdom and globally. While he is mainly involved in transactional, advisory, and regulatory work, he also helps clients with coverage disputes and regulatory enforcement. Victor helps (re)insurers to draft their coverage terms and with the regulation of their business operations; in particular where underwriters are looking to distribute their products through intermediaries like managing general agents or cover holders or to investigate regulatory and licensing requirements in foreign countries.

He also helps underwriter clients obtain their own risk protections through traditional reinsurance and nontraditional structures like industry loss warranties, catastrophe bonds, and other insurance derivative instruments and trading arrangements. Regarding insurance intermediaries (like brokers, banks, and affinity groups), Victor helps clients negotiate the terms of their distribution arrangements as well as assisting with the regulation of business operations. 

For corporate policyholders, Victor helps to negotiate the terms of the various types of insurance that businesses normally purchase, in particular; directors and officers, financial crime, fidelity, warranty and indemnity, and credit insurance. He has also worked with many clients to help structure more complex arrangements like captive insurance and reinsurance programmes. Victor has a very broad client base including insurers, reinsurers, government agencies, insurance intermediaries, high-street retailers, banks, captives, and corporate organisations and is also a skilled person under section 166 of the UK Financial Services and Markets Act 2000.

Lawyer Rankings

London > Insurance > Insurance and reinsurance litigation

Hogan Lovells International LLP is a regular fixture on unusual insurance policies and clauses, economic/trade sanctions in the (re)insurance market – an area in which Jamie Rogers excels – and cases in the Lloyd’s market. Global co-chair Nick Atkins has considerable experience in insurance disputes for insurers and insured parties; he leads a team that continues to receive a number of Covid-19 business interruption claims, as well as instructions in the evolving area of climate change and greenhouse gas emissions exclusions. Other individuals of note include Victor Fornasier for PPI claims (where counsel Charlie Shute is also recommended), and Lydia Savill – promoted to partner in January 2023 – for property damage, trade credit, construction, fidelity/crime, D&O and professional liability claims.

London > Insurance > Insurance: corporate and regulatory

Hogan Lovells International LLP advises clients across the full scope of the insurance industry, with proven capabilities across insurance transactional matters such as Part VII transfers, M&A, and reinsurance transactions in addition to regulatory strengths, particularly with respect to economic and trade sanctions. The insurance team, led by global head of insurance Nicola Evans, has been bolstered by the promotion of Lydia Savill to the partnership in January 2023, bringing her experience in complex insurance and reinsurance mandates. She joins Tim Goggin, who has particular expertise in complex, cross-border Part VII and Brexit-related transfers; Charles Rix, who has an established practice in advising with-profit businesses in their restructurings, M&A, and Part VII transfers; Victor Fornasier, who has substantial experience in handling product design, distribution, and regulation issues for both insurance and reinsurance; and Jonathan Russell, who covers the sweep of cross-border M&A, complex corporate transactions, and group reorganisations. Jamie Rogers brings his notable expertise in financial crime and sanctions, and otherwise advises on the Lloyd’s market.

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