Stephen Carter > Carter Perry Bailey LLP > London, England > Lawyer Profile

Carter Perry Bailey LLP
10 LLOYD'S AVENUE
LONDON
EC3N 3AJ
England

Position

Partner

Career

Stephen is Managing Partner of Carter Perry Bailey. On qualifying in 1980, he joined a leading London insurance law firm, practicing primarily in professional indemnity and public liability defence and coverage. He moved to Charles Russell to work for two years on secondment in-house at a run-off management company. During this time his focus expanded to include the reinsurance market, in which he has been closely involved ever since, and other classes of insurance, broking and agency. He became a Partner in Charles Russell, and headed its insurance and reinsurance practice until, in 2009, with other members of that team, he set up Carter Perry Bailey.

Litigation and Arbitration

Stephen represents UK and international clientele in insurance and reinsurance litigation and arbitration. This has ranged from defence and coverage issues in London courts and arbitration to co-ordinating the representation of, and advice to, parties in overseas disputes with multi-jurisdictional facets. His practice has encompassed a wide range of insurance, reinsurance, insurance broking and agency issues, both in the live and run-off markets. He has acted in ad hoc arbitrations and arbitrations under ARIAS (UK), ICC, LCIA, City Disputes Panel and KAC Rules, in London and overseas. Stephen is qualified as a member of the Chartered Institute of Arbitrators through its international arbitration module. He is also an ARIAS (UK) accredited arbitrator and has been instructed in overseas proceedings as an expert witness on English reinsurance.

Stephen has also conducted international commercial litigation and arbitration.

Commercial and Regulatory

Stephen advises on the drafting of insurance policy and reinsurance contract wordings (both traditional and ILS backed) and agency contracts. In the run-off market, he has advised on run-off management and reinsurance issues including Loss Portfolio Transfers, Schemes of Arrangement, Part VII transfers, commutations and management agreements. He advises on insurance regulatory issues concerning UK business and establishment. He has also advised an overseas government on the drafting of its External Insurance Act and on the structures and legislation that would be involved in creating an arbitration centre.

He is a regular speaker and contributor of articles on insurance, reinsurance and arbitration issues and is currently a Director of Community Reinsurance Corporation Limited, a reinsurance company in run-off.

 

Languages

English

Memberships

  • ARIAS (UK) – Panel Arbitrator
  • Community Reinsurance Corporation Limited – Director
  • Chartered Institute of Arbitrators – Member
  • London Court of International Arbitration – Member of the European Users Council
  • Federation of Defense of Corporate Counsel (“FDCC”) – International Vice Chair; past Chair of Reinsurance, Excess and Surplus Lines Section; UK Country Representative
  • Association of Defense Trial Attorneys (“ADTA”) – Member
  • British Institute of International and Comparative Law – Member
  • British Insurance Law Association (“BILA”) – Member
  • Institute of Art and Law – Member
  • Association of Insurance & Reinsurance Service Providers (“AirSP”) – former Board Member
  • Insurance & Reinsurance Law Review – former Editorial Advisory Board Member
  • Royal Academy of Arts – Friend

Lawyer Rankings

London > Insurance > Insurance: corporate and regulatory

Carter Perry Bailey LLP are an insurance and reinsurance boutique that ‘do what they do very well’, with the practice head Stephen Carter encapsulating the wider practice in his mixed contentious and non-contentious expertise in the insurance space, with experience handling contract construction, regulatory mandates, and the drafting of insurance documents. Bernadette Bailey has a similarly diverse practice, working particularly with brokers on regulatory issues.

London > Insurance > Insurance and reinsurance litigation

(Hall of Fame)

Stephen CarterCarter Perry Bailey LLP

Specialist boutique Carter Perry Bailey LLP is home to insurance and reinsurance experts that have been active in disputes between various insurance entities, including insurers, reinsurers, coverholders, brokers and regulators. The firm continues to be an exclusive UK member of Insuralex, boosting its significant presence on the international stage. Practice head Stephen Carter handles a broad range of London market and international insurance disputes, with a particular specialism in reinsurance and coverage. Bernadette Bailey is a regular advisor on direct insurance coverage and defence to property/casualty, industrial injury, public liability and professional indemnity claims; the latter is an area in which Simon Thomas further excels. For life, accident and health insurance, Helen Tilley is an essential contact.

London > Insurance > Professional negligence

Carter Perry Bailey LLP is a boutique firm which covers a wide range of professional negligence services, including defence and coverage advice for professionals, claimant advice for insurance entities, and professional indemnity advice for corporations and public authorities. The firm benefits from strong relationships with numerous overseas firms, and as such act on a highly international portfolio of matters. Stephen Carter specialises in coverage and reinsurance, and co-leads the department alongside Mark Aizlewood, who has expertise in professional indemnity policies, financial institutions’ insurance, and D&O policies.