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

Carter Perry Bailey LLP




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.





  • 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 and reinsurance litigation

(Hall of Fame)

Stephen CarterCarter Perry Bailey LLP

Specialist boutique Carter Perry Bailey LLP fields insurance and reinsurance specialists with ‘excellent depth of experience’. As the only UK member of Insuralex, the leading international grouping of specialist insurance firms, it also receives a significant number of referrals from overseas (re)insurers, brokers and agents.  Stephen Carter is an authority in London Market and international insurance disputes, with a particular specialism in reinsurance and coverage. Covering contentious and non-contentious aspects, Bernadette Bailey works on direct insurance coverage and defence to property/casualty, industrial injury, public liability and professional indemnity claims. Helen Tilley is another authority on Life, Accident & Health insurance.

London > Insurance > Professional negligence

Amazing‘ boutique firm Carter Perry Bailey LLP is known for being ‘absolutely first rate on insurance and reinsurance and professional negligence’. The firm prides itself on its high partner to staff ratio in comparison to larger firms, and clients ‘can be sure their case will be given the attention it requires by someone who really understands the issues’. Firm founder Stephen Carter leads the team; he works with ‘true starMark Aizlewood, who has expertise in claims against solicitors, valuers, construction and finance professionals. Fellow founder Bernadette Bailey has expertise in international direct insurance claims, including public and employers’ liability.