David Spencer > Simcocks > Douglas, Isle Of Man > Lawyer Profile

Simcocks
RIDGEWAY HOUSE
RIDGEWAY STREET
DOUGLAS
IM99 1PY
Isle Of Man
David Spencer photo

Work Department

Alternative Investment Market
Aviation
Banking and Finance
Collective Investment Schemes
Corporate and Commercial
Insurance
Notarial
Shipping

Position

Director

Career

David’s has extensive experience in banking and insurance law, regulation and compliance.

His specialisms include the drafting and implementation of bespoke bank loan and security documentation, media and entertainment finance documentation and insurance contracts.

He has particular experience in schemes involving the transfer of insurance business and schemes of amalgamation.

Memberships

  • Isle of Man Law Society
  • Law Society of England and Wales (non-practising)

Education

  • University of Bristol (LLB) 1972

Lawyer Rankings

Isle of Man > Insurance and pensions

(Hall of Fame)

David SpencerSimcocks

Simcocks is particularly strong advising clients on life insurance, reinsurance, and managing captive insurance companies. It also covers regulatory and compliance matters, portfolio transfers, and re-domiciliation arrangements. The team also covers matters such as IPA authorisation, scheme mergers, and buy-outs and buy-ins. David Spencer has niche specialisms in marine mutual insurance, transfer of insurance businesses, and amalgamation schemes. Phil Games is a key contact regarding offshore and international pensions. Consultant Elizabeth Simpson is also highly regarded.

Isle of Man > Banking, finance and capital markets

Simcocks is often engaged by international lenders involved in capital transactions; the firm is also regularly turned to by Magic Circle and prominent Irish firms for matters concerning the Isle of Man. Team leader Alex Spencer  advises lenders and borrowers in finance transactions. David Spencer  specialises in corporate and shipping finance and insurance matters. Irini Newby is an expert in commercial finance and property.