Carey Olsen Bermuda Limited is experienced in major regulatory investigations, leading on cases both for and against governmental and regulatory bodies. Michael Hanson has a non-transactional regulatory and compliance practice including work on anti-money laundering and anti-terrorism financing investigations. Steven Rees Davies is regarded in the Fintech and digital assets sectors, Kyle Masters integrates experience as an advocate on contentious cases, while Gavin Woods leads for major clients on banking and insurance matters. Oliver MacKay is another key name on corporate and financial matters, while Alexandra Fox left the firm in December 2025.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- This department works fearlessly to protect its clients' interests. In the cases I have done, CO has fearlessly promoted its clients' commercial interests. It made a great choice of expert witness.
- Not only the best litigation firm in Bermuda, but one that is equal to many in major centers around the world.
- Excellent knowledge of the applicable regulatory frameworks.
- The team at Carey Olsen stands out for its exceptional responsiveness, sharp commercial judgment, and seamless execution on complex offshore matters. Rather than providing purely theoretical legal opinions, the team acts as true strategic partners who thoroughly understand fast-moving industry realities.
- The team was able to quickly pull together the appropriate experts in litigation, regulatory compliance, and insurance to address the issues from which we have sought advice from Carey Olsen. The team was very responsive and provided practical and executable guidance.
- We have engaged Carey Olsen in connection with complex litigation involving trust structures in several countries. The team does an excellent job of providing us guidance, presenting our positions in court, and coordinating a large international team.
- Carey Olsen provides excellent insight and maintains a strong understanding of local Bermuda law. This helps drive and shape the business.
Key clients
- AON
- Equilibria Capital Management Ltd
- Bittrex Global Inc
- Bermuda Medical Doctors Association
- White Rock Insurance (SAC) Ltd
Work highlights
Represented Ultimate Beneficial Owners (UBOs) and select former directors of Bittrex Global (Bermuda) Ltd (Company), which holds a Class F digital asset business license, under which it operated a digital assset exchange.
Represented AON and a number of its subsidiaries, including White Rock, and and a part of the AON group of companies on a matter that has been described in the press as "likely the largest fraud ever in the Bermuda (re)insurance market".
Advised Equilibria Capital Management Ltd on the implications of, and compliance with, Bermuda's enhanced beneficial ownership regime, following the introduction of a new and expanded legislative framework.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Kyle Masters; Gavin Woods; Steven Rees Davies; Michael Hanson
Other key lawyers
Oliver MacKay; Keith Robinson