Conyers houses a fully dedicated insurance and reinsurance law practice that acts for a sizeable percentage of all new insurance licensees, as well as counting the vast majority of commercial reinsurers that are active in the Cayman market. The team’s workload includes the gamut of issues in the practice area, covering captives, agents, brokers, reinsurance, alternative risk transfer, insurance financing, catastrophe bonds and other insurance-linked securities. Derek Stenson leads the team and is counsel of choice to a wealth of international financial and insurance institutions. Philippa Gilkes is a further key name with a dedicated insurance offering, while Sarah Howie and Frank Farrell add further support.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Insurance dedicated expertise.’
‘Responsive, knowledgeable and experienced. Safe pair of hands. In particular Derek Stenson and Philippa Gilkes.’
‘Derek Stenson and his team have a commercial approach to the market that is simply unmatched by their peers. Derek is first and foremost a businessman and a lawyer secondly and this sets him and his team apart. Like any good leader he has surrounded himself with a solid team of performers.’
‘Derek Stenson has always had a commercial approach to matters legal and allied to his energy, affability built upon his technical know how he is as rounded a lawyer you can ask for. He knows his strengths and hires accordingly and in Philippa Gilkes has brought on an organised, technical and solid partner to his practise. Sarah Howie brings a seasoned compliance and contractual view of the world and Frank Farrell is busy building out his experience across a full range of the Conyers service platform.’
‘As a general counsel new to Cayman Islands' regulatory regime, Conyers has provided invaluable resources and guidance above and beyond what I expected.’
‘Derek Stenson heads-up an extremely talented reinsurance and insurance team. They are an extremely collegiate team who work seamlessly together - without doubling-up on charges. Their service delivery is exceptional. They really take time to fully understand their client's business operations and not only deliver great service for a specific service request they generally (almost always) make some additional beneficial recommendations.’
Key clients
- ACAP
- Agam Capital Management
- AIG
- Arbel Re SPC
- Arch Capital
- Ascension Health
- Aspida Holdings
- Artex
- Athene Holding Ltd.
- Aran Re
- Augusta Health
- Axar Re
Work highlights
Advised the Aspida Group on the establishment of two Cayman Islands life and annuity reinsurers.
Assisted alternative asset manager Third Point with launching and licensing Malibu Life Re, a new life and annuity reinsurer in the Cayman Islands.
Acting for Augusta Health Care in its defence of an application by co-shareholder Valley Health System to the UK Privy Council for special leave to appeal an earlier judgment of the Cayman Islands Court of Appeal which overturned a winding up order of the Grand Court.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Derek Stenson
Other key lawyers
Philippa Gilkes; Sarah Howie; Frank Farrell