Slaughter and May‘s team is respected for advising on life and non-life insurance transactions. Thomas Peacock advises a range of clients on (re)insurance arrangements, de-risking transactions, and corporate reorganisations. Nick Bonsall advises on insurance-based pension scheme de-risking transactions and general insurance advisory work. Practice head Nick Pacheco, a seasoned corporate partner, regularly works with insurers on a range of transactions. Advising clients on Part VII transfers, compliance matters, and authorisation and passporting requirements is Amy Bennett, who is also experienced in funded reinsurance and asset-only reinsurance.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
- 'Tom Peacock combines excellent technical skills and market knowledge with an approachable manner. We appreciate how proactive Tom has been in building a collaborative relationship with us.'
- 'Extremely knowledgeable and experienced in this sector. Responsive and easy to deal with.'
- 'Nick Pacheco is excellent; very experienced and knowledgeable and easy to deal with.'
Key clients
- Allianz
- Athora Holding Company
- Aviva
- Canada Life
- Challenger Life Company
- Chesnara plc
- Compre Group
- Direct Line Insurance Group plc
- HM Treasury
- Legal & General
- Mansek
- Prudential Assurance Company
- Prudential plc
- RSA
- Zurich Insurance
Work highlights
Advised Direct Line Insurance Group plc on the £3.7bn recommended cash and share offer by Aviva plc, including and previously its successful takeover defence from an approach by Ageas.
Advised Legal & General on various insurance transactions in respect of the risks of defined benefit pension schemes, including the insurance of c. £1.4 billion of liabilities of the Sanofi Pension Scheme; and the insurance of c. £500m of liabilities of the Inchape Motors Pension Scheme.
Advised Chesnara on an insurance business transfer scheme under Part VII of the Financial Services and Markets Act 2000.
Lawyers
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Nick Pacheco
Other key lawyers
Tom Peacock; Nick Bonsall; Amy Bennett