Slaughter and May‘s team is respected for advising on life and non-life insurance transactions. Practice head Jonathan Marks is particularly skilled in advising on risk transfer transactions, corporate and governance matters, and M&A-related matters. 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. 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

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

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

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

Jonathan Marks

Other key lawyers

Tom Peacock; Nick Bonsall; Nick Pacheco; Amy Bennett