Insurance law firm Browne Jacobson has won the Inclusion & Diversity Award at the National Insurance Awards 2022. The National Insurance Awards are judged by an independent panel of experts and celebrate excellence in the sector by highlighting the very best in general insurance provision and management.
Insurance law firm Browne Jacobson has won the Inclusion & Diversity Award at the National Insurance Awards 2022.
The National Insurance Awards are judged by an independent panel of experts and celebrate excellence in the sector by highlighting the very best in general insurance provision and management.
Browne Jacobson has established a national reputation for its commitment to promoting greater diversity and inclusion in the legal profession in recent years and in 2021 was named the UK's leading employer in the Social Mobility Employer Index.
Some of the key measures introduced have included:
Jonathan Newbold, Head of Browne Jacobson’s Financial Services & Insurance Group, said:
“This award is a recognition of the incredible work everyone at Browne Jacobson has undertaken in actively changing the narrative and creating solutions to attract a diverse pool of talented candidates to the insurance legal space.
“The strength of the shortlist this year highlights some of the fantastic initiatives that are helping to make the UK insurance industry more diverse and inclusive. By placing the spotlight on initiatives such as FAIRE we hope to inspire others to do more in making their organisations and the sector more diverse and inclusive.”
Browne Jacobson are trusted legal advisers to the insurance sector, specialising in resolving casualty and specialty claims, corporate transactions and regulation.
This article is the second in a series to help firms take a practical approach to complying with the ‘cross-cutting rules’ within the new ‘Consumer Duty’ (CD) framework. The article summarises what it seems the Financial Conduct Authority (FCA) is seeking to achieve from the applicable rules (section 2 below) and potential complications arising from legal considerations (section 3).
Claims arising from interest-only mortgages have been farmed in volume. Many such claims to date have sought to drive a narrative that interest-only mortgages are an inherently toxic product and brokers were negligent simply for suggesting them. Taylor is a helpful recalibration, focussing instead on what the monies raised by the mortgage product were being used for and whether the client understood the inherent risks.
This article is the first in a series aimed to help firms get to grips on a practical basis with the ‘cross-cutting rules’ within the new ‘Consumer Duty’ framework.
Browne Jacobson’s corporate finance lawyers have advised leading private equity investor, Rcapital Partners LLP (Rcapital) on its majority stake acquisition of managing general agents (MGAs), UK General Insurance Ltd (UKG) and Precision Partnership Limited (PPL) alongside Montague Investment Group LLP who are taking a minority stake.
Bridget Tatham, a specialist defendant insurance lawyer at Browne Jacobson has been honoured at this year’s Birmingham Black Lawyer (BBL) Excellence Awards, having been named Lawyer of the Year. Bridget was also shortlisted for BBL’s Diversity Champion 2022.
On 10 June 2022 the Court of Appeal upheld an anti-suit injunction granted in favour of insurers by Mr Justice Jacobs in September 2021 restraining proceedings from being brought in Canada and enforcing the exclusive English jurisdiction clause in excess liability policies.
Browne Jacobson has announced its financial results for 2021-22 with revenues up 11 per cent year-on-year to £94m, up from £85m. It marks the 13th consecutive year of growth with a 59 per cent increase in revenues since 2015 (£59m).
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