At Browne Jacobson we have in-depth knowledge and experience of the insurance broker and intermediary sector. We combine that knowledge and experience with our leading full-service commercial practice, to provide a seamless, joined-up service to our broker clients.
As an intermediary, we understand the regulatory considerations that apply to everything you do, from your senior managers’ employment contracts to your customer-facing terms of business. As associate members of the British Insurance Brokers Association, we work closely with a large number of insurance intermediaries. We stay on top of the latest developments.
We are particularly well known for our work in the broker M&A space, in which we are one of the most active firms in the market. We have advised on dozens of high-profile broker acquisitions and disposals in the past few years, ranging from large multi-party deals to small book purchases. We have particular expertise in compliance diligence and change of control issues.
We also have significant experience advising on the contractual arrangements that are essential to the distribution of regulated products, including binders, insurer TOBAs, customer TOBAs, TPA agreements and agreements with software providers.
We are considered to be a trusted advisor by many clients ranging from multinational brokers and networks to smaller regional firms, some of whom instruct us as their remote ‘in house’ counsel through our innovative instant in house product.
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"A firm that can go toe-to-toe with the best of the magic circle in insurance and prof neg matters. Expertise on the law runs through all levels, and the collaborative nature of the partnership and teams means that particularly on the larger cases, one gets excellent service across the board, with a sound strategy."
"The lawyers provide professional and timely advice on all queries with excellent understanding of insurance."
"An extremely client focused and committed team with deep knowledge of its clients."
With the fast pace of legal and regulatory changes, Browne Jacobson is launching its ‘In-house for intermediaries’ service for brokers and MGAs.
This webinar looks at the three key themes in the decision, and is aimed at sports & social clubs (including safeguarding officers).
Catch up with our Broker Insight on-demand video. With many intermediaries looking to buy, sell or seek external investment, we explored the elements of a successful M&A transaction.
Ahead of COP 26 in November, Browne Jacobson LLP is producing a series of articles to help insurance market – and other financial services – firms manage the compliance risks they face in relation to climate change with this article addressing issues around transition risks.
The forced closure of many businesses as a result of the Coronavirus pandemic has had a huge impact on the nation’s Gross Domestic Product (GDP). Recent reports from the Office for National Statistics state that the economy was 25% smaller in April than it was in February this year.
We’ve already discussed various practical implications that COVID-19 is having on M&A transactions, but if transactions are continuing to go ahead, what are some of the legal considerations to bear in mind in the current climate?
With instances of COVID-19 rapidly increasing throughout the UK, many businesses are considering the potential impact on their businesses if they are forced to temporarily close as a result of the outbreak.
Read our latest insurance newsletter for our clients and contacts across the financial services market with quarterly updates and insights on topical legal and regulatory issues.
Welcome to our review of 2019 as we look ahead to what is on the horizon for the insurance sector in 2020.
On 19 November 2019, the Financial Conduct Authority (“FCA”) published “Finalised guidance” (FG19/5) for “insurance product manufacturers and distributors”.
The latest update covering delegated authority, insurance product development, the senior insurance managers regime, data protection, operational control frameworks, Lloyds market, and horizon scanning.
Lloyd’s has announced changes to its rules on delegated authority (DA) business, aiming to embrace technology and a more risk-based approach.
The UK Financial Conduct Authority (FCA) has published the final report (PDF) on its market study of the London wholesale insurance broking market.
On 23 January, the Future Professional Indemnity Forum of the IUA invited three industry experts to discuss the practicalities of operating in a hard market.
The purpose of this note is to highlight the difficulties with vendor due diligence in the context of W&I insurance.
