Building on the firm’s deep expertise in insurance, our corporate insurance team delivers technically sound, pragmatic advice on corporate and commercial matters to a wide range of clients operating in the insurance sector.
We help our clients implement their strategies and grow their businesses. In order to do so, we bring together specialists from across the firm, including specialists in corporate, commercial, tax and regulatory areas, who work together to ensure that our advice provides a seamless solution to our clients’ requirements.
Operating from our six offices across the UK and Ireland, our seven partner team advises our insurance sector clients including Lloyds and non-Lloyds insurers, re-insurers, insurance brokers and MGAs.
We acted for the founders of Insure The Box on the sale of a 75% interest to Aioi Nissay Dowa, a leading Japanese insurance group for £104.5m.
We advised a leading insurance broker association on the availability of the insurance intermediary exemption from VAT.
We regularly act for a leading insurer in relation to delegated authority agreements and binding authority agreements with third parties, in both specialist and non-specialist areas.
We regularly advise on the terms of agreements with aggregator websites, including the data protection aspects of such agreements, and have recently advised on agreements with confused.com, comparethemarket.com, moneysupermarket.com and uSwitch.com.
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.
