Banking and capital services for insurance clients
Browne Jacobson is a natural go-to law firm for insurance organisations. Through our exceptional work across the insurance distribution chain with established insurance providers, brokers, MGAs and early-stage InsurTech innovators, puts us at the forefront of modernisation and change and exceptionally well-placed to help with your banking and capital raising plans.
Powered by our extensive expertise and knowledge across the insurance sector we provide a variety of legal transactional support to you in the following areas:
- Fundraising and venture capital - We’re proud of our proven track record, advising on investment rounds for high-growth insurance companies who are at the cutting edge of innovation and who are driving change. We also act for UK and overseas venture capital funds, angels and corporate investors.
- Mergers and acquisitions - As one of the UK’s most active law firms on corporate M & A and corporate deals, we’re able to combine our deal expertise with our insurance sector knowledge to successfully deliver corporate transactions in the sector.
- Public companies and equity capital markets - We have the expertise and the experience to help a public company through every stage of its lifecycle. This includes pre-IPO fundraisings and structuring, IPOs (whether on AIM or the Main Market), secondary fundraisings, restructuring, debt financings, takeovers and reverse takeovers.
- Banking and finance - Our banking and finance team capitalises on the firm’s unique insurance offering. Our ability to provide sector-focussed transactional, property and regulatory advice means that we win repeat work from funder and borrower clients in this sector.
We pride ourselves on our problem-solving and you won’t be disappointed with the service we give you.
Featured experience
Laka
Advised InsurTech business Laka on its $13.5m Series A round, led by Autotech Ventures with participation from Ponooc, ABN AMRO Ventures and Porsche Ventures.
Superscript
Advised award winning startup Superscript, the digital-first insurance broker for fast-growth technology and media businesses, on its $10.4m Series A funding round.
Anansi Technologies
Acted for InsurTech business Anansi Technology on its £1.5m seed investment led by Octopus Ventures with participation from a number of prominent angel investors.
Digital Fineprint
Advised InsurTech business Digital Fineprint on its $4m funding round led by Eos Venture Partners and Pentech.
Brokerbility
Advised on the sale of Brokerbility Holdings to Clear Group, including the transfer to Clear Group of Brokerbility’s technology trading arms being Brokertech and Brokerbility Information Gateway.
Eos Venture Partners
Advised Eos Venture Partners, a strategic venture capital fund focused exclusively on the insurance sector, on its investment in London-based InsurTech startup Concirrus, as part of a £5m round alongside deeptech investor IQ Capital.
Key contacts
Jon Snade
Partner
Emma Hinton
Partner
Gareth Davies
Partner
Ryan Brown
Partner
Harry Pearson
Senior Associate
Shania Sood
Associate
Melanie Hilton
Senior Associate
Tim Johnson
Partner
Jeremy Irving
Partner
Testimonials
"I am very grateful for all the support we have received from Jon and the Browne Jacobson team in closing our investment, which is strategically important to us as we continue to scale and enter new markets. Jon and his team provided expert advice and were always available at short notice to guide us through the deal process."
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Browne Jacobson’s banking & finance team describe 2022 as a “game of two halves” after completing over £2 billion worth of transactions
Legal Update
Banking Transaction Updates - January 2023
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Manchester dealmakers advise Maven Capital Partners on £1m investment in fintech disruptor Nivo Solutions
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Legal Update
Trigger happy when directors’ duties are the target?
In a judgment handed down yesterday the Supreme Court has affirmed that a so called “creditor duty” exists for directors such that in some circumstances company directors are required to act in accordance with, or to consider the interests of creditors. Those circumstances potentially arise when a company is insolvent or where there is a “probability” of an insolvency. We explore below the “trigger” for such a test to apply and its implications.
Opinion
Sequana: Supreme clarification on the duty owed to creditors
The Supreme Court has unanimously dismissed the BTI v Sequana appeal and reviewed the existence, content and engagement of the so-called ‘creditor duty’; being the point at which the interest of creditors is said to intrude upon the decision-making of directors of companies in financial distress.
Legal Update
Banking Transaction Update July 2022 - North West transactions
There are clearly challenging macro-economic factors at play but at Browne Jacobson we continue to see good levels of transactional activity with certain sectors being particularly buoyant: healthcare, financial services, energy & infrastructure and tech.
Legal Update
Banking Transaction Update July 2022 – National transactions
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Press Release
Browne Jacobson’s banking specialists advise HSBC UK Bank plc on management buy-out of UK’s largest family owned bicycle distributor
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Press Release
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Legal Update
Banking Transaction Update February 2022 - North West transactions
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Legal Update
Banking Transaction Update February 2022 – National transactions
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Press Release
Browne Jacobson’s national banking & finance team announce £1bn worth of deal activity and 25% deal volume growth in the last 12 months
Over the last 12 months, the team which is made up of 14 specialist banking lawyers advised on over 300 transactions across various sectors including healthcare, private equity, financial services and tech. The deals have a combined value of £1 billion.
Press Release
Browne Jacobson appoints new head of banking for Manchester to spearhead growth
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Legal Update
Banking transaction update - June 2021
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Legal Update
Banking transaction update - Summer 2020
During what has been a difficult few months, it has been encouraging to see the energy and activity amongst funders as they support businesses. We have been absolutely delighted to assist our clients during this difficult time.
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How will the current extraordinary events impact the transactional market? The COVID-19 crisis has certainly created enormous challenges for the deal market.
Legal Update
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COVID-19 and declaring dividends
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Legal Update
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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?
Legal Update
Corporate tech update: Chancellor announces Future Fund to support start-ups and high-growth companies during Covid-19 pandemic
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Legal Update
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Press Release
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Published Article
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Press Release
Browne Jacobson advises on sale of TCL to idverde Group
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Published Article
Is insurance the new banking? part 3: Inappropriate personal behaviour, and conduct risk, in the Lloyd’s Market
This article addresses the regulatory issues around Lloyd’s’ evidence of inappropriate personal behaviour (sexual discrimination / harassment, and alcohol / substance abuse).