Digital and data
Our digital and sourcing team regularly advises financial services clients on high-value, complex commercial and technology transactions of a critical nature.
We provide strategic advice on all aspects of these transactions to protect our clients’ key priorities and aims. Our lawyers have experience advising organisations on the adoption of digital disruptive technologies, including dealing with the regulatory aspect of financial services, as well as the technology behind the use of cryptocurrencies, AI and dispute resolution support if transactions encounter issues.
At Browne Jacobson, social and environmental impact are at the top of the business agenda. In particular, our digital and sourcing team is focused on supporting clients to achieve sustainability, inclusion, and diversity commitments through contracting.
We regularly advise clients on end-to-end technology, sourcing and the adoption of digital disruptive technologies across a wide spectrum of disciplines such as procurement of hardware and software, systems integration and builds, disaster recovery solutions, licensing and software development, new fintech solutions and apps, digital disruptive technologies, crypto technologies, cloud computing, ERP and PSA transactions, mobile devices, e-commerce, cyber resilience, IT disputes and tech corporate transactions.
Our team of lawyers across our offices brings a wealth of experience advising on large-scale, critical, complex IT and sourcing transactions.
Digital transformation in insurance
All operational units and legacy processes (including product manufacture and target market assessments, underwriting and claims) face challenges from new digital systems.
These systems aren’t just upgrades, but give rise to increased competition, and requirements from capacity providers and distributors, to meet customer and regulator expectations as to service speed, precision and efficiency.
We are well placed to help IT systems suppliers and purchasers across the insurance markets with our team of specialist tech, data, commercial and regulatory lawyers.
We advised a well-known insurer on the creation of an online portal.
High street bank
We advised on data protection implications in relation to various commercial agreements entered into with third parties.
Cash processing business
Advised on various data issues.
Financial advice platform
Advised on data compliance and IT procurement issues.
We worked with a software platform provider on its licensing and subscription models for insurance schemes operated by underwriters, and accessed by insurers and brokers.
Working with a platform developer who is building software that is intended to streamline and automate these previously manual processes and allow insurers, carriers, coverholders and TPAs to manage all of their authority delegations online, in one place.
“We find Browne Jacobson a delight to work with. They are easy and transparent to deal with, provide a broad range of legal services and are highly responsive.”
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