At Browne Jacobson we strive to make the complex simple and to find solutions that work for you. Acting for a wide range of financial institutions and their insurers, we advise on claims involving a variety of covers, including professional indemnity, directors and officers, bankers blanket bonds, crime and EPL.
Our dedicated team has expertise spanning the entire financial market, including retail and investment banks, challenger banks, building societies, payment providers, private equity and venture capital, investment funds, hedge funds, intermediaries and insurance companies.
We are armed with solutions and advice regarding FCA investigations, enforcement actions, disciplinary proceedings and advising on insurance programs and wordings. We also provide much wider commercial and corporate advice to Financial Institutions.
The open and collaborative way we work sets us apart from other firms. Working across our services, such as with the banking, regulatory, corporate and fintech teams, we are able to deliver the right advice in a form that works for you. We’re known for delivering an unparalleled service defending policyholders and insurers, whatever the claim.
We know how to forge links between our clients and sectors to make a positive impact and our motivation is to reach your goals and desired outcomes together.
Acting for a bank and its insurer, we achieved a very favourable early resolution of a £10m+ claim relating to allegedly negligent interest rate hedging product advice.
Acting for the Trustee of Bernard L. Madoff Investment Securities LLC and the estate of Bernard L. Madoff, regarding the largest financial fraud in world history.
Advising the insurers of a challenger bank on an unfair prejudice claim against the directors.
£36m claim against directors of an offshore OEIC arising from Ponzi fraud of the company's investment managers.
“Recognised for handling insurance and reinsurance disputes across a variety of sectors. Regularly assists clients with high-value physical risk claims concerning property damage, construction defects and product liability with additional expertise in financial lines. Capable of advising on international as well as domestic matters."
"Specialised knowledge in niche field of work."
"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.
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.
On 19 November 2019, the Financial Conduct Authority (“FCA”) published “Finalised guidance” (FG19/5) for “insurance product manufacturers and distributors”.
The Financial Services Duty of Care Bill (the “Bill”) was introduced into the House of Lords in October 2019 and had its second reading on 9 January 2020.
The aim of the newsletter is to provide our clients and contacts across the financial services market with quarterly updates and insights on topical legal and regulatory issues.
Following an “explosion” in online promotions for high yield investment opportunities, the FCA says a “strong case” could be made for regulating how investment products are marketed to retail investors.
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.
Last month the FCA published the FCA Enforcement Annual Performance Report for 2018/19.
Bringing together the great and the good of the insurtech world, we take a look back to earlier this summer when Insurtech UK invited their approved legal partners Browne Jacobson LLP, Locke Lord UK LLP and Capital Law to present as part of the Best Practice Series.
The UK Financial Conduct Authority (FCA) has published the final report (PDF) on its market study of the London wholesale insurance broking market.
The Court of Appeal has set out six steps to be considered when applying the ‘SAAMCo’ scope of duty principle in auditors’ negligence cases.
