Birketts has a full-service insurance team with a strong focus on the MGA market.
Our integrated, cross-practice offering brings together insurance sector expertise across our corporate, regulatory, dispute resolution, employment and real estate teams, enabling us to deliver a comprehensive service to our MGA clients.
Our expertise
Our full service MGA expertise includes:
- Corporate and banking and finance: Advising on corporate transactions, reorganisations, joint ventures, start-ups and financing within the MGA sector.
- Commercial: Reviewing and negotiating trading agreements, binding authorities and introducer arrangements.
- Employment: Supporting MGA clients across the full spectrum of employment matters, from recruitment through to termination, disputes, litigation and employee share incentive schemes.
- Immigration: Advising MGA clients on all aspects of immigration, from policy and procedure guidance to visa applications and comprehensive compliance audits.
- IP: Advising MGA clients on all aspects of their intellectual property rights, contentious and non- contentious intellectual property law and trademarks and branding.
- Real estate: Acting for insurance sector occupiers on the pre-letting and leasing of high-profile City of London office developments.
- Coverage, disputes and policy advice: Drafting and reviewing marine and non-marine policies and advising on coverage, complex claims and subrogated recoveries on a global basis.
- Regulatory, compliance and governance: Providing end-to-end support on FCA and PRA authorisations, governance frameworks, compliance, consumer duty, anti-bribery and corruption, AML, and regulatory investigations.
A core strength of our MGA practice is advising on the acquisition and disposal of insurance businesses. We have built longstanding relationships with MGAs ranging from start-ups to established market participants. We also provide market-leading advice to private equity houses and other capital providers on investments into the insurance sector.
More broadly, our corporate insurance for MGAs offering includes restructurings, advising on constitutional documents such as shareholders’ agreements and articles of association, implementing employee share incentive schemes, and providing comprehensive company secretarial support.
Our experience
Advised on sale of Folgate Insurance Company Limited to Hadron Specialty.
Advised on sale of DNA Insurance Services to Aston Lark.
Acted on acquisitions of Rock Insurance group and Paying Too Much by Staysure.
Advised on sale of Nucleus Underwriting to Brown & Brown.
Advised on Sale of Hoxton Risk to Ardonagh.
Key Contacts
Accreditations
Managing General Agents Association (MGAA)
Member
Forum of Insurance Lawyers (FOIL)
Member
British Insurance Brokers’ Association (BIBA)
Member