Insurance

Jo Nayler

Ki Insurance recruits new GC

The general counsel at Crown Agents Bank has moved to Ki Insurance after just five months. Joanna Nayler made the move from the cross-border payments and FX services provider to become GC and compliance director at the insurance firm as of March 2024. Ki Insurance is a digital insurance company, driven by algorithmically powered underwriting. […]

Nord Stream

Russian-linked Nord Stream files claim after 2022 blast

The consortium behind Nord Stream, which runs a network of pipelines under the Baltic Sea between Russia and Germany, has moved to sue its insurers Lloyds and Arch Insurance. According to the public filing system, multinational consortium Nord Stream AG has filed a part 7 claim against the insurance duo. Nord Stream is 51 per […]

Clydes set to axe 14 partners in post-BLM shake-up

Insurance giant Clyde & Co has launched a UK restructure with up to 14 partner roles understood to be under threat. It is understood that the partners affected were informed of the restructure at the start of January. Sources close to the firm said roles in Clydes’ defendant casualty practice, which covers employer, public, road […]

RPC’s insurance head unveils new three-year growth strategy

RPC’s insurance head is looking to expand the firm’s capabilities in two key areas ahead of a revamped strategy to kick off the 2024/25 financial year. Simon Laird’s three-year strategy for the insurance group will run until the end of the 2027/28 financial year and seeks to grow in two key areas that the firm […]

Peter McCusker, Pinsent Masons

Pinsents hires Royal London’s deputy GC

The deputy general counsel of mutual insurer Royal London is switching back to private practice after over a decade in-house. Peter McCusker is moving to Pinsent Masons’s corporate team from April. The in-houser had been working with the firm on a long-term legacy simplification project that aimed to modernise its life and pensions business via […]

BLM’s 25-year Warburtons relationship disintegrates after Clydes merger

Clyde & Co has been replaced by Warburtons as the bakery’s primary provider of employee personal injury and motor injury claims. The work was taken over by Kennedys as of the start of this month. BLM had conducted this work for 25 years before being replaced by a team at Clydes following the £700m merger between […]

Anatomy of an in-house team: Inside RSA

Decades of disposals and investments culminated in insurance giant RSA being bought by a Canadian outfit and exiting the consumer motor market. The Lawyer meets the in-housers at the heart of its transformation.

hand shake

Plexus finds a buyer after losing investor support

Axiom DWFM, the firm that recently bought the struggling Ince Group, is expected to sign off an acquisition deal later today for defendant insurance firm Plexus Legal. The Lawyer understands the deal will close this afternoon. Plexus filed a notice of intention to appoint an administrator earlier this month, having confirmed earlier in that week that […]

ExCel exhibition centre

Stewarts leads for ExCel centre in significant Covid-19 ruling

The latest Covid-19 business interruption (BI) test case has reached judgment today, with the Commercial Court ruling in favour of policyholders and rejecting several alternative causation arguments pursued by the 13 insurers in these test cases. The case, which was featured as one of The Lawyer’s Top 20 cases of 2023, was between the London International Exhibition […]

Insurance concept

Plexus files notice of intention to appoint administrators

Defendant insurance firm Plexus has filed a notice of intention to appoint an administrator, having confirmed last week that its investors had pulled back their support. According to the public filing system, both Plexus Law and Plexus Legal have applied to the High Court to appoint an administrator. Macfarlanes has been appointed as its representative. […]