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Insurance

A persistently soft market is one of the few predictable elements of working in the global (re)insurance industry. Most brokers, carriers, captives and corporate risk managers have been influenced by falling prices, and with few signs of a correction, companies must innovate, cut costs, seek out merger and partnership opportunities and do more with less.

Despite intense competition, (re)insurance is a magnet for new capital keen to take advantage of the stable returns offered by an established, highly regulated industry.

Long-term advisors to companies in the market, CMS’ award-winning Insurance & Reinsurance Group has adapted to support the requirements of an industry in a constant state of change.

While CMS is a historic market leader in (re)insurance dispute resolution and policy wordings, our teams also deliver a suite of specialisms that meet the needs of insurance and risk management professionals spanning every conceivable business objective.

The firm provides unique expertise in corporate advice on mergers and acquisitions, employment law to support brokers or insurers with a team or key personnel issue, property advice, structured finance and regulatory and compliance.

The CMS Insurance Practice has worked within the insurance and reinsurance markets for over half a century, supporting both carriers and intermediaries in the UK, Europe and beyond. Our long-term involvement in the sector means that we can support clients to make the most of these new opportunities and we understand the issues businesses are facing today.

Many of our lawyers have worked in the insurance sector, which means we understand the complexities of your markets. Wherever you require guidance, our multi-disciplinary specialists can help you.

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Defendant Personal Injury
The CMS Defendant Personal Injury team specialises in the defence of personal injury claims on behalf of public bodies, insurers and self-insured corp
London Skyline
Insurance Corporate
2015 saw in excess of USD 100bn in merger and acquisition activity across the global (re)insurance sector[1], with the expectation of more to come.The
Lighthouse at night shining its light
Insurance Regulatory
Resilient since the financial crisis, the insurance sector has not escaped the regulator’s tougher, more intrusive stance. Insurers must wrestle with
Row of hanging blue fire jackets and red fire helmets
Life Assurance
The commercial, economic and regulatory environment for the life assurance industry has never been more challenging.  Technology, historically low int
View looking up to the sky through skyscrapers
Policy Wording & Claims
The global (re)insurance industry has more contracts in place, containing more nuanced information than its underwriters, brokers, captives and buyers
Law-Now: In­sur­ance
Vis­it Law-Now for leg­al know-how and com­ment­ary
Ad­vising the Board

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29/09/2022
Boom & Gloom? CMS European M&A Out­look 2023
We are pleased to share with you the 2023 edi­tion of the European M&A Out­look pub­lished by CMS in as­so­ci­ation with Mer­ger­mar­ket.
22/09/2022
On the rocks - HSE pub­lishes new guid­ance on silica ex­pos­ure
The Health and Safety Ex­ec­ut­ive (HSE) has re­cently up­dated its pub­lished guid­ance on silica ex­pos­ure, ahead of a pro­gramme of in­spec­tions that will re­quire em­ploy­ers to demon­strate the safety meas­ures...
20/09/2022
Bo­nus Cap to be Scrapped?
Ac­cord­ing to press re­ports last week, the Chan­cel­lor, Kwasi Kwarteng, is con­sid­er­ing scrap­ping the cap on vari­able re­mu­ner­a­tion that ap­plies to dual-reg­u­lated firms’ ma­ter­i­al risk takers. The cap was...
06/09/2022
Lim­it­a­tion in claims against in­surers un­der the Third Parties (Rights against...
In one of the first de­cisions on lim­it­a­tion un­der the Third Parties (Rights against In­surers) Act 2010, the Leeds County Court de­cided that, for claims against in­surers, time con­tin­ues to run for lim­it­a­tion...
01/09/2022
Crit­ic­al Third Parties to the fin­an­cial ser­vices sec­tor dis­cus­sion pa­per...
Back­ground Fol­low­ing a re­cent Reg­Zone art­icle on this top­ic which fo­cused on HMT’s con­firm­a­tion that it will le­gis­late to per­mit fin­an­cial reg­u­lat­ors to dir­ectly over­see and su­per­vise (pre­vi­ously un­reg­u­lated)...
31/08/2022
Ex­ec­ut­ive Re­mu­ner­a­tion and ESG
En­vir­on­ment­al, so­cial and gov­ernance (ESG) con­sid­er­a­tions are top of the agenda for many com­pan­ies today. While ESG seeps in­to all as­pects of busi­ness, ex­ec­ut­ive re­mu­ner­a­tion is one of the areas that...
12/08/2022
Ac­tion­able dam­age in isol­a­tion
The de­cision in Kee­gan v In­de­pend­ent In­sur­ance Com­pany Ltd & Zurich In­sur­ance PLC [2022] EWHC 1992 (QB) con­cerns the Third Party (Rights Against In­surers) Act 2010 and may be sig­ni­fic­ant as re­gards the...
12/08/2022
Does the Fin­an­cial Ser­vices and Mar­kets Bill 2022 se­cure the UK’s green...
The UK was de­scribed as “the best place in the world for green fin­ance” by Rishi Sunak, the former UK Chan­cel­lor of the Ex­chequer, in his Man­sion House speech last year. In help­ing to se­cure the UK...
04/08/2022
Over­sight of Ap­poin­ted Rep­res­ent­at­ives
The Fin­an­cial Con­duct Au­thor­ity (“FCA”) has pub­lished new rules to im­prove over­sight over ap­poin­ted rep­res­ent­at­ives (“ARs”), which will take ef­fect on 8 Decem­ber 2022. These new rules are in­ten­ded...
03/08/2022
FCA Con­sumer Duty - Im­ple­ment­a­tion Toolkit
FCA has pub­lished its fi­nal rules and guid­ance for a new Con­sumer Duty that will set high­er and clear­er stand­ards of con­sumer pro­tec­tion across fin­an­cial ser­vices and re­quire firms to put their cus­tom­ers’...
22/07/2022
Fin­an­cial Ser­vices & Mar­kets Bill: A new be­gin­ning? UK fin­an­cial ser­vices...
On 20 Ju­ly 2022, the Fin­an­cial Ser­vices and Mar­kets Bill (the Bill) was in­tro­duced in­to Par­lia­ment. The Bill is the largest piece of fin­an­cial ser­vices le­gis­la­tion for over two dec­ades and cov­ers a wide...
22/07/2022
Fin­an­cial Ser­vices & Mar­kets Bill: A new be­gin­ning? UK fin­an­cial ser­vices...
On 20 Ju­ly 2022, the Fin­an­cial Ser­vices and Mar­kets Bill (the Bill) was in­tro­duced in­to Par­lia­ment. The Bill is the largest piece of fin­an­cial ser­vices le­gis­la­tion for over two dec­ades and cov­ers a wide...