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Simon Garrett

Partner

CMS Cameron McKenna Nabarro Olswang LLP
Cannon Place
78 Cannon Street
London
EC4N 6AF
United Kingdom

Simon Garrett is a partner in the Insurance Team. He has worked as a lawyer in the London insurance market since 2001.  He acts for a variety of insurers, intermediaries and their insureds in defence of claims against them or advising on coverage issues. 

Simon’s practice focuses on claims against financial institutions, commercial D&O claims and complex professional indemnity disputes involving financial services companies and other professionals, particularly solicitors, IFA’s, insurance brokers, accountants and other financial services professionals. Simon also represents clients facing investigations by regulatory bodies e.g. FCA, FRC, Lloyd’s of London. Simon also regularly acts for the aviation insurance market dealing both with coverage issues and defence of insureds.

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The ‘brilliant’ Simon Garrett

Legal 500

Relevant experience

  • Former Finance director of a listed accountancy firm on an FRC investigation
  • Former Directors/Employees of Safeway on a claim to pass on a Competition Act fine
  • Brokers/insurers in a USD 500 million claim for misappropriated gold
  • IFAs/Insurers for various mis-selling claims
  • Solicitors & insurers in respect of various professional negligence claims
  • SIPP operators/insurers for various breach of trust/ maladministration claims
  • Accountants/insurers for various audit & other professional negligence disputes
  • Construction firm/insurers in respect of allegations of blacklisting of construction workers
  • Aviation insurers in respect of recoveries arising out of the Lockerbie tragedy
  • Brussels airport/insurers in respect of the 2006 airport hangar fire
  • Aviation insurers in respect of the Shoreham disaster
  • Various schools facing professional indemnity claims by pupils/parents
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Education

  • 2000 - BSc, Law with Legal Practice Management, Aston University, Birmingham
  • 2001 – LPC, University West of England, Bristol 
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Memberships

  • Member: City of London Law Society, Insurance law sub-committee
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27 April 2020
COV­ID-19 In­sur­ance Im­plic­a­tions
The COV­ID-19 pan­dem­ic has ex­trac­ted a ter­rible toll on hu­man life and has caused sig­ni­fic­ant dis­rup­tion to busi­ness and in­vest­ment world­wide. The true eco­nom­ic im­pact of the pan­dem­ic re­mains to be de­term­ined and one is­sue in­sur­ance mar­ket par­ti­cipants are
27 May 2020
Ex­e­cu­tion-only SIPP pro­vider not li­able to in­vestor
The High Court has held that an ex­e­cu­tion-only SIPP pro­vider was not li­able to an in­vestor who sus­tained losses when he trans­ferred an ex­ist­ing pen­sion in­to a SIPP op­er­ated by the pro­vider. The de­cision...
1 October 2019
Cli­mate change: fin­an­cial in­sti­tu­tions and their stake­hold­ers - PRA ex­pect­a­tions...
From 15 Oc­to­ber 2019, UK banks and in­surers are ex­pec­ted to have ini­tial plans in place to ad­dress the ex­pect­a­tions set out in the Pruden­tial Reg­u­lat­ory Au­thor­ity's (PRA) Su­per­vis­ory State­ment (SS) 3/19, ‘En­han­cing banks’ and in­surers’ ap­proaches to man­ag
21 May 2020
Up­per Tax Tribunal rules against pen­sion fund ad­min­is­trat­or on in specie...
In its long-awaited de­cision in the case of HM­RC v Sip­pchoice Lim­ited, the Up­per Tax Tribunal has al­lowed HM­RC’s ap­peal against a first in­stance rul­ing in fa­vour of Sip­pchoice and has found that the...
4 December 2017
Risk Mat­ters: In­sur­ance Sec­tor Up­date (Winter 2017/18)
15 April 2020
High Court Rules No Bind­ing Or­al Con­tract Cre­ated Dur­ing Tele­phone Call
The High Court has ruled that no bind­ing or­al con­tract was cre­ated dur­ing a tele­phone con­ver­sa­tion between a cor­por­ate fin­an­cial ad­viser and its cli­ent about ser­vices the ad­viser would provide in re­la­tion...
11 August 2016
In­sur­ance is­sues: key is­sues for the in­sur­ance mar­ket - Sum­mer 2016
07 April 2020
Dir­ect­or­s' du­ties on com­pany in­solv­ency
A de­cision on li­ab­il­ity has re­cently been passed down which provides timely com­ment­ary on the du­ties of dir­ect­ors in the event a com­pany is in­solv­ent, or near in­solv­ent. The Court provides a re­mind­er...
27 February 2020
Edu­ca­tion: vi­cari­ous li­ab­il­ity for teach­er­'s sexu­al ab­use of pu­pil can...
The Court of Ap­peal has ruled that a loc­al au­thor­ity, as em­ploy­er of a PE teach­er who ab­used a boy whilst he was a pu­pil at the school and main­tained a sexu­al re­la­tion­ship with him long after he left,...
26 November 2019
High Court up­holds FOS de­cision re­ject­ing com­plaint on caus­a­tion grounds
The High Court has dis­missed an ap­plic­a­tion for ju­di­cial re­view of a FOS de­cision where the Om­buds­man re­jec­ted a PPI com­plaint on caus­a­tion grounds. The de­cision high­lights that the FOS may up­hold firms’...
19 November 2019
First share­hold­er class ac­tion in Eng­land & Wales is dis­missed
On 15 Novem­ber, a share­hold­er class ac­tion claim (the first of its kind in the Eng­lish courts) brought by a group of over 5000 Lloyds share­hold­ers (both re­tail and in­sti­tu­tion­al) against Lloyds and five...
01 October 2019
Cli­mate change: fin­an­cial in­sti­tu­tions and their stake­hold­ers - PRA ex­pect­a­tions...
From 15 Oc­to­ber 2019, UK banks and in­surers are ex­pec­ted to have ini­tial plans in place to ad­dress the ex­pect­a­tions set out in the Pruden­tial Reg­u­lat­ory Au­thor­ity's (PRA) Su­per­vis­ory State­ment (SS) 3/19,...