Insurance Finance

In today’s increasingly complex and highly regulated financial markets, providing finance and giving security within the insurance sector continues to be challenging.

Our dedicated banking and finance practice can advise borrowers and lenders on the issues that surround the re/insurance industry

In today's increasingly complex financial markets, our dedicated banking and finance practice is well placed to advise both borrowers and lenders on the issues that surround the re/insurance industry. Undertaking a measure of due diligence, and then understanding the impact of the proposed financing and strength of the security to be given or obtained, is vital to a successful lending. Clyde & Co has a unique perspective on this and is therefore able to ensure that the expectations of both lenders and borrowers are met.

Our client base extends across the financial and insurance sector including banks, building societies, finance boutiques, insurance brokers, insurers, underwriting agents, capital providers, export credit agencies and asset managers.

Our banking and finance team has already amassed considerable experience of providing advice to large and complex organisations but we also have several distinctive features which together set us apart in our legal offering. These include our specialist knowledge of Lloyd’s, the PRA and FCA and the regulatory framework that the UK insurance industry operates in and how this impacts on banking and finance transactions within the industry and our specialist experience of the structural and regulatory aspects of the Islamic insurance sector (Takaful), including in relation to issues of Shari’a compliance.

Our wide ranging expertise includes the following areas:

  • FAL Letters of Credits into Lloyd's
  • Leveraged/acquisition finance
  • Debt restructuring and insurance related work outs
  • Asset backed finance
  • Emerging markets and structured financing
  • Islamic finance
  • General corporate lending
  • Regulatory capital instruments

We place as much emphasis on practical experience as on our legal know-how. Our strengths lie in our determination to get to know our client's insurance business from the bottom up, our commitment to providing maximum efficiency at competitive prices and our truly seamless and global service.

Our Insurance Finance Work

  • All
  • UK & Europe
  • Aircraft Charter Agreements

    Advising numerous operators regarding aircraft charter, wet lease and dry lease agreements

    United Kingdom

    Airport operator issues

    Acting for a London airport operator regarding slots, ground handling issues and charging regulations

    United Kingdom

    Airport Operators

    Advising airport operators regarding slots, airport charges, groundhandling, liability and international standards, emergency planning;

    United Kingdom

    Airworthiness and Type Design

    Advice regarding airworthiness and type design compliance demonstration and certification for civil and military platforms

    United Kingdom

    EU External Aviation Relations

    Advising various airlines, investors and the European Commission regarding EU external relations, horizontal agreements, open skies agreements and bilateral air services agreements; Advising a non-EU airline and its government in its negotiations with the European Commission on an EU horizontal agreement

    United Kingdom

    Flybe Slots Sale

    Advising on more than 50 slot sales, purchases and other transactions, including acting for Flybe in the sale of its slot portfolio at Gatwick to easyJet, and acting for British Airways in the landmark High Court case which confirmed that slots may be traded.

    United Kingdom

    Hazardous Goods

    Advising stakeholders on the carriage of hazardous goods by air and land; advising carrier regarding handling of mercury spillage

    United Kingdom

    Regulatory Advice

    Advising numerous airlines and other stakeholders on aviation regulatory issues including EU nationality of ownership and control rules,  EU ETS, air passenger rights (including under Regulation (EC) 261/2004), ATOL and package travel rules, Air Passenger Duty, passengers with reduced mobility, the carriage on unaccompanied minors, airline licencing and operating permits, security and counter-terrorism for civil aviation. Advising on web based selling and price transparency rules.

    United Kingdom

    Unmanned Aircraft Systems

    Advising UAS operator regarding access to airspace, airworthiness and radio spectrum usage; advising European Commission on liability and insurance aspects of a UAS study

    United Kingdom
  • Aircraft Charter Agreements

    Advising numerous operators regarding aircraft charter, wet lease and dry lease agreements

    United Kingdom

    Airport operator issues

    Acting for a London airport operator regarding slots, ground handling issues and charging regulations

    United Kingdom

    Airport Operators

    Advising airport operators regarding slots, airport charges, groundhandling, liability and international standards, emergency planning;

    United Kingdom

    Airworthiness and Type Design

    Advice regarding airworthiness and type design compliance demonstration and certification for civil and military platforms

    United Kingdom

    EU External Aviation Relations

    Advising various airlines, investors and the European Commission regarding EU external relations, horizontal agreements, open skies agreements and bilateral air services agreements; Advising a non-EU airline and its government in its negotiations with the European Commission on an EU horizontal agreement

    United Kingdom

    Flybe Slots Sale

    Advising on more than 50 slot sales, purchases and other transactions, including acting for Flybe in the sale of its slot portfolio at Gatwick to easyJet, and acting for British Airways in the landmark High Court case which confirmed that slots may be traded.

    United Kingdom

    Hazardous Goods

    Advising stakeholders on the carriage of hazardous goods by air and land; advising carrier regarding handling of mercury spillage

    United Kingdom

    Regulatory Advice

    Advising numerous airlines and other stakeholders on aviation regulatory issues including EU nationality of ownership and control rules,  EU ETS, air passenger rights (including under Regulation (EC) 261/2004), ATOL and package travel rules, Air Passenger Duty, passengers with reduced mobility, the carriage on unaccompanied minors, airline licencing and operating permits, security and counter-terrorism for civil aviation. Advising on web based selling and price transparency rules.

    United Kingdom

    Unmanned Aircraft Systems

    Advising UAS operator regarding access to airspace, airworthiness and radio spectrum usage; advising European Commission on liability and insurance aspects of a UAS study

    United Kingdom

Key Contacts

Chris Lenton
Chris Lenton

Partner

Matthew Weedon
Matthew Weedon

Consultant

Ivor Edwards
Ivor Edwards

Partner

Peter Hodgins
Peter Hodgins

Partner