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 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 […]
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 […]
Clyde & Co has been replaced by Warburtons as the bakery’s primary provider of employee personal injury and motor injury claims.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 […]
Of the 191 law firm tie-ups in the UK last year, Clyde & Co’s takeover of the ailing BLM was the biggest. This deal was destined to be given the pricing pressures applied to the defendant insurance market by major clients in recent years. Clydes’ aim, at least in the UK, was to cement long-lasting […]
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.
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 […]
With the spotlight on HSF over its Post Office work, new disputes head Lewis has a lot on his plate.
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 […]
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. […]
Howden Group Holdings has hired a new general counsel responsible for Europe. Martin Schneider has joined Howden from Ardonagh Group, an independent broker based in London, where he was senior group legal counsel for two years. Prior to that, he had been group legal counsel for two and a half years. Trained at Norton Rose […]
DAC Beachcroft is reconsidering the sale of its Claims Solutions Group (CSG) following the news the firm was in talks with a private equity fund. The firm was in negotiations with London-based Limerston Capital in April over buying the CSG following a strategic review. However, a firm spokesperson has now said: “Following a strategic review […]