Gerry has 25 years' experience in providing regulatory and restructuring advice to clients in the insurance market, including non-life and life insurers and reinsurers, brokers and intermediaries, and legacy entities. Gerry has extensive experience advising on business transfers under Part VII of FSMA in all sectors of the industry both within the UK and on a cross border basis. She has advised on more than 20 Part VII transfers (including reinsurance arrangements entered into prior to the transfer), involving around 45 insurers, including the first transfer out of Lloyd's, and the first transfer for a Gibraltar insurer. Her clients include many of the leading insurers in the UK and internationally and almost all of the major players in the legacy sector.

Representative Experience

Gerry recently advised:

  • Covea Group in relation to the transfer of the insurance business of Sterling Insurance Company Limited to Covea Insurance Plc.
  • R&Q Insurance Malta on Part VII transfers from Chevanstell Limited, Principle Insurance Company Limited and Liverpool & London Protection & Indemnity Association Limited.
  • Covea Group on the transfer of the insurance business of Provident Insurance Company Limited and Gateway Insurance Company Limited to Covea Insurance Plc.
  • Enstar on Part VII transfers from 7 group entities into another group entity.
  • AIG on the transfer of insurance business by Fuji International Insurance Company Limited and International Insurance Company of Hanover Plc to AIG Europe Limited.
  • Swiss Re on the  transfer of insurance business by Zurich Specialties London Limited to Swiss Re International.
  • Various insurers on the implementation of the Senior Insurance Managers Regime.
  • Various insurers on the application of group supervision under Solvency II.