Gerry Quirk
Gerry Quirk
Gerry Quirk
Biography
Gerry is a Partner in the Corporate Insurance team in London. She has more than 25 years' experience in providing regulatory, transactional and restructuring advice to clients in the insurance market, including non-life and life insurers and reinsurers, brokers and intermediaries, and legacy entities.
She advises on acquisitions, disposals and restructurings, including the using transfer schemes, cross border mergers, reinsurance and schemes of arrangement; as well as on all aspects of the UK regulatory regime.
Gerry has extensive experience advising on business transfers under Part VII of FSMA, both within the UK and on a cross-border basis. She advised on the first transfer out of Lloyd's, and the first transfer for a Gibraltar insurer and is widely recognized as an acknowledged market leader. Her clients include many of the leading insurers in the UK and internationally, as well as and almost all of the major players in the legacy sector.
Having been elected by a group of her peers, she won the IRLA Services to Legacy Business Award in 2019, which recognizes exceptional service to the insurance legacy/discontinued business sector. Gerry is one of only two private practice lawyers to have ever won this award and is the first woman to have be been recognized in its 20-year history.
Client & Market Testimonials
- "Geraldine Quirk is the go-to person for portfolio transfers." (Chambers and Partners 2026)
- "Gerry is my all-time favourite lawyer to work with. She is very bright and knowledgeable, but also great fun and brilliant company." (Chambers and Partners 2026)
- "Gerry is an expert in corporate insurance matters and she can be relied upon to deliver top-class client service." (Chambers and Partners 2026)
- "Gerry Quirk displays an excellent knowledge of insurance and the regulatory environment." (Legal 500 2025)
- "Geraldine is always very good. She handles a lot of Part VII work." (Chambers and Partners 2024)
Nominations & Accolades
- Chambers & Partners UK, Insurance: non contentious, 2007-Present
- Legal 500 UK, Hall of Fame - Insurance: corporate and regulatory, 2014-Present
- Legal 500 UK, Leading Individual - Insurance: corporate and regulatory, 2007-2014
Admissions
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England and Wales
Related Capabilities
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M&A & Corporate Finance
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Insurance & Reinsurance
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Fintech
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Corporate
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Finance
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Payment Systems
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Financial Institutions
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Insurance: Corporate & Transactional
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InsureTech
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Insurance (Class Actions)
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Insurance Regulatory
Experience
- A Bermudan reinsurer on a quota share reinsurance of a Lloyd’s syndicate.
- DARAG on the loss portfolio transfer reinsurance of commercial policies underwritten by Soteria Insurance Limited and subsequent transfer under Part VII of FSMA.
- Enstar on an intragroup transfers of business from two group insurers into River Thames Insurance Company Limited.
- An EU insurer on withdrawing from the UK market and closing its UK branch.
- The Scheme Administrators of OIC Run-Off Limited and The London and Overseas Insurance Company Limited on insurance and guarantee arrangements providing risk mitigation for a proposed early final dividend offer.
- Interpath on a closing scheme of arrangement for English & American Insurance Company Limited.
- EIFLOW Insurance Limited ion a transfer under Part VII of insurance business from Pinnacle Insurance PLC.
- DARAG Deutschland AG on a transfer under Part VII of FSMA of business from China Taiping Insurance (UK) Co Ltd and associated reinsurance arrangements.
- CVC on its strategic partnership with Dale Underwriting Partners.
- A Bermudan legacy reinsurer on the loss portfolio transfer reinsurance of a German insurer.
- RiverStone International on loss portfolio transfer reinsurance transactions with affiliates of AXIS Capital.
- Stonebridge International Insurance Limited on the transfer of its Spanish and German business to a Maltese PCC.
- Embignell on its acquisition of Stonebridge International Insurance Limited.
- A large UK insurer on its intragroup reinsurance arrangements.
- A number of EU insurers on setting up a branch in the UK and on rules governing non-admitted insurance in the UK.
- CVC on the acquisition by CVC funds of RiverStone Europe from Fairfax Financial Holdings.
- Apollo Underwriting on a proposed split RITC.
- AXA Insurance UK, on the disposal of a significant portfolio of legacy EL and PL liabilities to RiverStone Insurance UK.
- QBE and Reliance National on the Part VII transfer of QBE’s Italian and Spanish med mal business.
- R&Q Insurance Holdings on the formation of two SEs by merger and their redomiciliation to Malta.
- A number of EU and UK insurers on Brexit contingency planning.
- A number of insurers on the SMCR.
- Multiple transfers of insurance business including for AXA Insurance UK, Swiss Re, QBE, 18 entities in the RSA Group, 14 entities in the Enstar group, SCOR UK, R&Q Gamma, United Mutual Steam Ship Assurance Association, Sompo Japan, Global General & Reinsurance, HDI Gerling, General Reinsurance UK, CNA, CX Re and KX Re, Chevanstell, Provident Insurance PLC, Gateway Insurance Company Limited, MMA Insurance PLC, Fuji International Insurance Company, International Insurance Company of Hannover, AIG Europe Limited, City General, Aviation & General.
Resources
Publications
- Contributing Author, Financial Regulation: Emerging Themes in 2020 – an extensive collection of articles around the themes of supervision, governance, financial crime and investigations and digital
- Contributing Author, Lexis Nexis, Insolvency of Insurers
- Contributing Author, Lexis Nexis, Insurance Business Transfer Schemes
- Contributing Author, Lexis Nexis, Insurers (Reorganisation and Winding-Up) Regulations
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