If you have a challenge or opportunity, our Insurance Restructuring team are here to help you navigate what's next.
The Insurance Restructuring team consists of restructuring and insolvency professionals with significant experience of managing complex insurance insolvencies and providing exit solutions to Interpath’s insurance sector clients. We are the market-leading adviser to the insurance run-off market - as a team we have led more sell-side M&A deals for the disposal of run-off liabilities than any other adviser and are increasingly supporting the acquirers of run-off to restructure and grow their businesses. As well as managing complex insurance restructurings, our team provides the following services:
- Supporting large insurance groups with the transition into run-off and/or set-up of dedicated run-off teams
- Supporting sellers of portfolios with the identification and preparation of portfolios for sale and managing disposal process
- Supporting acquirers of portfolios with DD throughout the deal process
- Advice to large corporates on alternative risk transfer strategies
- Providing financial, regulatory and operational restructuring advice to acquirers and supporting group simplification
- Designing and executing cost reduction and performance improvement programmes for acquirers
- Supporting new investors into the run-off insurance sector
Michael leads Interpath’s insurance team and has 20+ years of restructuring experience focused on the insurance market. Michael advises clients on run-off transition, early exits, contingency planning, Part VII transfers and Schemes of Arrangement. He has led numerous complex formal insolvencies predominately in the insurance and financial services sector and across a number of international jurisdictions.
Darryl is a Director within our Insurance Restructuring team in London. Darryl has been extensively involved in the run-off and closure of insolvent insurers, including English & American Insurance Company Limited, Sovereign Marine and General Insurance Company Limited, National Employers’ Mutual General Insurance Association Limited and British-American Insurance Company. He has also dealt with the insolvencies of insurance brokers, including FirstCity and Park London.
Emily has over 10 years’ restructuring experience with a principal focus on the provision of run-off and exit strategy advice to large insurance and reinsurance groups. Emily’s recent experience includes managing the closure plan of a large Caribbean insurer across multiple jurisdictions, advising large insurance groups on the sale of their legacy portfolios and advising various clients on Part VII transfers and Schemes of Arrangement.
David is an accountant with 30 years of insolvency and restructuring experience. In recent years David has been responsible for the management of the winding up of a large insurance group and has advised clients on the sale of legacy portfolios. He spent 18 months on secondment at the UK Financial Regulator and has particular expertise in the management of insolvent insurance companies and advising clients on the development of solvent Schemes of Arrangement.
Fabrizio is a chartered accountant who has specialised in insolvency and restructuring for over 15 years, with a specific focus on the general insurance industry. Fabrizio’s recent experience includes advising large insurers on the disposal of their legacy business, their Brexit re-organisations, including Part VII transfers and the ongoing insolvency of English & American Insurance.
John has over thirty years’ experience in insolvency and restructuring with a specific focus on the general insurance industry. John has been involved in the run-off and closure of insolvent insurers, including English & American Insurance Company Limited, Sovereign Marine and General Insurance Company Limited and Belvedere Insurance Company Ltd. He has also been involved in a number of Solvent Schemes of Arrangement and has worked on large non-insurance insolvencies such as MF Global. Although primarily based in London, he spent four years working in Bermuda.