Barbican Insurance Group’s Sale to Arch Capital Group Ltd.

Slaughter and May acted for the management sellers (David Reeves, Jon Godfray and Mark Harrington) on the sale by Carlson Capital and management of the Barbican Insurance Group to Arch Reinsurance Ltd.

Barbican Insurance began as a Lloyd’s Syndicate in 2007 and underwrites various lines of business including energy, aviation and transport insurance as well as specialty lines such as cyber, international and US casualty treaty and healthcare. The group underwrites complex and bespoke risks predominantly through its syndicates at Lloyd’s, but also has a non-Lloyd’s financial solutions business which offers insurance and reinsurance to the global market.

Arch Capital Group Ltd. is a Bermuda-based public limited liability company which writes insurance, reinsurance and mortgage insurance on a worldwide basis, with a focus on specialty lines, the segment of the insurance industry where the more difficult and unusual risks are written.

The Slaughter and May team included: Robert Chaplin (Picture), Ed Steward (associate), Max Schofield (associate), Rebecca Bennane (trainee), Adam van Schaik (trainee); Dominic Robertson (partner), Sarah Osprey (associate); Sandeep Maudgil (partner), Katie Lewis (associate).

Involved fees earner: Robert Chaplin – Slaughter and May; Katie Lewis – Slaughter and May; Sandeep Maudgil – Slaughter and May; Sarah Osprey – Slaughter and May; Dominic Robertson – Slaughter and May; Max Schofield – Slaughter and May; Edward Steward – Slaughter and May;

Law Firms: Slaughter and May;

Clients: David Reeves; Jon Godfray ; Mark Harrington;