11 February 2016 Alternative Risk Transfer

Lawyer O'Connell resurfaces at McCarthy Denning

Lawyer Clive O'Connell, a well-known figure in the re/insurance industry, has joined London-based law firm McCarthy Denning.

O'Connell, known for his expertise in insurance, reinsurance, litigation and dispute resolution, left his previous law firm Goldberg Segalla by mutual consent last year after comments he made about rival fans in the aftermath of a football match went viral.

He told Intelligent Insurer that he believes he will thrive in McCarthy Denning, a law firm that is changing the way in which legal services are delivered with is refreshing approach.

“I am delighted to have joined McCarthy Denning, a law firm that is changing the way in which legal services are delivered. It gives me the opportunity to work closely with clients and to provide my expertise and experience in a cost effective and focused way,” O’Connell said.

Warren Wooldridge, the law firm’s CEO, added: “Clive brings unparalleled expertise and reputation in the areas of complex insurance, reinsurance and ILS to the firm which will combine well with our existing practices in the capital markets, corporate law and regulation. He is a great asset and one of a growing number of lawyers who recognises the changing nature of the provision of legal services.”

O’Connell has practised in the area of insurance and reinsurance law since he qualified in 1982.

His experience lies predominantly in the area of dispute resolution, having handled major and complex disputes in litigation, arbitration and mediation in England as well as handing cases in court and arbitration in jurisdictions as diverse as the USA, France, Sweden, Switzerland, Jamaica, Sweden and Hong Kong.

He has advised clients on all aspects of reinsurance and complex risk transfer mechanisms including alternative risk transfer (ART) and insurance linked securities (ILS). Utilising the experience gained in dispute resolution he has worked with clients on the wordings of major reinsurance programmes and on the creation of innovative products and risk solutions.

Clive is also general counsel and on the Board of the International Insurance Society and a non-executive director of Twelve Capital UK, the ILS investment fund manager.

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