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Nigel Brook

Partner

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Nigel Brook

Nigel Brook

Partner

Full Profile

Nigel's practice area's include:

  • Handling international insurance and reinsurance disputes
  • Drafting and advising on insurance and reinsurance wordings, including parametric and transactional contracts
  • Advising on global insurance programmes covering multinationals (including regulatory aspects, financial interest cover, and arrangements with captives)
  • Advising on cyber insurance issues
  • Advising on economic and trade sanctions and their impact on (re)insurers and brokers

Nigel is highly rated in various legal guides including Chambers (Band 1, "He stands out for his work in the reinsurance market") and Legal 500 ("Nigel Brook heads the firm’s highly regarded reinsurance team"). Euromoney's "Best of the Best" Expert Guide ranks him among the top 30 insurance lawyers worldwide.

He leads the firm's global campaign on Resilience and Climate Change Risk, building a body of know-how and raising awareness of climate-related legal duties and potential liabilities. He is a member of the Law, Regulation and Resilience Policies Working Group of the Insurance Development Forum – a public/private partnership seeking to optimise and extend the use of insurance and the industry's risk management capabilities to protect those most vulnerable to disasters. He co-authored the firm's 2018 Reports on Parametric Insurance and Inclusive Insurance – exploring the role of innovative risk transfer in closing the global protection gap – and has authored and edited Clyde & Co's 2018/19 series of reports on the rising tide of Climate Change liability and duties of care.

Nigel has extensive knowledge of emerging technologies and has been active in the field of smart contracts, distributed ledger technology including blockchain, the Internet of Things and related technology since 2015. He often speaks and chairs insurance and other industry panels on tech-related topics, and regularly discusses developments with innovators at insurance companies. He is now seen by the firm's insurance and other clients, as well as legal and technical departments in academia, as a leader in this area. He is focused on the impact that technology has on both the risk landscape and the insurance industry itself; the opportunities for innovative insurers to prosper; and the legal and regulatory issues that arise along the way. Nigel is a co-founder of Clyde Code, our smart contracts consultancy.

Experience
  • Advising on reinsurance issues arising from the 2011 Tohoku earthquake and tsunami
  • Handling reinsurance disputes stemming from the September 11 terrorist attacks
  • Handling various disputes relating to fronting reinsurance
  • Advising Swiss Re on reinsurance and retrocession aspects of its acquisition of the business of Zurich Specialties London Limited, a transaction relating to gross assets and liabilities of USD 950 million
  • Revising insurance and reinsurance wordings for a number of major London Market insurance companies and syndicates
  • Working with colleagues in the firm's New York office on Bermuda Form arbitrations
  • Advising several major insurers on the structuring of their global programmes for multinationals
  • Advising a global insurer's European legal team on their sanctions policy and guidelines
  • Working with colleagues in the firm's Shanghai office on a disputed reinsurance claim and various regulatory issues faced by European reinsurers

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Expertise

Nigel heads the firm's reinsurance team and leads the firm's global campaign on Resilience and Climate Change Risk, building a body of know-how and raising awareness of climate-related legal duties and potential liabilities.

Offices & Regions covered