Ed Broking is a global wholesale insurance and reinsurance broker with offices in the world’s key regional and global insurance centres. Ed, a top ten Lloyd’s broker, received regulatory approval from the Bermuda Monetary Authority (BMA) to begin operations in Bermuda. Ed Bermuda will provide its full range of multiline broking services, backed by the advanced application of technology through TradEd, its proprietary trading platform. Opening in Bermuda underpins Ed’s commitment to existing and potential clients, particularly in the US, Canada, and the Caribbean, and will form an important component of parent BGC Insurance Group’s global insurance services offering.

Bermuda partner Brad Adderley who acted as legal advisor to Ed said: “The Appleby team congratulates the award-winning Ed Broking team on becoming registered as an insurance broker in Bermuda. It is testament to Bermuda’s insurance and tech friendly environment that the innovative Ed Broking team chose Bermuda as their next base for their global operations. We look forward to continuing to work with the team on many exciting initiatives.” Brad Adderley was assisted by Associate Shannon Cann.

Appleby’s specialist Insurance & Reinsurance team provides advice on the establishment, regulatory compliance and business operations of (re)insurance companies, as well as advising (re)insurance managers and brokers based in international jurisdictions.

They specialise in advising on the establishment, regulatory compliance and business operations of (re)insurance companies, as well as (re)insurance managers and brokers based in international jurisdictions. They advise private and listed companies, including major New York and London finance houses, as well as FTSE 100 and Fortune 500 household names.

Share
Twitter LinkedIn Email Save as PDF
More Deals
15 Oct 2019 | Deals

Appleby Bermuda acted for sellers of Sandell Holdings Ltd.

Appleby was instructed by the shareholders of Sandell Holdings Ltd. in connection with the sale of t...

Contributors: Josephine Noddings
4 Oct 2019 | Deals

Appleby Bermuda advised on Southern Cross NEXT subsea cable project

Appleby advised the Southern Cross Group of Bermuda companies in respect of all aspects of Bermuda l...

Contributors: Andrew Kuzma, Sarita Ebbin
3 Oct 2019 | Deals

Appleby acts in Artex/Horseshoe Transaction

Appleby acted as counsel to the sellers of Horseshoe Insurance Services Holdings Ltd. in connection ...

16 Aug 2019 | Deals

Appleby represented HSBC in a GBP 7 billion longevity swap

Appleby represented HSBC in a £7 billion longevity swap and reinsurance transaction which is the se...

Contributors: Brad Adderley, Shannon Cann
6 Aug 2019 | Deals

Appleby advises China Oil and Gas Group Limited on its issuance of USD 320 million senior notes

Appleby acted as Bermuda and BVI counsel for China Oil and Gas Group Limited (China Oil and Gas) in ...

Contributors: Paul Cheuk, Minnie Choi
29 Jul 2019 | Deals

Appleby assists global crypto investor XBTO on acquiring their Digital Asset Business Licence in Bermuda

Appleby acted as XBTO’s Bermuda counsel on their application for a Digital Asset Business Licence ...

2 Jul 2019 | Deals

Appleby advised Swiss Re in connection with a new catastrophe bond transaction

Matterhorn Re Ltd. is the vehicle which was established and has utilised a special purpose and segre...

29 Jan 2019 | Deals

Appleby Bermuda advised Artex SAC Limited with cat bond transactions

Appleby Bermuda advised Artex SAC Limited in connection with several Dodeka private catastrophe bond...

Contributors: Laura Burns, Sarita Ebbin