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Conyers advised SiriusPoint Bermuda Insurance Company Ltd. on their investment into the establishment of Banyan Risk Capital Ltd. SiriusPoint has partnered with Tim Usher-Jones and co-founder Peter Horrobin on a new managing general agent that will underwrite directors & officers business called Banyan Risk Capital Ltd. SiriusPoint Bermuda Insurance Company Ltd. will own a minority stake in Banyan Risk Capital Ltd. and will provide insurance paper and capacity to it.
Directors Chiara Nannini and Jacqueline King of Conyers’ Bermuda worked alongside Morgan, Lewis & Bockius LLP on the matter.