Tim Faries *Photo supplied
Tim Faries *Photo supplied
Appleby announced today that it has been named ‘Bermuda Market Leader’ in the 2013 Legal Elite Survey published by Intelligent Insurer, which aims to uncover leading law firms and lawyers in the insurance and reinsurance space.

The Legal Elite rankings reflect continued praise for Appleby’s Bermuda Insurance team, led by Global Insurance Head and Bermuda Corporate & Commercial Head Timothy Faries, which specialise in advising on the establishment, regulatory compliance and business operations of insurance and reinsurance companies, as well as insurance managers and brokers based in offshore jurisdictions.

As the largest Insurance legal team in Bermuda with six Partners - four focusing on Insurance and two on Insurance & Reinsurance Dispute Resolution - they are also rated number one in Bermuda by Chambers Global, a guide offering worldwide coverage identifying and ranking the world’s best lawyers and law firms.

Mr. Faries commented: “We are pleased to continue to be recognised as ‘Bermuda Market Leader’ in Intelligent Insurer’s Legal Elite Survey as the results come from those directly involved in our work – our clients -- such as in-house counsel at insurers and reinsurers, brokers and reputable lawyers who work within the industry. We feel even more satisfied that the findings are backed by Intelligent Insurer’s own research.

He added: “It’s a testament to the work we pride ourselves in delivering to our clients, which is maintaining the highest possible levels of our professional reputation and a first-class level of service.”

In addition, the Legal Elite Survey recognised Appleby’s insurance and reinsurance dispute resolution team, led by Partner John Wasty in Bermuda, as having been involved in a number of high profile disputes over the years with experience across a number of jurisdictions.

Bermuda Managing Partner and Bermuda Practice Group Head for the Litigation & Insolvency department Kiernan Bell said: “It is extremely gratifying to know that the insurance and reinsurance industry in general and our clients respect the level of our work and service to them, so we are proud to be acknowledged again in this year’s Legal Elite Survey. It is commendable for Appleby’s Insurance team as a whole and I’m thrilled that our Dispute Resolution team has been highlighted as well for their acumen in this specialised field.”