KPMG in Bermuda
Mike has more than 20 years of corporate restructuring experience in the insurance and reinsurance industry, gained in both the London and Bermuda markets.
His primary focus is the reinsurance industry with particular emphasis on providing advice to companies in run-off or companies with portfolios of business in run-off.
Mike has assisted numerous companies with exit strategy solutions, including the negotiation and purchase of portfolio or whole account reinsurance, implementation and negotiation of commutation and/or policy buy-back programmes, sale of the company, sale of the company’s business through innovation, alternative risk transfer mechanisms and the implementation of a scheme of arrangement to crystallise liability.
He has also managed a number of significant insolvencies in the insurance industry both in London and Bermuda and managed the liquidation, or restructuring, of numerous non-insurance companies and, in doing so, has developed considerable cross-border knowledge and experience.
Member of INSOL and International Association of Insurance Receivers.
Transactions & Restructuring