International law firm Clifford Chance has announced that insurance transactional and regulatory partner Francis R. Monaco has joined the firm’s US insurance practice.
Overall, Monaco brings more than 26 years of industry experience towards the role. Throughout his career, he has helped a variety of different re/insurance companies, and other financial institutions across the spectrum of transactional and regulatory matters. This includes, life and non-life mergers and acquisitions, as well as reinsurance and structured finance transactions.
The appointment of Monaco follows on from a period of rapid growth for Clifford Chance’s US insurance team. In September, Dennis Manfredi joined the firm as partner and co-head of the practice with Joseph Cosentino. Insurance regulatory counsel Eugene Benger and several experienced insurance associates also joining throughout 2022 too.
Monaco, who joins from Mayer Brown, commented: “I was drawn to Clifford Chance’s top-tier global insurance platform and the opportunity to work with Dennis, Ashley, Joe and the wider corporate insurance team. I’ve worked across the table from Dennis for many years and have always admired his skills and approach. The opportunity to work with this global team was too good to pass up. I believe my clients will greatly benefit from the Clifford Chance platform.”
Clifford Chance Global Head of Insurance Ashley Prebble, said: “The US is the world’s largest insurance market and as a preeminent global practice we are committed to providing a high-quality offering to both insurance sector and financial investor clients in the US. Frank’s arrival further boosts our recent expansion in the US Insurance space and reflects a commitment to provide a top-tier service on insurance transactional work. We’re delighted to welcome Frank to the team.”
Manfredi added: “Clifford Chance is one of only three law firms with a Chambers Band 1-ranked Global Insurance Practice. Frank’s broad transactional capabilities and extensive regulatory knowledge and his deep experience in the industry advances our already robust practice to another level of sophistication. As the market faces rapidly changing dynamics and ever-increasing scrutiny, we continue to expand our capabilities to help our clients with the unprecedented challenges they’re facing.”
