Reinsurance News

Gary Harris re-joins Appleby’s Bermuda Office

28th October 2022 - Author: Kane Wells -

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Appleby expands its corporate practice with the announcement that partner Gary Harris is re-joining its Bermuda office.

Harris joins Appleby from Fortitude Re, where he has been Head of Legal and Compliance in Bermuda for close to three years.

His first tenure at Appleby began in 2014, where he advised commercial insurers, special purpose vehicles, InsurTech companies, segregated account companies, captives, banks, and investment firms.

Appleby notes that his practice includes sales and acquisitions of reinsurance companies and portfolios of reinsurance business, including legacy/runoff transactions.

He has also worked on a wide range of multi-jurisdictional and multiline transactions, and has advised corporate and institutional clients on the establishment of, or participation in, a variety of reinsurance and investment products, public and private M&A, IPOs and private placings, note issuances, and complex syndicated loan arrangements.

Brad Adderley, Bermuda Managing Partner, commented, “We are extremely pleased to welcome Gary back to our market-leading insurance team as a key member of the corporate practice group. Gary brings a wealth of experience having worked on both the law firm and client side and not only understands the complexities of the reinsurance sector, but has the expertise and enthusiasm to go beyond the expected and consistently find solutions for clients.

“Gary’s commerciality further enhances our already very strong corporate practice. We have an awesome team and I am thrilled to have Gary back where his career in Bermuda began.”

Harris holds an LLB (Hons) degree from the University of Liverpool and obtained two master’s degrees from the University of Cambridge and UCL in International Business Law. He is a member of the Honourable Society of the Inner Temple and the Bermuda Bar Association and is a non-practicing member of both the Bar Council for England and Wales and the Jamaican Bar Association.

He has been recognised by Legal 500 as a ‘Next Generation Partner’ in the Insurance/Reinsurance category and was recommended in the Banking, Finance, and Capital Markets category. He was also recognised in the Bermuda Re+ILS ‘Rising Stars’ Next Generation of Leaders 2017 issue, which featured leading professionals in the reinsurance industry under the age of 35.

Harris added, “Appleby has always had a stellar insurance team, which has only grown in the breadth and depth of its offering since I was previously with the firm. I am excited to re-join Appleby’s talented team in Bermuda and help our corporate clients achieve their strategic, corporate, and regulatory objectives.

“I am immensely grateful for the opportunity to have worked at as great a company as Fortitude Re over the past 3 years. I believe that my expanded legal, compliance, and regulatory knowledge, coupled with my gained client perspective, will add value to an already top-notch Appleby team and their ever-growing client roster.”