Carey Olsen guides Strategic Risk Solutions in acquisition of Robus Group
Carey Olsen, acting as principal counsel, facilitates SRS's acquisition of Robus Group, ensuring strategic growth
Leading legal firm Carey Olsen has played a pivotal role in advising Strategic Risk Solutions (SRS), the world's largest independent insurance company manager, on its acquisition of Robus Group from The Ardonagh Group.
Robus Group, with bases in Guernsey and Gibraltar, specializes in providing professional management services to a diverse clientele, including captive insurers, open market insurers, reinsurers, insurance intermediaries, MGAs, ILS fund managers, and other corporate entities. The company assists clients in realizing their risk management and strategic business objectives.
The acquisition marks a significant milestone for SRS, facilitating its ongoing expansion into new domiciles and supporting the exploration of innovative solutions to address evolving challenges in the realms of insurance and risk management.
Carey Olsen's corporate team, led by partner Chris Anderson, played a crucial role as principal counsel, providing expertise on the Guernsey aspects of the transaction. The team included senior associate Arya Hashemi, along with associates Tabitha Lepp, Lisa Bailey, and Jennifer Mills.
Chris Anderson expressed the firm's satisfaction, stating, "We are delighted to have advised SRS on this transaction, enabling them to continue their growth strategy, and we look forward to supporting SRS in achieving a successful completion." This acquisition underscores Carey Olsen's commitment to facilitating strategic business initiatives in the ever-evolving landscape of the insurance industry.