Scott, Tim

Tim Scott

Counsel

tim.scott@lw.com
    Scott, Tim

    Tim Scott

    Counsel

    tim.scott@lw.com
    "Unique skill set, having spent several years at the UK PRA. His knowledge both on insurance resolution and asset structuring has been helpful to us."

    Legal 500 UK 2026

    "Extensive expertise on document drafting and negotiation ... invaluable throughout the entire acquisition process and thereafter."

    Legal 500 UK 2026

    "Exceptionally able commercial and regulatory lawyer and a very hard-working and personable individual who understands a client's business and provides clear technical and commercial advice."

    Legal 500 UK 2026

    Profile

    Tim Scott is a counsel in Latham’s London office, specializing in corporate and transactional work in the insurance sector. With over 20 years’ experience in the insurance sector, Tim has played a leading role in shaping the insurance regulatory landscape in the UK.

    Prior to joining Latham, Tim was a Senior Legal Counsel at the Bank of England / PRA for over a decade, where he had a leading role in Solvency II and insurer resolution. There he gained insight into the approach taken by the regulator when determining key applications during that period, particularly in relation to restructured matching adjustment assets and group consolidation issues.

    • Insurance sector mergers & acquisitions
    • Reinsurance and collateral arrangements
    • Asset structuring for prudential purposes under Solvency II and other regimes
    • Insurer insolvency and resolution
    • Corporate reorganizations

    Experience

    Tim’s experience includes advising:

    • Onex Corporation on its US$7 billion acquisition of Convex, alongside AIG
    • CVC on the sale of Domestic & General to Asurion
    • DB Insurance on its US$1.65 billion acquisition of The Fortegra Group, Inc.
    • Blackstone Credit & Insurance in a partnership with AmTrust Financial Services, in the spinoff of certain of AmTrust’s Managing General Agencies into a new, independent company valued at over US$1.1 billion
    • CVC on the sale of its 90.01% stake in Ethniki Insurance, a major composite insurer in the Greek market, to Piraeus Bank
    • Onex Partners on its acquisition of Accredited Insurance, a hybrid fronting insurer operating across the US, EU and UK, from the joint provisional liquidators of R&Q (Bermuda), and simultaneous LPT/ADC reinsurance arrangements with Enstar
    • A major structured finance creditor, on the insolvency of FWU Life Insurance Luxembourg
    • Underwriters on the IPO of Aspen Insurance
    • Various Bermuda reinsurers owned by private capital firms, on life reinsurance blocks from cedents in the US, EU and Asia
    • A private capital firm on asset structuring solutions for affiliated Bermuda reinsurers
    • A family office on its sidecar investments
    • A hedge fund in relation to various sidecar and ILS-fund investments
    • Zimmer Financial Services Group on the sale of its specialty legacy insurance provider, Carrick Specialty Holding
    • Insurers on multiple deals involving unfunded credit protection to support funded investors in bank SRT issuances
    • A private asset manager in relation to asset structuring for Solvency II firms as investors
    • FIS Global on the non-US carve-out of Worldpay (as part of its majority stake sale to GTCR)
    • Prudential plc (now M&G plc), then one of the two UK G-SIIs, on its recovery and resolution planning*
    • Royal London on the issuance of £400 million fixed rate reset callable guaranteed subordinated notes*
    • Societe Generale on various proposed value in force (or VIF) securitization transactions*
    • Credit Suisse on the first longevity swap from a defined-benefits pension scheme (Babcock)*
    • AXA on the creation of the UK’s second-ever ISPV, and associated reinsurance arrangements*
    • Legal & General on the creation of the UK’s first-ever ISPV, and associated reinsurance arrangements*

    *Matters handled prior to joining Latham

    Qualifications

    Bar Qualification

    • England and Wales (Solicitor)

    Education

    • LLM, University College London, 2012
    • BCom, Griffith University, 2002
    • LLB, Griffith University, 2002

    Practices

    Industries

    News & Insights

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