Marcus Gwyer
Partner
London
About Marcus
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Biography
Marcus is a corporate lawyer with a focus on transactional and advisory work in the insurance sector. He has significant experience in advising on major transactions in the insurance sector and acts for both life and non-life clients across a broad range of matters including M&A, Part VII transfers, structured (re)insurance arrangements, pension de-risking transactions, and regulatory advice.
Featured experience:
- Advising Lloyds Banking Group Pension Trustees on two longevity swap transactions covering £5.1bn of liabilities
- Advising Direct Line on the sale of its brokered commercial insurance business to Intact Insurance for £520m
- Advising Pinnacle Insurance Plc on the transfer of its non-life and non-pet general insurance business to EiFlow Insurance Limited in Gibraltar
- Advising Pension Insurance Corporation on two simultaneous buy-in transactions
- Advising Barclays Bank UK Retirement Fund on its £7bn longevity swap transaction with Prudential Financial Inc
- Advising The Prudential Assurance Company Limited on its sale of £12bn of annuity liabilities to Rothesay Life, covering c. 350,000 policyholders
- Advising Sampo and Rand Merchant Investment on the £1.66bn recommended cash offer to acquire Hastings Group
- Advising Allianz on its £1bn retail insurance joint venture with Liverpool Victoria Friendly Society Limited and its subsequent £578m buy-out of Liverpool Victoria Friendly Society Limited's stake
- Advising Athene on a framework buy-in reinsurance agreement with Aviva Life & Pensions UK Limited in respect of £600m liabilities
- Advising Catalina on its acquisition of c. £1.3bn employers’ liability portfolio from Zurich Insurance plc
- Advising Scottish Equitable on its sale of £6.6bn annuity liabilities to Rothesay Life and a further £3bn of annuity liabilities to Legal & General
- Advising Scottish Equitable on the acquisition of Blackrock's UK defined contribution platform and administration business comprising approximately £12bn of assets and 350,000 customers
Endorsements:
“We have put him through a lot over the last year and he has dealt with everything at all times with good humour and diligence in often challenging and time pressured circumstances. Very hard-working and capable lawyer who we are very glad to have on the team”. - Legal 500 UK 2025
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Financial Services
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Insurance
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Mergers and Acquisitions
London
