International legal practice Osborne Clarke has advised the management team of Pioneer Underwriting on the sale of four of its underwriting divisions to K2 Insurance Services, the California-based speciality insurance services holding company.
The transaction, which completed on 29 May 2020, will see Pioneer’s ongoing underwriting portfolio, together with its underwriting and support staff, transfer to K2 Insurance Services.
Partner Tim Hewens led the Osborne Clarke team. Tim was supported by Associate Director Pippa Byrne and Associate Alex Littlefield alongside Senior Associate Luolan Dong (Tax) and Associate Lara Flynn (Employment).
Osborne Clarke’s specialist Management Advisory Practice has many years’ of in-depth direct experience of providing pragmatic and commercially focused advice to senior managers. Our dedicated team of management advisory lawyers work side by side with our clients through every aspect of the transaction.