Timothy Faries is the Bermuda Office Managing Partner and has overall responsibility for managing the operations of Appleby’s Bermuda office. He is also the Bermuda Group Head of the Corporate department and the Insurance and Reinsurance global sector leader.
Tim leads a team of lawyers who specialise in all manner of non-contentious corporate insurance work, including life and general insurance and reinsurance, mutual insurance and structured risk financing. Tim has extensive experience of public and private insurance company capital raising and M&A activity, public listings on US, UK and European securities exchanges, the establishment and licencing of alternative risk financing vehicles such as cat bonds, ILWs and other insurance-linked securities and captive insurance companies in established and emerging markets.
Tim is recognised as an ‘Eminent Practitioner’ in Insurance by Chambers Global 2018 and clients say he is "diligent and hard-working". The Bermuda Insurance team is also top-ranked in Band 1 by both Chambers Global and Legal 500 Caribbean. Clients regard the insurance department as a "high-calibre team who build strong and lasting relationships with their clients", according to Chambers.
Tim has been consistently ranked by Chambers Global since 2011 and ranked as a ´Leader in his Field´ in Corporate. Clients praise Tim’s "good commercial judgement" and say about the corporate team: “I find them incredibly responsive, commercial and business-thoughtful.” Tim is also consistently recommended by Legal 500 Caribbean and recognised as a ‘Leading Individual’ in both their Insurance/Reinsurance and Corporate and Commercial rankings. Tim is further recognised as a ´Leading Lawyer´ in IFLR1000’s Banking and Capital Markets category,where clients say Tim is “excellent, and frankly he really is my go-to guy there for anything that’s complicated. He’s got a good style to him, he’s very pragmatic, very responsive, and I’ve been very happy with him.”
Tim was recognised by Captive Review in its 2013 Power 50 list, where he was described as “…a respected attorney well-versed in the establishment and licensing of all alternative risk financing vehicles in Bermuda." Tim speaks at insurance industry conferences both in Bermuda and abroad, is a frequent author of articles and other thought pieces, and provides commentary to international and Bermuda media on the Bermuda insurance industry.
Tim speaks at insurance industry conferences both in Bermuda and abroad, is a frequent author of articles and other thought pieces, and provides commentary to international and Bermuda media on the Bermuda insurance industry.
Recent examples include:
“Excellent, and frankly he really is my go-to guy there for anything that’s complicated. He’s got a good style to him, he’s very pragmatic, very responsive, and I’ve been very happy with him.”