987t

Larry Fong

Senior Associate
Brisbane
About
Larry is a Senior Associate at DLA Piper in Brisbane, focusing on corporate and commercial matters. Larry advises financial services and insurance clients on all their M&A and regulatory requirements. He previously worked in house at RACQ for nearly eight years, gaining insights he now uses to provide holistic advice to clients.
Areas of FocusCorporateInsuranceFinancial Services
Professional QualificationsSolicitor of the Supreme Court of Queensland
Education
  • The University of Queensland, Bachelor of Economics/Laws, 2018

EXPERIENCE

  • Royal Automobile Club of Queensland (RACQ) on the formation of a strategic alliance with ASX-listed Insurance Australia Group (IAG), including the significant sale of a 90% interest in RACQ's insurance business to IAG for AUD855 million.
  • AUB Group, an ASX 200 listed group comprising insurance brokers and underwriting agencies, on its acquisition of Hello Claims.
  • An Australian life insurer on the formation of their partnership with a new distributor, including negotiating the associated distribution agreement and policy administration agreement, as well as the reinsurance treaty supporting the policies underwritten through the partnership.
  • A national insurance broker on practical solutions to legislative changes, including changes to how and when insurance brokers may receive commissions from insurers.
  • A global insurance broking business on a project to prepare product disclosure statements for their discretionary trust/mutual business targeted at local government clients.
  • An underwriting agency on the sale of a 30% interest in an underwriting agency to a large national insurance broker for aggregate consideration of approximately AUD103 million.

Memberships and Affiliations

  • Law Society of Queensland

Connect

Phone

+61 7 3246 4028
(Work, Brisbane)
+61 405 668 983
(Mobile)

Say Hello —

CallvCardLinkedInPrint