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Andrew Mulligan

Associate
London
About

Andrew Mulligan has a broad practice advising clients in the highly regulated insurance sector on regulatory, commercial and corporate transactional matters.

He regularly advises insurers, intermediaries, Lloyd’s market participants and insurtechs on a broad range of issues, including regulatory perimeter issues, licensing and authorisation, product regulation requirements, governance and risk management, corporate structuring, and commercial agreements. His work regularly involves multi-jurisdictional and cross-border matters.

Andrew has worked at several regulatory authorities, including at the Australian financial services regulator, ASIC, in both legal and regulatory enforcement roles.

Areas of FocusInsurance
Professional QualificationsSolicitor of the Supreme Court of New South Wales

EXPERIENCE

  • Advising a broad range of multinational insurers and intermediaries on regulatory licensing and authorisation regimes across the UK and Australia, including exemptions for non-admitted insurers and on setting up operations in both jurisdictions.
  • Advising Lloyd's and London-market participants on UK regulatory obligations, including in respect of retail business within scope of the Consumer Duty.
  • Advising on the insurance regulatory aspects of corporate transactions, including in respect of change in control and applications for approved senior manager functions.
  • Advising a Lloyd's Managing Agent on its commercial arrangements with third-party administrators.
  • Advising one of the largest Australian insurance companies on an intra-group transfer and re-branding, with particular focus on the transfer of its insurance books pursuant to a Court-approved portfolio transfer under Part 3 Division 3A of the Insurance Act 1973 (Cth).
  • Advising one of the world's largest private equity funds on the Australian regulatory aspects and foreign investment approval applications for a $3bn capital raise and $500m strategic investment into a global run-off life insurance conglomerate.
Languages
  • English
  • German
Education
  • University of New South Wales (Australia), LLB / BEc, 2019
  • College of Law (Sydney), Graduate Diploma of Legal Practice

Prior Experience

  • 2022 to 2023, Associate at a Sydney-based international law firm in the Corporate Insurance and Regulatory practice.
  • 2022, Lawyer at Australian anti-money laundering and counter-terrorism financing regulator.
  • 2020 to 2022, trained and promoted to Lawyer at an Australian financial services regulator.
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Phone

+44 (0) 20 7153 7278
(Work, London)
+44 (0) 782 5297 524
(Mobile)