Fenchurch Law continues global expansion plans with opening of new Istanbul office
Fenchurch Law, the leading international law firm for insurance policyholders and brokers, has expanded its specialist legal support to the wider Turkic region from its new hub in Istanbul.
Istanbul is an established (re)insurance hub, with particular expertise in Energy and Construction. The new Fenchurch Law office, serving territories across the Turkic and Balkan regions, will provide much needed legal support for policyholders and brokers.
The office is led by renowned Turkish-qualified lawyer, Çağlar Kaçar, who built his expertise during his tenure as an in-house lawyer at Marsh. He brings extensive experience in the insurance and reinsurance sector, having focused on supporting brokers and representing policyholders throughout his career before founding his own practice. His practice is uniquely positioned as a pro-policyholder firm, and his leadership combines sector knowledge, regulatory expertise, and strong broker relationships.
The opening of the Istanbul office comes a year after the launch of Fenchurch Law’s offices in Singapore and Denmark, and five months after forming a partnership with US law firm Saxe Doernberger & Vita, P,C. Fenchurch Law’s Istanbul office marks an important further milestone in the firm’s ongoing global expansion strategy.
Senior Partner at Fenchurch Law, David Pryce, commented: “As one of the major global insurance hubs, Istanbul is a natural new location for Fenchurch Law’s expansion, continuing our growth phase to level the playing field between policyholders and their insurers across the globe. Istanbul’s role in the Energy and Construction fields is especially interesting to us at Fenchurch Law, as we strengthen our established offerings in both sectors from our London, Copenhagen, and Singapore offices, and in the US alongside our colleagues at SDV. We could not think of a better individual than Çağlar Kaçar to lead this new hub, with his extensive sector knowledge and excellent reputation within the insurance ecosystem in the Turkic region.”
Çağlar Kaçar, new Regional Managing Partner commented: “Working and being associated with Fenchurch Law represents a natural continuation of my professional focus. Their work to support the policyholder in complex claims and high-value coverage disputes is something that I have focused on throughout my career, and I am pleased to be joining a team that prioritises the same mindset. Having worked in this region for many years, building strong broker relationships, and leading my own practice, I look forward to contributing to the development of this work here in such a dynamic and powerful insurance hub.”
Fenchurch Law announces key leadership changes as it enters next phase of growth
Fenchurch Law has announced that Joanna Grant has been appointed Managing Partner of the firm, with predecessor and founder David Pryce taking on new Senior Partner role, leading the firm’s expansion into Singapore. In addition, Daniel Robin will step into the role of Deputy Managing Partner.
Joanna Grant joined Fenchurch Law as Partner in 2016 and has since led the firm’s expert Construction and Property Risks team, advising clients on some of the most high-profile commercial insurance disputes in the UK. She steps into the role of Managing Partner following the 14-year tenure of founder and predecessor David Pryce. David now takes up the role of Senior Partner, where he will oversee the firm’s global expansion strategy, starting with the opening of its recently-announced Singapore office later this year.
Joining Joanna on the firm’s senior management team is the head of the firm’s Leeds Office Daniel Robin, who becomes Deputy Managing Partner, supporting and overseeing Fenchurch Law’s continued growth strategy in the UK market.
These leadership changes signify an exciting growth milestone for the firm, which has represented clients in some of the most high-profile and complex policy disputes in recent years, including Stonegate Pub Company’s Covid-19 Business Interruption (BI) claim, which remains the highest-value Covid-19-related BI claim to pass through the English courts.
This announcement also follows recent news that the firm has transitioned to an employee-owned business model through the launch of an Employee Ownership Trust (EOT), which saw 60% of its shares awarded to its people.
Fenchurch Law becomes one of the few female-led law firms in the UK.
David Pryce, Senior Partner at Fenchurch Law, commented: “It’s a hugely exciting time for Fenchurch Law, and I’m so proud of what we’ve achieved since our inception in 2010. I’m absolutely delighted that Joanna and Daniel will be leading the firm into its next stage of growth, as we look to expand our footprint even further.”
Joanna Grant, Managing Partner at Fenchurch Law, added: “I’m delighted to be leading the charge for Fenchurch Law in its ongoing mission to level the playing field for policyholders, with a particular focus on complex and high value coverage disputes in the UK.”
Daniel Robin, added: “I’m very proud to be able to support the further growth of Fenchurch Law and give even more policyholders in the UK access to the wealth of expertise we have across the team.”
Fenchurch Law announces Singapore expansion plans
Fenchurch Law, the UK’s leading firm working exclusively for insurance policyholders and brokers, plans to offer its specialist legal support outside of the UK for the first time, announcing plans for the opening of a new office in Singapore.
Through its new hub, Fenchurch Law will be working with policyholders and brokers from across Singapore and the wider Asia-Pacific region to provide first-class support on high value, complex, commercial insurance coverage disputes, as it has done in the London Market since 2010.
The firm’s international expansion follows the recent announcement that it had transitioned to an employee-owned business model through the launch of an Employee Ownership Trust (EOT), which saw 60% of its shares awarded to its people. Fenchurch Law will be the first EOT business to operate in Singapore.
Managing Partner at Fenchurch Law, David Pryce, commented: “As a purpose driven organisation, we exist in order to help level the playing field between policyholders and their insurers. This is a need that exists in all insurance markets around the world, and we’re delighted to be taking the first step in furthering our purpose internationally with the opening of our Singapore office."
Fenchurch Law hands decision making power to its people, announcing shift to employee ownership model
Fenchurch Law, the UK’s leading firm working exclusively for policyholders and brokers on complex insurance disputes, has announced that 60% of its shares will now be owned by employees, via its newly formed Employee Ownership Trust (EOT).
The move, designed to recognise the valued contribution of all employees across the business, will also give staff the opportunity to put themselves forward to join the firm’s management team to represent their colleagues, giving them full oversight and decision-making power across all aspects of the business.
As part of its ongoing commitment to offering a supportive, dynamic, and rewarding workplace for all, the decision to become employee-owned makes Fenchurch Law one of the first law firms in the UK to adopt this model, which has seen significant success in other sectors with insurance broker Howden, retail group John Lewis and cosmetics brand Lush.
Managing Partner at Fenchurch Law, David Pryce, commented:
“This is the natural next step for Fenchurch Law, as we have always wanted to create a real feeling that everyone is in it together. Becoming employee-owned cements our progressive and unique values. It gets rid of the ‘us’ and ‘them’ mentality and enables every member of the firm to share rewards and responsibilities.
It enables us to ensure that every member of the team has the opportunity to be fully involved with the ins and outs of the firm.”