We are pleased to announce that Matt Ellis has joined our Corporate & Commercial team as a Partner.
Matt advises clients, principally in the insurance sector, on corporate transactions and reorganisations, regulatory compliance, insurance and reinsurance, governance and risk management. With over 20 years’ experience in the insurance sector and having worked in both the Australian and London markets, he has extensive knowledge across the life insurance sectors, and a deep understanding of all facets of the conduct of an insurance business including:
- Acquisitions and divestments of insurance and insurance intermediary businesses, including insurance business transfers (portfolio transfers)
- Complex reinsurance transactions, including LPT and ADC structures
- Insurance sector regulatory approval processes
He also advises underwriters on the risks in M&A transactions and coverage under warranty and indemnity insurance.
Matt’s corporate practice is complimented by a strong focus on insurance and financial services regulation across product, conduct and prudential regulation. He continues to assist clients to navigate the significant regulatory reform agenda in Australia including:
- Implementation and compliance with the Financial Accountability Regime (FAR)
- CPS230 (Operational risk management)
- AFSL licensing and compliance
- Breach investigation and reporting
- Prudential regulatory compliance (including material outsourcing, governance and remuneration)
- Response to regulatory investigations
As a national board member of the Australian Insurance Lawyers Association (AILA), a member of the Victorian Committee of AILA and a committee member of the Victorian Reinsurance Discussion Group, Matt is an active leader within the insurance community.
Julien Castaldi, National Practice Group Leader for Corporate & Commercial said, ‘We are excited to welcome Matt to our team. Matt’s reputation is unparalleled and he is known for his deep expertise and high-quality service to his clients. His know-how will allow us to expand the services we provide to our clients and support the continued growth of our Corporate & Commercial practice and create a seamless alignment with our colleagues in Commercial Insurance. We’re also delighted that Matt is bringing a high-calibre team with him.’
‘I am pleased to enter the next phase of my career with Sparke Helmore. It was important for me and my team to join a full-service law firm known for its culture of collaboration and collegiality, and one with a clearly defined strategy for growth and success. This opportunity allows me to continue with both my corporate and insurance sector focus and to deliver for our clients across the complex transactional and regulatory work we do’, said Matt.
Matt and his team of four lawyers, who join us from Clyde & Co, are based across our Melbourne and Sydney offices.