Based in Guernsey and Gibraltar, Robus Group offers professional management services to captive insurers, open market insurers, reinsurers, insurance intermediaries, MGAs, ILS fund managers, and other corporate entities. The company supports these clients in achieving their risk management and strategic business goals.
The acquisition will allow SRS to continue its growth trajectory with ongoing expansions into new domiciles and the exploration of innovative solutions to address business challenges related to insurance and risk management.
The Carey Olsen corporate team served as principal counsel, advising on the Guernsey aspects of the transaction. The team comprised partner Chris Anderson, senior associate Arya Hashemi, and associates Tabitha Lepp, Lisa Bailey and Jennifer Mills.
Chris Anderson commented: "We are delighted to have advised SRS on this transaction, enabling them to continue their growth strategy and we look forward to supporting SRS in achieving a successful completion."
The Carey Olsen Guernsey corporate team stands out among Channel Islands firms due to its market-leading position in the insurance sector, evident through its Tier 1 ranking for Insurance in The Legal 500 UK 2024 guide. Additionally, the firm has an exceptionally strong M&A team, also holding a Tier 1 ranking in the Legal 500 guide.
Completion of the transaction is subject to regulatory approval.