Slaughter and May is advising BEIS on the £10bn Trade Credit Reinsurance Scheme put in place by U.K. Government in response to the coronavirus pandemic

Slaughter and May is advising the Department for Business, Energy & Industrial Strategy on the £10 billion Trade Credit Reinsurance Scheme put in place by U.K. Government in response to the coronavirus pandemic.

The Trade Credit Reinsurance Scheme seeks to ensure that trade credit insurance coverage and credit limits are maintained during the coronavirus pandemic, helping businesses to trade with confidence.

The scheme is open to eligible insurers operating in the UK market and nine insurers are joining the scheme from opening.

The Slaughter and May team is being led by partners Craig Cleaver and Robert Chaplin. Isabel Taylor led on obtaining state aid approval from the European Commission for the Scheme, and Ben Kingsley led on regulatory aspects.

Corporate / Insurance
Craig Cleaver Partner
Robert Chaplin Partner
Graeme Earle Associate
Kesten Laverty Associate
Oliver Denne Associate
Competition / State Aid
Isabel Taylor Partner
John Bardsley Associate
Financial Regulation