Wayne Jones

UAE

Clyde & Co
PO Box 7001, Level 15
Rolex Tower, Sheikh Zayed Road
Dubai, UAE

Tel: +971 4 384 4100
Fax: +971 4 384 4104

Email: wayne.jones@clydeco.ae
Web: www.clydeco.com

Wayne Jones is a partner based in Clyde & Co’s office in the Dubai International Financial Centre (DIFC), from where he heads up Clyde & Co’s re/insurance team in the region.

Wayne has been in the UAE since 2001. During this time he spent five years in Abu Dhabi assisting with the set-up of Clyde & Co’s Abu Dhabi office. Wayne is a recognised specialist in the GCC region for insurance and reinsurance work, and has a broad regional practice advising local and foreign insurance interests on a wide range of contentious and non-contentious matters, across the GCC and wider Middle East region.

In addition to claims, coverage and subrogated recovery work, in recent years Wayne has been increasingly involved in a wide range of regulatory work across the GCC, including in the specialist financial centres (DIFC and QFC), dealing with local regulators and government bodies. He has also led the legal teams in advising several GCC governments on the planning and implementation of healthcare financing arrangements.

Wayne continues to advise on a broad range of commercial disputes in the Middle East, acting in multi-jurisdictional court disputes and local and international arbitration proceedings. Wayne is a frequent speaker at regional insurance market events and a regular contributor to industry publications. He continues to be named as one of MENA Insurance Review’s “Power 50” individuals in the region.

While the insurance and reinsurance markets have been less affected than anticipated by the financial and economic events of the last three years, capital adequacy and the implementation of Solvency II are exercising management, as is the future direction of regulation.

Geographic expansion into new countries and markets is an evolving trend as competition in mature markets remains fierce and developing countries offer new opportunities. In the area of risk, further fallout from the financial crisis, instability as a result of economic recession and the issues thrown up by political unrest continue to give rise to challenges.

Experience on a global scale

The insurance sector demands close sector focus on a global scale. Clyde & Co is the only firm able to fully meet this challenge, with:

  • Extensive experience in every class
  • The broadest international coverage of any specialist insurance law firm
  • The highest concentration of leading insurance lawyers of any firm
  • A broad and balanced offering, from the most complex major claims to volume services

Clyde & Co offers insurers the opportunity to source legal advice from one law firm across a wide spectrum of business lines, on both higher and lower value claims, volume work and across most jurisdictions. The understanding of insurers’ operations, the closeness of relationships, economies of scale, swift referral to expertise and the commitment we offer provides significant benefits to our clients.

We have experience of the following global lines:

  • Aviation
  • Casualty and healthcare
  • Energy and engineering
  • Financial lines/D&O
  • Fraud
  • Marine
  • Professional liability
  • Property and liability
  • Political risk
  • Regulatory risk
  • Speciality lines
  • Surety
  • TMT

In addition to experience across the full extent of insurers’ general business lines, we also have a leading practice in respect of reinsurance as well as regulatory matters, and a dedicated corporate insurance team which includes M&A, restructuring, corporate finance, Part VII transfers, captives, run off/exit strategies and life, and in a range of disciplines connected with ongoing commercial operations such as employment, commercial and IT agreements and real estate.

With over 160 Partners and 800 lawyers focusing on insurance and reinsurance, there is no other law firm with the quality, the scale and the coverage we offer the insurance market.

Clyde & Co is a global law firm with a pioneering heritage and a resolute focus on its core sectors of aviation, energy, infrastructure, insurance, marine and trade. With over 1,400 lawyers operating from 33 offices and associated offices in five continents, the firm advises corporates, financial institutions, private individuals, and governments across a wide range of contentious and transactional matters. The firm has:

  • The largest dispute resolution practice of any UK law firm with a strong track record in complex cross-jurisdictional disputes and an outstanding reputation in international arbitration
  • A long history of work in emerging markets, being the largest international firm in the Middle East and with a rapidly expanding network across Asia, Latin America and Africa
  • An insurance and reinsurance practice with experience in every class and across the world’s markets. With the highest concentration of leading practitioners of any insurance law firm, we provide the international insurance market with unique strength and capability
  • The benefits of market-leading teams in areas such as corporate, employment, regulatory, health & safety, global governance and real estate
  • A rapidly expanding presence across the US, Canada and South America
Wayne Jones heads the firm’s regional insurance and reinsurance practice. He represents local and international insurers in claims, coverage and subrogated recovery work, as well as being active in the regulatory sphere
Chambers & Partners, 2015