Norton Rose Fulbright advises on the acquisition of IQUW by Starr

Global law firm Norton Rose Fulbright is representing IQUW and its principal shareholders, including ABRY, Aquiline and senior executive shareholders, in relation to the acquisition of IQUW Group by Starr.

IQUW Group has gross written premiums (GWP) of approximately US$1.9 billion and includes two Lloyd's syndicates - IQUW, a specialty (re)insurer that operates across multiple specialty lines and ERS, the UK's largest motor insurer at Lloyd's - as well as IQUW Re Bermuda, its Bermuda-based reinsurance platform.

The acquisition will bring together Starr's specialty insurance and reinsurance capabilities with IQUW Group's strong market presence and complementary portfolio, creating one of the most diversified platforms at Lloyd's.

The deal is expected to close in the first half of 2026, subject to regulatory approvals and other customary closing conditions.

The Norton Rose Fulbright team is being led by corporate insurance partner Nicholas Berry and includes counsel David Bartlett, senior associate Rosemary Finn and associates Emma Borch and Hobz De Caux. The team also includes tax partners Dominic Stuttaford and Matthew Findley.