Kenneth Underhill has over 20 years in the London Insurance market and is the former General Counsel of Chubb European Group, then ACE. A Director of multiple Insurance Companies operating in over 30 countries with a turnover in the range of $5+billion, he was responsible for Legal, Compliance and Corporate Governance across the EMEA region and had a team of 60 or so. Prior to that Kenneth was a founding partner of the Commercial & Regulatory team at Reynolds Porter Chamberlain.
After completing this degree and being admitted as a solicitor in Queensland in 1989 he moved to the UK and undertook a Masters of Laws at LSE a part of London University. He also was admitted to the roll as a solicitor in England and Wales in 1991. Following completion of his studies, Kenneth took work at Charles Russell before moving in-house at Lowndes Lambert in 1994 as Assistant Group Solicitor covering a broad spectrum of issues and topics as expected at a rapidly growing and transforming international company.
After 6 years he left Heath Lambert as it had become and joined Reynolds Porter Chamberlain shortly after which he was made a partner. He worked on a variety of issues before becoming one of the founding partners of their Commercial and Regulatory practice which grew organically before he left in 2007 to join ACE European Group as the General Counsel. Here he was responsible for legal, company secretariat and compliance across the EMEA region. During his time at these regulated organisations and while at RPC Kenneth was involved in a significant number of issues where regulation was a centre point. He has been involved in many regulatory disciplinary proceedings both at Lloyd’s and outside and numerous business reviews including skilled persons reviews and subsequent remediation exercises.
Along the way there have also been a significant number of acquisitions with consequential restructures including cross-border mergers as well as other corporate activity such as IPOs, joint ventures, business transfers and the development of businesses in new territories.
Kenneth was also a director of regulated entities trading in over 30 countries with a combined turnover totalling more than $5 billion. He was approved by the regulators in each country where approval was required including being an Approved Person for the 5th or 6th largest regulated insurance company in the UK. His experience resulted in a deep understanding of both UK and international corporate governance.