Gavin Woods has been promoted to the role of partner at law firm Carey Olsen Bermuda.

Mr Woods is part of the corporate team at the firm, where he specialises in corporate finance, corporate structuring and insurance transactional and regulatory matters. The firm said he has particular experience in the incorporation and licensing of re/insurance companies, listings on the Bermuda Stock Exchange and alternative risk financing vehicles such as cat bonds and insurance-linked securities.

A ten-year veteran of the Bermuda market, Mr Woods previously practised in London and New York.

Michael Hanson, managing partner of Carey Olsen Bermuda, said: “Gavin’s arrival earlier this year was a notable lateral hire for the firm and provided a very strong endorsement of what we were setting out to achieve from a corporate perspective. Unsurprisingly, he has quickly made a significant contribution to the rapid development of our corporate practice in Bermuda and I’m delighted to congratulate him on his promotion.”

Mr Woods said: “I am deeply honoured to have been promoted to the role of partner. We have seen significant growth in a short space of time, driven in large part by the tremendous reception we received from the Bermuda market. We anticipate that all of our practice areas, including corporate and insurance, will continue to grow as the firm develops its presence in the jurisdiction, so it is an exciting time to be part of the Carey Olsen Bermuda team. “

Carey Olsen Bermuda Ltd is a limited liability company; the use of the term “partner” denotes seniority, the firm said. The Bermuda office, with four partners and more than 25 staff, is one of nine Carey Olsen outposts globally.