Blogger Archives: Francis Kean

Francis Kean

Francis is an Executive Director in Willis Towers Watson's FINEX Global, where he specializes in insurance for Directors & Officers (D&O) of companies. He joined Willis in 2010 and has 25 years of experience as a leading litigation lawyer specializing in professional indemnity, financial institutions and directors and officers liability in the London insurance market.

Destruction of computer records leads to prison sentence for director

It may cross your mind to throw your computer out of the back window as the Serious Fraud Office comes knocking on the front door but, as a case decided just before Christmas 2016 shows, it is probably a terrible … Continue reading →

Making U.K. directors personally liable for data privacy breaches

One proposal for the U.K.’s new Digital Economy Bill is for company directors to become personally liable for fines resulting from nuisance calls made by their companies. Continue reading →

Cyber attack: Ignorance and inaction are no defence

For any company that relies on computers (i.e. just about any company), cyber risk is real, serious and unavoidable. Given that all company directors are legally obliged to promote the success of the companies they serve and, in doing so, … Continue reading →

Am I exposed to/protected from regulatory liability? Search me!

I took part recently in a webcast run by the British Bankers Association (BBA) entitled: “What to do When the Regulator Comes Calling” . Continue reading →

Should general counsel have “overall responsibility” for a firm’s legal function?

Sounds like there should be an obvious answer to the question in my headline? Instead in the case of U.K. financial institutions it may turn out to be a case of “be careful what you wish for”. Continue reading →

U.S. parent company experiences effect of U.K.-style deferred prosecution agreement for bribery

The U.K. subsidiary of a U.S.-registered corporation has recently entered into only the second ever U.K. court sanctioned deferred prosecution agreement (DPA). DPAs have long been a feature of the U.S. criminal corporate justice system. They recently hit the headlines … Continue reading →

The biggest claim in U.K. legal history

It’s not often you get the chance to use a headline like that and, no, it’s not a D&O claim but it is at least a “true” class action, i.e. one in which the class (in this case all U.K. … Continue reading →

Look out for the “Crackdown on White-collar Crime”

I was speaking at the same Cambridge Crime Symposium as made the front page of this Monday’s Times newspaper. Sadly, it wasn’t my talk on D&O and commercial crime insurance that attracted as much attention as the speech by attorney … Continue reading →

I am entitled to a lawyer being present if interviewed by the Serious Fraud Office or similar authority, right?

We have all seen enough police shows to be familiar with the mantra that you are entitled to have a lawyer present, along with the warning that: You do not have to say anything. But it may harm your defence … Continue reading →

A new insurance act comes into force–but it’s not that one!

A lot has been written (not least by me) about the new Insurance Act which is due to come into force in August of this year.  It has rightly been described as one of the most important pieces of U.K. … Continue reading →