Elaine Long is a partner in Matheson’s Financial Institutions Group. She provides specialist advice in connection with corporate and regulatory issues for financial institutions with a particular focus on insurance. Elaine has extensive experience in advising on business transfers and amalgamations involving insurers. She also regularly advises insurers and other financial institutions on the regulatory aspects of establishment and authorisation, corporate governance and re-organisations.
Elaine joined Matheson in 2006. Prior to joining the Financial Institutions Group, Elaine worked in the Corporate Restructuring and Insolvency Group in Matheson, where she advised on contentious and non-contentious corporate insolvency matters. During her time in Corporate Restructuring and Insolvency Elaine regularly advised financial institutions on insolvency proceedings, the enforceability of set-off rights and the invalidation of security following insolvency.
Prior to joining Matheson, Elaine worked in PwC, qualifying as a Chartered Tax Advisor during that time.
- Elaine is currently advising Bank of Ireland on its acquisition of the performing loan assets and deposits of KBC Bank Ireland plc.
- Advising the Aon group on the regulatory aspects of its redomiciliation from the UK to Ireland.
- Elaine has advised Monument Re on a number of portfolio transfers, including the transfer of Omega Life DAC (previously Cattolica Life DAC) to Monument Assurance Luxembourg SA and, the transfer of the business of Inora Life DAC to Monument Life Insurance DAC and the acquisition in 2021 by Monument Life Insurance DAC of a book of variable annuity policies from Athora Ireland plc.
- Elaine advised AmTrust International Underwriters DAC in relation to the transfer of its surety business to Liberty Mutual Insurance Europe SE.
Law Society of Ireland, admitted to the roll
Irish Tax Institute, Chartered Tax Advisor
UCD, Bachelor of Business and Legal Studies