Legal Business

Bond Dickinson wins AIG tender for volume contract work

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Merged regional giant beats four rivals for out-of-London mandates

Following a competitive tender process between five of its panel law firms, AIG has awarded its bulk contract work to Bond Dickinson, as the insurance giant’s general counsel for Europe, the Middle East and Africa, Chris Newby focuses his team on more strategic, higher level legal work.

AIG concluded its main panel review in September, appointing a 25-strong list of advisers, including Freshfields Bruckhaus Deringer, Berwin Leighton Paisner and DLA Piper.

A secondary tendering process was conducted among five panel firms for the job of updating and modernising hundreds of medium risk, high-volume but low-value contracts with AIG’s providers.