Isle of Man • London

David Spencer - Director

David Spencer
Office: +44 1624 690 305
Mobile: +44 7624 430 342
  • Simcocks regularly receive instructions from major US and UK law firms. David Spencer plays a key role. - 2015 Legal 500
  • The team is headed by experienced practitioner David Spencer. He is one of the most experienced insurance lawyers on the Isle of Man. The absolutely excellent practice has been working with Aon Insurance Managers (Isle of Man) Ltd and Castletown Insurance Managers Ltd. - 2009 Legal 500
  • Simcocks is applauded for its 'first-class service' and 'unstuffy, no-nonsense attitude'. David Spencer's team provided regulatory advice to London lawyers acting on behalf of Hiscox. - 2010 Legal 500
  • Simcocks provides advice that is ‘always on the money’, with ‘experienced’ team head David Spencer particularly recommended. In 2009, the firm handled a steady flow of restructuring and regulatory work. - 2010 Legal 500
  • David Spencer’s team at Simcocks is 'highly responsive', with Alex Spencer praised as 'diligent and able to understand issues from a client's perspective'. The firm kept busy on a series of loan restructurings in 2009, and clients include Barclays, DEG and RBS. - 2010 Legal 500
  • David Spencer has expertise in banking, insurance, regulation, media and entertainment and shipping. He is vastly experienced and considered a strong transactional lawyer. - 2010 Chambers and Partners
  • David Spencer is ‘responsive, helpful, quick and always ready to go that extra mile’. He is recommended for ‘high-quality advice and delivery’. He is said to ‘provide exceptional service’, and is recommended for banking and finance instructions. - 2008 Legal 500
  • Simcocks has substantial share of the captive market and has been involved in much of the complex re-organisation and restructuring work spawned by the regulatory changes affecting offshore centres. David Spencer is recommended. - 2007 Legal 500
  • David Spencer is noted for his expertise in both the insurance markets and banking work. He is described as “fantastic, available and great at client service.” - 2012 Chambers Europe
  • David Spencer is described as "very impressive and helpful" by clients familiar with his corporate and commercial practice. He has recently worked on behalf of London Scottish Re advising on potential claims, as well as acting for Bank of America in the financing of two superyachts. - 2013 Chambers Global
  • According to one source, David Spencer "is the pre-eminent insurance law expert on the Island." He also practises in banking transactions. - 2014 Chambers Global
  • David Spencer leads the ‘highly experienced' team at Simcocks; he is praised for his ‘thorough knowledge of insurance regulations and practice'. - 2014 Legal 500
  • "He is well known for his expertise advising clients in insurance matters. Additional areas of interest include banking and media and entertainment." - 2015 Chambers UK


David's practice areas include general corporate, banking and finance, insurance and shipping. He has extensive experience in banking and insurance law, regulation and compliance.

His specialisms include the drafting and implementation of bespoke bank loan and security documentation, media and entertainment finance documentation and insurance contracts.

He has particular experience in schemes involving the transfer of insurance business and schemes of amalgamation.

Commissioner for Oaths and Notary Public


  • Admitted Isle of Man1993
  • Admitted England and Wales 1975


  • University of Bristol (LLB) 1972


  • Isle of Man Law Society
  • Law Society of England and Wales (non-practising)