We have one of the largest dedicated Insurance practice groups in the world, comprised of attorneys who, on a daily basis, advise insurance clients like you on a full array of insurance regulatory and compliance matters.
Our lawyers work with a wide range of participants in the insurance sector: insurers, reinsurers, managing general agents, brokers and other distributors, asset managers, banks, investors and insurance-adjacent businesses. The breadth of our practice ensures that there are few issues for which we do not have direct experience that has been developed and refined over the course of many years of client service.
We can advise you on new and existing insurance regulatory issues impacting your business, including licensing requirements, corporate governance, public disclosure requirements, enterprise risk management, market conduct practices, internal investigations, government investigations and enforcement proceedings, data privacy issues, underwriting practices and alternative product design, the use of artificial intelligence and big data, and many other issues.
Compliance and regulation do not exist in silos, and we can help address their effects on your business and the competition you face from within and outside the insurance sector. We devote considerable resources to staying abreast of emerging issues and trends, as we recognize this is critical when it comes to providing you with effective assistance.
Our lawyers are experienced in all aspect of insurance regulation and compliance. Representative experience includes advising:
- the largest US-based provider of supplemental insurance in conducting a global compliance review of insurance regulatory, tax and data privacy requirements in 80 countries. This governed life, accident and health insurance offered to employees of multinational corporations on a cross-border basis
- a leading US-based insurtech digital insurer offering behavior-based auto insurance, in its sale to a Fortune 500 diversified financial services group of companies
- one of the leading providers of insurance, banking and investment and retirement solutions in the US on a multi-year, multi-state regulatory research and compliance project
- a leading UK-based insurance company on numerous pension risk transfer funded reinsurance transactions involving analyses of New York collateral structures and insurance regulatory and insolvency issues in several US jurisdictions, in addition to transactional support.
- a Fortune 100 financial services mutual organization in its acquisition of an Arizona-domiciled insurance company, including the redomestication, rebranding and launch of the company which focuses on leveraging insurtech to offer life, accident and health insurance products direct to consumers
- a leading UK pension schemes and investment services provider, and a large retail and commercial bank, in its de-risking and pension liability transfer of its five pension sections through an intermediated reinsurance transaction