As a highly qualified and experienced financial services regulatory attorney specializing in the insurance and reinsurance field, both life and property/casualty, and as a practice team leader in my two most recent law firms, I demonstrate exceptional knowledge of federal, state and international regulatory and compliance issues, transactional acumen, client and employer loyalty, reliability, power of endurance and leadership experience. I also bring an exceptional reputation, gravitas and over thirty years of senior level experience in the financial services, including securities, commodities but mostly insurance. I am highly organized, detail-oriented and highly ethical and discreet. As I pursue new opportunities and a change of environment, I would be pleased to apply these skills, complemented by my highly developed client advisory talents, at the highest levels of one of the most highly respected, strongest financial services organizations in the world.
Currently, I am a partner at Goldberg Segalla LLP, where, for the past three years, I have been a leader in the Global Insurance Services Practice Group and the Insurance Regulatory Practice Team, comprised of attorneys in our offices spanning the eastern half of the nation. Involved in strategic direction, new business analysis and development, public relations and extensive client compliance advisory, I have helped drive the growth and success of the firm�s diverse insurance practice.
Highlights:
AV peer rated (Martindale Hubbell); The Best Lawyers in America® (Insurance Law); New York Super Lawyer (M&A);
University Honors: Magna cum laude, Phi Beta Kappa, Pi Delta Phi French Honor Society;
Co-Author LLOYD’s IN THE UNITED STATES, New Appleman on Insurance , Volume 7—Reinsurance Ch 80 (2016);
Co-Author REINSURANCE DESKBOOK, Chs. 24-26, Tom Segalla, editor (Thomson Reuters 2017);
Law School Honors: Order of Barristers; Moot Court Honor Society
Companies I like:
Allied World, Swiss Re, Hiscox, XLCatlin, Arch Insurance, Chubb, MetLife, Berkshire Hathaway, Markel, QBE Insurance
As a highly qualified and experienced financial services regulatory attorney specializing in the insurance and reinsurance field, both life and property/casualty, and as a practice team leader in my two most recent law firms, I demonstrate exceptional knowledge of federal, state and international regulatory and compliance issues, transactional acumen, client and employer loyalty, reliability, power of endurance and leadership experience. I also bring an exceptional reputation, gravitas and over thirty years of senior level experience in the financial services, including securities, commodities but mostly insurance. I am highly organized, detail-oriented and highly ethical and discreet. As I pursue new opportunities and a change of environment, I would be pleased to apply these skills, complemented by my highly developed client advisory talents, at the highest levels of one of the most highly respected, strongest financial services organizations in the world.
Currently, I am a partner at Goldberg Segalla LLP, where, for the past three years, I have been a leader in the Global Insurance Services Practice Group and the Insurance Regulatory Practice Team, comprised of attorneys in our offices spanning the eastern half of the nation. Involved in strategic direction, new business analysis and development, public relations and extensive client compliance advisory, I have helped drive the growth and success of the firm's diverse insurance practice.
• In particular, I recently led a team of attorneys at Goldberg Segalla LLP, acting as Regulatory Counsel to a Japan-based international insurance holding company group in the acquisition of a New York Stock Exchange-traded, Oregon-based and nationwide, financial holding company and its nationwide life insurance operations. My responsibilities included contract drafting, regulatory due diligence, structuring corporate governance of the new combined insurance holding company group, handling all regulatory applications and a public hearing before Oregon’s insurance regulators, and counseling the acquirer and its new subsidiaries with respect to the insurance regulatory environment in the United States, closing and post-closing regulatory approval notices, registrations and newly adopted corporate governance rules applicable to U.S.life insurers and their parent companies.
• Created and implemented regulatory, statutory accounting, and actuarial defense strategy in a $178 million RICO action against assuming reinsurer The Central National Life Insurance Company of Omaha, a credit life insurance and reinsurance company controlled by Beneficial Insurance Group; identified and worked with regulatory and actuarial expert witnesses in developing the successful defense strategy; achieved $1.2 million settlement on the eve of arbitration. Generated $1.5 million in legal fees over 4 years.
• Counseled a foreign bank seeking to service the insurance needs of expatriated citizens of its country of domicile.
• Counseled a foreign airline as to application of state insurance producer license requirements to a subsidiary that provides business travel management solutions (including travel life and accident insurance) internationally via a password protected, web-based, application.
• Counseled a private equity firm on formation of a joint venture and acquisition of a Midwest-based subsidiary insurer.
• Advised the world’s most prominent insurers and reinsurers on emerging trends, legal issues and the activities of the NAIC, IAIS, FIO and other bodies currently shaping insurance regulation and helping clients navigate the highly nuanced regulatory environment impacting internationally active insurance groups.
• Negotiated the first co-brokerage agreement between a Japanese-owned U.S. broker and Marsh McLennan.
• Successfully negotiated with NYDFS Office of General Counsel a stipulated agreement (no sanction or fine) to resolve an unintentional failure by Willis to timely remit and file $250K in collected quarterly excess lines taxes.
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