CORPORATE & INSURANCE GROUP

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Frank Garrison
10 years ago
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1 CORPORATE & REGULATORY INSURANCE GROUP

2 OUR PRACTICE Cassels Brock has one of the largest and most respected corporate and regulatory insurance law practices in Canada. With over 40 years of experience providing practical legal, financial and market analysis advice, our expertise is second to none. For this reason, local and international insurance industry and financial institution clients rely on our specialized advice for a whole range of services, including incorporation, licensing, mergers and reorganizations, acquisitions and divestitures, new product launches, market expansion and distribution. INTERNATIONAL OPERATIONS Our clients business requirements often take us beyond the borders of Toronto, Ontario and Canada. As such, we have forged strong relationships with leading organizations across the country and internationally including law firms, financial institutions, consultants and business organizations. These links enable us to help navigate our clients through local and international business expansion. OUR CLIENTS We provide corporate and regulatory legal services to a full range of clients in the insurance industry including: Life insurers Property and casualty insurers Reinsurers Mutual insurance companies Fraternal benefit societies Reciprocals Insurance agents and brokers Managing general agents Coverholders Lloyd s syndicates Captives Third party warranty companies Loss adjustment companies Banks and trust companies Risk management departments of large corporations Finance corporations Manufacturers and retailers Industry and professional associations

For this reason, local and international insurance industry and financial institution clients rely on our specialized advice for a whole range of services, including incorporation, licensing, mergers

3 OUR SERVICES REGULATORY Acting as Chief Agent for Canadian branch operations of foreign insurance companies Advising on carrying on business in Canada (both on a licensed and unlicensed basis) Part XIII changes to the Insurance Companies Act as well as the new reinsurance regulations Federal and provincial licensing Regulatory approvals and advice on dealing with both federal and provincial insurance regulators Insurance broker, adjuster and managing general agency licensing issues Compliance matters Establishment of legal compliance management systems TRANSACTIONS Formation and capitalization of new insurance companies and insurance service providers Corporate reorganizations Mergers and acquisitions of insurers, reinsurers and brokers Assumption Reinsurance transactions Establishment of captive insurance companies Establishment of risk retention groups and pools Securities work for insurers including initial public offerings, private placements, financings and compliance work Insurance-linked securities Investment and commercial lending CORPORATE & COMMERCIAL Drafting and interpreting policies and reinsurance agreements Tax matters affecting insurers including life insurance taxation, excise tax and permanent establishment issues, premium tax and provincial sales tax Intellectual property matters including trade-marks Software, information technology and licensing agreements Corporate governance work Advice to automobile and similar clubs that offer insurance products to their members Warranty product development Drafting and reviewing outsourcing arrangements and service agreements Developing business continuity solutions Data protection and privacy Sale and marketing of insurance products over the internet, including disclosure requirements and restrictions Review of real estate acquisition and lease documents Advice on employment and related Human Resources matters Advice on Investment Canada and competition law matters MINIMIZE RISK. MAXIMIZE RESULTS.

insurance regulators Insurance broker, adjuster and managing general agency licensing issues Compliance matters Establishment of legal compliance management systems TRANSACTIONS Formation and

4 NOTABLE TRANSACTIONS Acting as legal advisors to both the Canadian federal and provincial governments in relation to the redrafting of insurance legislation Acting for a large life and health insurance company in its $200 million-plus takeover of a mutual fund company Establishing Canadian branches for foreign life and property and casualty insurers and reinsurers Acting for life and property and casualty insurers and reinsurers on assumption reinsurance transactions Acting for a large public insurance company on its acquisition of a US insurance company Acting in the demutualization of a Canadian mutual life insurance company Advising a large Bermuda-based reinsurer with the Canadian aspects of a worldwide reorganization Acting on the sale of a large Canadian property and casualty insurance company Advising industry associations regarding the Office of the Superintendent of Financial Institution s (OSFI) regulatory changes Advising syndicates and Lloyd s managing agents on establishment of agents and coverholders in Canada INDUSTRY INVOLVEMENT Serving on boards of Canadian insurance companies, industry associations and not-for-profit organizations Acting as Chief Agent for and Agent for Service for foreign insurers Members of many industry and trade organizations, including: The Reinsurance Research Council The Canadian Life and Health Insurance Association (CLHIA) The Federation of Regulatory Counsel, Inc. Our lawyers are speakers at local and international conferences as well as regular contributors to leading industry publications LEADING LAWYERS Members of our group are recognized as leading insurance lawyers by, among others, Martindale-Hubbell, Best Lawyers in Canada, The International Who s Who of Insurance and Reinsurance Lawyers, and the Euromoney Guide to the World s Leading Insurance and Reinsurance Lawyers.

property and casualty insurers and reinsurers on assumption reinsurance transactions Acting for a large public insurance company on its acquisition of a US insurance company Acting in the

5 OUR INSURANCE LAW TEAM Brian Reeve, Partner Gordon Goodman, Partner Laurie LaPalme, Partner Erin Brady, Associate Richard Da Costa, Associate Miho Felicio, Associate

com Laurie LaPalme, Partner 416 869 5781 llapalme@casselsbrock.

6 MORE THAN JUST INSURANCE CREATIVE. APPROACHABLE. BUSINESS-FOCUSED. These are the qualities clients tell us they value in a law firm, and they re the qualities the lawyers at Cassels Brock possess in abundance. We ve been in business for over 120 years and have more than 200 lawyers committed to providing the very best legal advice to all our clients, whether entrepreneurial start-ups, mid-market enterprises or multinational corporations. Cassels Brock is a full-service firm organized into practice areas that meet clients wide-ranging needs. While clients may initially come into the firm via one practice area, the full range of our expertise is available to them through their primary lawyer. Aboriginal Advertising & Marketing Asset-Based Lending Automotive Aviation Business Charity & Not-For-Profit Class Actions Communications Competition, Antitrust & Foreign Investment Construction Corporate Tax Education Employment Energy & Utilities Entertainment Equipment & Asset Financing Family Fashion Financial Institutions Regulation Financial Services Franchise Government Relations Hospitality & Tourism Information Technology Infrastructure Insolvency Insurance Corporate & Regulatory Intellectual Property International Business International Trade Land Development Lending & Finance Life Sciences Litigation Mergers & Acquisitions Mining Municipal, Planning & Environmental Payments Industry Pension, Benefits & Executive Compensation Privacy Private Equity Product Liability Project Finance Real Estate & Development Registration & Compliance Renewable Energy & Clean Technology Restructuring & Insolvency Securities Securities Litigation Securitization & Structured Finance Sports Tax Trusts & Estates Cassels Brock & Blackwell LLP Suite 2100, Scotia Plaza Suite 2200, HSBC Building 40 King Street West 885 West Georgia Street Toronto, ON Canada M5H 3C2 Vancouver, BC Canada V6C 3E8 Tel: Tel: Fax: Fax: Cassels Brock & Blackwell LLP. All rights reserved. 09/2012

We ve been in business for over 120 years and have more than 200 lawyers committed to providing the very best legal advice to all our clients, whether entrepreneurial start-ups, mid-market

GOING PUBLIC IN CANADA

GOING PUBLIC IN CANADA CASSELS BROCK IN BRIEF Canadian law firm of more than 200 lawyers based in Toronto and Vancouver focused on serving the transaction, advocacy and advisory needs of the country s