Nancy Carroll > McCarthy Tétrault > Toronto, Canada > Lawyer Profile

McCarthy Tétrault
66 Wellington Street West
Suite 5300, TD Bank Tower Box 48
Toronto ON M5K 1E6

Work Department

Insurance: Transactional & Regulatory


National Head of Insurance and Reinsurance Group. With deep insurance regulatory and transactional expertise, advises insurance companies, reinsurance companies, insurance agencies, brokerages, banks and financial institutions on complex transactions, regulatory and corporate governance matters. Acts for domestic and international insurance companies on significant M&As, reinsurance transactions, transfers, demutualizations, reorganizations, licensing and commercial matters. Advises on all aspects of insurance and bank regulatory compliance: regulatory approvals, financing, outsourcing, privacy, cyber security, anti-money laundering, insurtech/fintech, compliance and market conduct reviews, risk management, permitted investments, and distribution of insurance and other financial services. Acts on the establishment of insurance companies, reinsurance companies, brokerages and banks, and entry to and exit from the Canadian market. Advises regulated and unregulated financial services providers and corporations on what constitutes insurance and licensing requirements. Member of Financial Services Regulatory Authority of Ontario (FSRA) Stakeholder Committee for Life & Health Insurance.


JD (University of Toronto, 1984); Ontario Bar, 1986.


Canadian Bar Association, Ontario Bar Association, American Bar Association

Lawyer Rankings

Canada > Insurance

(Leading individuals)

Nancy CarrollMcCarthy Tétrault

McCarthy Tétrault ‘has strong institutional knowledge of insurance and regulatory matters and is known for its involvement in complex domestic and cross-border M&A and other corporate transactions in the insurance sector. The team also handles capital raising and financing mandates for Canada’s insurance companies, and fields a leading team in privacy and cyber incident response. Clients praise the team’s responsiveness, as well as its ability to call in experts from across the firm’s full-service platform to advise on a huge variety of issues facing the insurance sector. Practice head Nancy Carroll in Toronto is sought out ‘specifically for her extensive expertise and impeccable reputation in the area of insurance regulatory law‘. On the contentious front, the litigation group handles insurance coverage disputes, reinsurance disputes and complex general liability claims.