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

66 Wellington Street West
Suite 5300, TD Bank Tower Box 48
Toronto ON M5K 1E6
Canada
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Nancy Carroll
Work Department
Insurance: Transactional & Regulatory
Position
National Co-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 Canadian and global 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/ investigations, ESG, 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.
Career
Ontario Bar, 1986.
Memberships
Canadian Bar Association, Ontario Bar Association, American Bar Association.
Education
JD (University of Toronto, 1984)
Personal
Honorary Chair, Weekend to Conquer Cancer, Princess Margaret Cancer Centre; Director, Princess Margaret Cancer Foundation
Editor, Consolidated Insurance Companies Act of Canada, Regulations and Guidelines, 2023 (Thomson Reuters); Co-authored Canadian chapter of Anti-Money Laundering International Law and Practice (Wiley).
Lawyer Rankings
Canada > Insurance
(Leading partners)A leader in the the corporate insurance sphere, McCarthy Tétrault acts for a mix of insurers, reinsurers, brokers, insurtech companies and insured corporations on a broad scope of transactional and regulatory matters, including M&A, demutualizations and reorganizations. The group also leverages the wider firm’s premier dispute resolution offering to shine in contentious work. Seasoned counsel Nancy Carroll co-heads the practice and possesses a strong track record in complex and first-of-a-kind industry matters, including advising on the first demutualization of a life insurance company in Canada. Fellow co-head Hartley Lefton also specializes in transactional and regulatory work, including advising on sensitive regulatory investigations. Rounding out the key partners is insurance litigator Christopher Hubbard, who has a focus on professional negligence, product liability and mass torts. Other recommended names include Montreal-based Sonia Struthers, who handles financial services regulation, and litigator Atrisha Lewis. Named lawyers are based in Toronto unless stated otherwise. William Scott recently retired, while Aidan Cameron left the firm.
Lawyer Rankings
Top Tier Firm Rankings
- AI
- Capital markets
- Competition and antitrust
- Corporate and M&A
- Dispute resolution: British Columbia
- Dispute resolution: Ontario
- Dispute resolution: Quebec
- Environment
- Infrastructure projects
- Insurance
- International trade
- Energy and natural resources > Mining
- Transport > Other transport
- Energy and natural resources > Power
- Real estate
- Tax
- Technology
- Telecoms