
Distinguished by its formidably deep bench, Blake, Cassels & Graydon LLP’s full-service insurance group draws on specialists in regulatory, corporate and contentious work across its national offices. In Toronto, insurance sector head Paul Belanger is widely admired for his broad expertise in financial services regulation and insurance industry M&A. Belanger recently teamed up with fellow Toronto-based regulatory specialist Bonny Murray to advise TD Insurance on all Canadian aspects of its new catastrophe bond deal; notably, TD is the first Canadian insurer to sponsor a bond solely focused on catastrophe perils in Canada. In Calgary, David Tupper is a go-to name for insurance litigation, where he is a popular choice to represent major global insurers in subrogation actions, coverage disputes and liability defence matters. The practice also draws on Montreal-based insurance litigator Matthew Liben; Toronto-based Jake Gilbert, who focuses on non-contentious insurance; and Toronto-based Michael Elder, who is noted for insurance-related transactions.
Legal 500 Editorial commentary
Key clients
- Definity Financial Corp (formerly Economical Mutual Insurance Company)
- Hub International
- Royal Bank of Canada / RBC Insurance
- TD Insurance
Work highlights
Advised Definity Financial Corporation on its C$3.3bn proposed acquisition of the Canadian operations of Travelers, along with its concurrent C$351m private placement of common shares.
Advised RBC Insurance on the transition of the existing HSBC credit insurance programs to RBC with respect to its C$13.5bn acquisition of HSBC Bank Canada.
Advised TD Insurance on its C$150m catastrophe bond deal.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
David Tupper; Paul Belanger
Other key lawyers
Bonny Murray; Matthew Liben; Jake Gilbert; Michael Elder



