Led by Aidan McCormack in New York, the insurance practice at DLA Piper LLP (US) has two main prongs: transactional counsel and regulatory advice. The group houses a strong regulatory practice spearheaded by Baltimore-based Kathleen Birrane, who recently rejoined the firm after serving as Maryland Insurance Commissioner and the chair of the NAIC’s Innovation, Cybersecurity and Technology Committee, where she developed a specialism in the use of AI by the insurance industry. On the transactional side, the team is instructed by insurers, reinsurers, MGAs, brokers, and Insurtech firms to advise on a wide array of transactions, from M&A, to VC investments, to receiverships, and to execute complex financing structures. Strengthening the bench is Chicago-based Steven Schwab, who comes recommended for cross-border matters, New York-based Ryan Moreno, who leads work on bespoke transactions and investment structures, and Baltimore-based Matthew Gorra, who works on transactional matters involving private equity and venture capital, securities issuances, and corporate matters. In the Boston office, Peter Rice concentrates on regulatory work, and versatile practitioner David Mendelsohn is a key resource for transactional as well as regulatory advice in Chicago.  
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Testimonials

Collated independently by Legal 500 research team.

  • 'Unique team of very qualified lawyers with an outstanding service level.'
  • 'Aidan McCormack is an outstanding lawyer with a an outstanding service level. First of all he has handled our cases in an excellent way with outcomes we are truly satisfied with. Apart from that he gives excellent service besides the regular advised which makes him an outstanding partner to cooperate with. Our company truly appreciate our cooperation and we appreciate that he is very important four our path to success. Trumon Phillips - is also an outstanding lawyer with we are very impressed by the work he has done for our company. We truly feel comfortable with his advice.'

Key clients

  • Trustmark Companies
  • The Horton Group
  • Delaware Life Insurance Company
  • Clear Springs Life Assurance Company
  • HUB International, Ltd.
  • American Family Insurance Group
  • Capital & Co. Insurance Services LLC
  • EquiTrust Life Insurance Company
  • SCOR Reinsurance Company
  • USQRISK, LLC

Work highlights

  • Advised a Hospital Mutual insurance Company in the process of their company reorganization, combined with the sale of $5.5 million of Series A preferred shares to increase the company’s capitalization.
  • Advised Vesttoo Limited on a bankruptcy arising out of multi-billion-dollar reinsurance security and investment transactions, most of which were fraudulent.
  • Advised domestic insurance companies and Bermuda reinsurance companies managed or owned by Aquarian Holdings in connection with (i) the acquisition of a 67% interest in PACE Equity LLC, the leading Property Assessed Clean Energy (PACE) funder of commercial real estate development projects in the United States, for $70M plus an additional $10M earnout and (ii) a $250M warehouse facility being provided to an affiliate of PACE Equity LLC in order to provide it with additional funding for new organizations.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

Aidan M. McCormack

Other key lawyers

Kathleen Birrane; Steven Schwab; Ryan Moreno; Matthew Gorra; Peter Rice; David Mendelsohn