McGlinchey’s Insurance Regulatory and Compliance team offers deep industry knowledge, paired with the regulatory relationships and years of experience that allow us to make a difference for our clients.
Our firm’s holistic approach to serving the full range of players in the insurance industry, coupled with our leading-edge capabilities in consumer financial services compliance, give us capabilities few competitors can match.
We are often called in on the front-end of product development, to brainstorm with industry innovators on new insurance products and services to meet the ever-evolving needs of the insurance market. Then, leveraging our comprehensive knowledge of the regulatory landscape, we work with clients to make sure those new products and services pass muster with regulators across the US and its territories.
Colleagues at AmLaw 50 firms have called on our team to assist in insurance regulatory compliance matters and due diligence for large transactions.
Our clients include:
Insurers and other risk-bearing entities – including captive insurers, health maintenance organizations, risk retention groups, and others.
Insurance agents and brokers – including administrators such as third-party administrators and managing general agents.
Financial services companies – companies which sell quasi-insurance products to their consumer finance customers or want to be able to represent insurers in sales of insurance products such as automobile ancillary insurance, gap coverage, mortgage insurance, homeowner’s collateral protection insurance (forced place coverage), and other insurance that protects creditors.
Insurance premium finance companies (IPFCs) – organizations which finance insurance premiums for businesses and individuals.
We are deeply familiar with the wide array of insurance products and the companies involved with those products – from insurance producers, agencies, and companies (including managed-care health insurers) to third-party administrators and reinsurers, as well as manufacturers and other companies that sell insurance products. Our clients include U.S. companies operating regionally and nationally, as well as Japanese, German, and other multinational companies offering insurance products and services to U.S. customers.
Our lawyers pride themselves on being highly creative, as well as accessible and responsive. Many clients who have been with us for decades credit our tenacity with earning their business over the long haul.