Daniel A. Rabinowitz

Partner

New York

T 212.715.9378 F 212.715.8478

[email protected]

Daniel A. Rabinowitz advises clients in the insurance and reinsurance industry on a comprehensive range of transactional and regulatory matters, including mergers and acquisitions, capital markets, reinsurance, structured insurance products, restructurings, securitization and structured finance, reserve financing, pension de-risking, reorganizations, insurance-linked securities, capital standards, group solvency, insurance company investments, and corporate governance. From 2011 to 2014, he served as chair of the Insurance Law Committee of the New York City Bar Association. He is currently serving as a subcommittee chair within that body.

In the area of insurance M&A, Dan was instrumental in obtaining New York and Tennessee insurance regulatory approvals, as counsel, for White Mountains Insurance Group in its $2.6 billion sale of Sirius International to CM International Holding PTE Ltd. in 2016. His recent insurance M&A experience also includes representing National General Holdings in two acquisitions, National Farmers Union Insurance and Direct General Insurance; Stone Point Capital in its acquisition of LegalShield; Lee Equity Partners in its acquisition of K2 Insurance Services; and OneBeacon on insurance matters in its sale to Intact.

In the areas of reinsurance, pension de-risking and structured products, Dan has advised the trustee of HSBC Group’s UK pension scheme on U.S. matters in a £7 billion longevity insurance and reinsurance transaction with Prudential Insurance Co. of America. He also advised six large policyholders of Financial Guaranty Insurance Co. (FGIC) in a proposed $1.9 billion transaction involving Assured Guaranty and FGIC to reinsure and commute certain FGIC obligations. He has also represented holders of surplus notes of MBIA Insurance Corp. in a $325 million senior credit facility for MBIA in connection with claims arising out of MBIA’s exposure to the Zohar collateralized debt obligations. In addition, he assisted a unit of AXA XL in its structured insurance coverage of SHINE Medical Technologies.

In 2021, Dan was named a National Law Journal Trailblazer for Insurance Law. He is recognized by Chambers USA as a leading practitioner in the insurance transactional and regulatory field. According to a Chambers source, he is described as “an amazing insurance regulatory attorney who

Attorney Advertising. ©2021 KRAMER LEVIN NAFTALIS & FRANKEL LLP Prior results do not guarantee a similar outcome. All Rights Reserved. knows all the issues” (2020). He is “particularly strong in understanding the nuances of our unique situation so that he can better advise us on how to accomplish our ultimate objectives” (2021). In 2019, Dan received the Burton Award for Legal Writing for his article in the New York Law Journal, “Do Unto Others — Reciprocity Through the Lens of Insurance Regulation.” Clients describe Dan as a “commercial and business-minded lawyer” who “applies his judgment to provide holistic advice” (2019), “a solution seeker and finder” (2016), and a “subject area expert in terms of both insurance and reinsurance” who is “able to respond quickly to issues that are time-sensitive” (2017).

Experience

 Advised Waterfall Sentinel Fund in its acquisition of Newcleus LLC, a leading provider of employer-owned life insurance and annuity products (with a core focus on bank and credit union institutions), as well as employee benefit design and analysis, compensation consulting and investment strategies.

 Advised Alliant Insurance Services, a leading distributor of diversified insurance products and services in the U.S., in its acquisition of Confie, the largest personal lines insurance distributor in the U.S.

 Advised Zurich Assurance Ltd. as intermediary in Prudential Retirement’s International Reinsurance business’s first reinsurance transaction and third largest U.K. longevity risk transfer transaction to date, involving the transfer of longevity risk associated with $8.4 billion of pensioner liabilities from an unnamed U.K. pension scheme.

 Represented Stone Point Capital LLC in a strategic investment by funds managed by Stone Point Capital in Allied Benefit Systems LLC, a leading independent third-party administrator of group health benefits to self-insured employers.

 Advised EQT Private Equity on insurance matters with regards to its majority investment in Storable, a leading provider of software and technology to the self-storage industry.

 Advised Mitchell | Genex in its acquisition of Coventry Workers’ Comp Services, a leading provider of cost containment technology, clinical service and disability management, from CVS Health.

 Advised preferred shareholders of a New York-domiciled insurer in connection with the insurer’s acquisition. His role included discussions with the transaction parties and the New York Department of Financial Services on treatment of the preferred shares. Dan and his team obtained relief from DFS as well as a dividend at the closing of the acquisition.

 Advised National General Holding Corp. in the acquisition of National Farmers Union Property and Casualty Company from QBE North America. The deal is valued at $52.8 million.

 Advised Lee Equity Partners in its acquisition of K2 Insurance Services, a managing general agent, including K2’s spin-off of Aegis Security Insurance.

KRAMER LEVIN NAFTALIS & FRANKEL LLP 2  Advised the trustee of HSBC Group’s UK pension scheme on U.S. insurance law and commercial law issues in a £7 billion longevity insurance and reinsurance transaction with Prudential Insurance Company of America.

 Represented Alliant Insurance Services, the largest specialty insurance brokerage firm in the U.S., in its agreement to acquire Crystal & Company, a leading global provider of insurance and employee benefits consulting services.

 Represented Stone Point Capital in its acquisition of LegalShield, a subscription-based provider of legal plans and a provider of identity theft solutions, from funds controlled by MidOcean Partners.

 Represented Piper Jaffray & Co., in connection with a Rule 144A/Regulation S offering by The Savings Bank Life Insurance Company of Massachusetts of $57,320,000 aggregate principal amount of 6.50% surplus notes due 2047. The notes were offered in connection with SBLI's concurrent reorganization to a mutual insurance company.

 Represent six policyholders of Financial Guaranty Insurance Co. in a proposed transaction with FGIC and Assured Guaranty Ltd. that offers distribution of approximately $1.9 billion in cash to commuting FGIC policyholders and holders of FGIC deferred payment obligations in FGIC’s noninvestment-grade portfolio. The transaction would also involve Assured’s providing 100 percent quota share reinsurance on FGIC’s investment-grade portfolio and excess-of-loss cover on the remaining noncommuted policies in the noninvestment-grade book.

 Represented Stone Point Capital LLC in its acquisition of NFP’s Advisor Services business, which provides broker-dealer and registered investment adviser support to independent financial advisers.

 Represented Surplus Noteholders of MBIA Insurance Corp. in a commitment agreement to provide MBIA with $325 million of secured financing.

 Advising National General Holdings Corp. on insurance and related regulatory issues in connection with its acquisition of Elara Holdings Inc., the parent company of Direct General Corp., a Tennessee-based auto and life insurance company.

 Represented White Mountains Insurance Group on regulatory matters in connection with its sale of Sirius International Insurance Group to CM International Holding PTE Ltd., the Singapore based investment arm of China Minsheng Investment Corp. Ltd.

 Represented ACP Re Ltd. in its acquisition of Tower Group International Ltd.

 Represented AmTrust Financial Services Inc., a multinational insurance holding company, in its acquisition of Warranty Solutions, a Wells Fargo company, which provides vehicle service contracts and auto-related finance and insurance products to automobile dealerships nationwide.

KRAMER LEVIN NAFTALIS & FRANKEL LLP 3  Represented Royal Bank of Canada in the sale of Liberty Life Insurance to Athene Holding and Protective Life.

 Represented AIG in a number of matters, including the sale of ALICO to MetLife, U.S. regulatory applications relating to the proposed sale of AIA to Prudential plc, the divestiture of Transatlantic Re by means of registered share offerings, the sale of Hartford Steam Boiler to Munich Re, the establishment of Maiden Lane II (restructuring of portfolio of distressed assets) and the purchase of Maiden Lane III securities from NY Fed.

 Advised ING Groep N.V. on the U.S. insurance regulatory aspects of a risk transfer transaction with the Dutch State covering an Alt-A RMBS portfolio.

 Advised IPC Holdings in its acquisition by Validus Holdings, following the termination of consolidation with Max Re.

 Advised Paris Re in its acquisition by PartnerRe.

 Represented a major monoline insurer in the divestiture of financial guaranty risks by reinsurance.

 Represented a multiline insurer in a managed runoff of an offshore financial guaranty insurer by reinsurance and share buyback.

 Represented Goldman Sachs in the acquisitions of life and annuity businesses from Hanover Insurance Group.

 Represented a major insurance group in a series of structured transactions involving approximately $12 billion in proprietary investments.

 Represented the initial purchasers in Rule 144A offerings of $1.4 billion of surplus notes and senior notes by Pacific Life.

 Obtained U.S. insurance regulatory approvals for AXA in connection with its acquisition of Winterthur from Credit Suisse.

 Represented Tokio Marine on its acquisition of Philadelphia Consolidated.

 Represented John Hancock in its sale to Manulife.

 Represented Prudential in its demutualization and related capital-raising transactions totaling $3 billion in deal value.

 Represented Western & Southern Life in its conversion to mutual holding company status.

 Represented NY Public Asset Fund, a special-purpose state funding entity, in the conversion of Empire Blue Cross Blue Shield to for-profit status and a related intial public offering, with deal value exceeding $400 billion.

KRAMER LEVIN NAFTALIS & FRANKEL LLP 4  Advised AXA and Osiris Capital in connection with the securitization of life insurance mortality risk through a catastrophic mortality bond offering, the first catastrophic mortality program structured for a primary insurance company, and the first catastrophic mortality bond offering to include both euro-denominated and U.S. dollar-denominated notes.

 Advised AXA and Aura Re in catastrophe bonds covering European natural catastrophe risk.

 Advised Allianz and Blue Fin in catastrophe bond issuances.

 Represented Allianz in its investment in Hartford Financial Services Group.

 Represented the initial purchasers in first-of-kind credit for a reinsurance collateral facility for a leading Bermuda life reinsurer, raising $325 million in proceeds.

 Advised a major U.S. life insurer on a triple-X financing provided by a leading investment bank.

 Represented an investor’s manager in the purchase of $17.5 million of newly issued surplus notes of a catastrophe insurance company.

 140 West St. (Magnum)

Perspectives

Publications  Author, Bond ETFs Could Be Treated as Debt for NY RBC Purposes (Sept. 27, 2021)

 Co-author, New NAIC Guidance to Focus on Funds’ Derivatives Activity (Aug. 11, 2021)

 Author, Insurance Journal: Insurance Commissioner, Acting as Liquidator of RRG, Is Not a ‘Governmental Authority’ (July 22, 2021)

 Author, Insurance Commissioner, Acting as Liquidator of RRG, Is Not a “Governmental Authority” (July 15, 2021)

 Author, NAIC Issues Guidance on Credit for Reinsurance (June 22, 2021)

 Co-author, COVID-19 Legal Resource Guide, Emerging From COVID — Transaction Techniques in Insurance M&A and Bulk Annuity Deals (June 09, 2021)

 Author, NCOIL Model Act Could Facilitate “Good Bank/Bad Bank” Insurance Structures (June 02, 2021)

 Author, NAIC Considers PBM Regulation; Additional Requirements Possibly on Tap (April 13, 2021)

 Author, COVID-19 Legal Resource Guide, NY Insurance Regulator Imposes New Pandemic, Climate, Cyber Requirements for Enterprise Risk (April 02, 2021)

 Author, NY DFS Imposes New Diversity Standards for NY Insurers (March 18, 2021)

KRAMER LEVIN NAFTALIS & FRANKEL LLP 5  Author, NAIC – Disclaimer Does Not Affect ‘Related Party’ Status (March 17, 2021)

 Author, Four Current Regulatory Risks Facing US Insurers (Feb. 16, 2021)

 Co-author, Announcing ‘Cyber Insurance Risk Framework,’ NY DFS Joins OFAC in Discouraging Carriers From Making Ransomware Payments (Feb. 09, 2021)

 Author, COVID-19 Legal Resource Guide, Washington State Bill Would Read 'Deprivation' into 'Physical Loss,' Require BI Policies to Cover Pandemic Losses (Feb. 01, 2021)

 Author, COVID-19 Legal Resource Guide, NAIC Working Group Extends Guidance on Restructuring Troubled Debt (Jan. 29, 2021)

 Author, NY DFS Adjusts Reserving Requirements for In-Force Variable Business (Jan. 05, 2021)

 Author, What Insurance Pros Should Know About MGA Regulation (Dec. 21, 2020)

 Author, NY DFS to Amend Credit-for-Reinsurance Regs to Conform to Covered Agreements (Dec. 15, 2020)

 Author, NAIC Draft Would Add Group Capital Calculation to Holding Company Requirements (Oct. 27, 2020)

 Author, Pandemic Legislation: Lessons from the U.S. Terrorism Response (Oct. 15, 2020)

 Author, Industry Voices Concerns on Group Capital Calculation (Sept. 09, 2020)

 Author, COVID-19 Legal Resource Guide, NY DFS Re-adopts Emergency Risk Adjustment Pool for COVID-19-Related Sick Leave (Aug. 27, 2020)

 Author, Indexed Life Insurance Illustrations – NAIC Adopts Guidance over NY Dissent (Aug. 18, 2020)

 Author, COVID-19 Legal Resource Guide, NAIC to Permit Expensing of Some Premium Refunds (Aug. 12, 2020)

 Author, COVID-19 Legal Resource Guide, At NAIC Summer National, CMS Announces Guidance on COVID-19 Premium Credits (Aug. 05, 2020)

 Author, NAIC’s SAPWG Advances Exposure Drafts at Virtual Summer National Meeting (Aug. 04, 2020)

 Author, Best’s Review: Next Steps (Aug. 03, 2020)

 Author, COVID-19 Legal Resource Guide, NY Health Insurers May Resume Preauthorizations, Other Utilization Review Measures (June 29, 2020)

 Author, COVID-19 Legal Resource Guide, NAIC Adopts Guidance on Premium Refunds (June 23, 2020)

KRAMER LEVIN NAFTALIS & FRANKEL LLP 6  Author, NAIC Issues Draft Guidance on Group Capital Calculation (June 17, 2020)

 Author, NY DFS Regulations Allow Superintendent to be Group-Wide Supervisor (June 04, 2020)

 Author, COVID-19 Legal Resource Guide, NY DFS Adopts Risk Adjustment Pool for COVID-19- Related Sick Leave (June 03, 2020)

 Author, COVID-19 Legal Resource Guide, NAIC Offers Additional Accounting Guidance for Pandemic-Affected Insurers (May 06, 2020)

 Co-author, New York DFS Warns Industry of Heightened Cyber-risks (May 01, 2020)

 Speaker, COVID-19 Legal Resource Guide, Kramer Levin’s COVID-19 Webinar Series - Insurance Industry in the Time of COVID-19: Transactional Considerations and Regulatory Developments (April 23, 2020)

 Co-author, COVID-19 Legal Resource Guide, Considering Using Dry Powder on an Insurance Deal? 8 Things to Know Now (April 14, 2020)

 Author, COVID-19 Legal Resource Guide, A.M. Best Radio Interviews Dan Rabinowitz on COVID-19 Effects on Insurance Industry (April 07, 2020)

 Author, COVID-19 Legal Resource Guide, New York Allows Premium Deferral for One Year; Louisiana Suspends Policy Cancellations (March 30, 2020)

 Co-author, Wyoming to Permit Insurers to Invest in Digital Assets (March 27, 2020)

 Co-author, COVID-19 Legal Resource Guide, Bank Regulators, Including the FDIC, Urge Financial Institutions To Collaborate With Pandemic-Affected Customers, Indicating a Flexible Approach (March 25, 2020)

 Co-author, COVID-19 Update: Bank Regulators, Including the FDIC, Urge Financial Institutions To Collaborate With Pandemic-Affected Customers, Indicating a Flexible Approach (March 25, 2020)

 Co-author, Reserves and Capital Adequacy – Insurers, Consider the Pandemic Carefully. Your Regulators Will. (March 20, 2020)

 Co-author, COVID-19 Legal Resource Guide, Reserves and Capital Adequacy – Insurers, Consider the Pandemic Carefully. Your Regulators Will. (March 20, 2020)

 Co-author, COVID-19 Legal Resource Guide, Legal Issues Affecting Your Business Amid the Coronavirus Outbreak and Market Turmoil (March 16, 2020)

 Author, US Insurance Company Acquisitions – Navigating the Regulatory Waters (Jan. 08, 2020)

 Author, NAIC, Industry Wrangle Over Key Aspects of Insurer Capital, Solvency Regulation (Dec. 11, 2019)

KRAMER LEVIN NAFTALIS & FRANKEL LLP 7  Co-author, NAIC Targets Collateralized Fund Obligations (November 1, 2019)

 Co-author, Under Recent New York Case, You May Be Liable for Interest on Unclaimed Property (Oct. 21, 2019)

 Author, Investments by Insurers: How They’re Regulated and Why It Matters (Oct. 15, 2019)

 Author, Fed Proposes Capital Rule for S&L-Owning Insurers ― What You Need to Know (Sept. 25, 2019)

 Co-author, Acquiring a Life Insurer — Things You Need to Know Now (Sept. 09, 2019)

 Co-author, Federal Agencies Announce Reforms to Volcker Rule (Sept. 03, 2019)

 Co-author, NY Regulatory Guidance on AI Illustrates Compliance Challenges (Aug. 01, 2019)

 Author, NAIC Task Force Advances Credit for Reinsurance Reforms in Response to Covered Agreements (May 21, 2019)

 Author, Maryland Legislation Would Impose Fiduciary Standard On Insurance Producers (Feb. 19, 2019)

 Co-author, US, UK Enter Into ‘Covered Agreement’ on Reciprocity in Insurance Regulation (Jan. 03, 2019)

 Author, Do Unto Others—Reciprocity Through the Lens of Insurance Regulation (Oct. 15, 2018)

 Author, Feds Announce Proposal to Simplify, Tailor Volcker Rule (Aug. 01, 2018)

 Author, Treating Debt as Equity — Emerging Standards in Insurance Regulation (April 30, 2018)

 Author, Regulation of Thrift-Holding Insurers May Shift to States (March 20, 2018)

 Author, Congress Considers Additional Refinements to Dodd-Frank, Addressing Duplicative Regulation of Insurers and Thrift Holding Companies (March 19, 2018)

 Author, Treasury Review of FSOC’s Systemic Risk Oversight Recommends Activities-Based Approach (Jan. 02, 2018)

 Author, Rethinking Systemic Risk (Dec. 27, 2017)

 Co-author, Trump Administration Issues Guidance on Asset Management and Insurance Regulation (Dec. 01, 2017)

 Co-author, Interval Alts and Insurance-Linked Securities (Nov. 08, 2017)

 Author, Capital Requirements for Insurance Businesses: What They Are, Why They Matter (Oct. 16, 2017)

KRAMER LEVIN NAFTALIS & FRANKEL LLP 8  Co-author, Summer 2017 Sees Hot Developments in Regulating Insurer Capital and Life Reserve Financing (Sept. 11, 2017)

 Author, Non-consolidation and True Sale Issues for Insurance Company Sponsors — Part One (July 31, 2017)

 Author, Non-consolidation and True Sale Issues for Insurance Company Sponsors — Part Two (July 31, 2017)

 Co-author, Capital Standards for US Insurers – What’s New? (July 13, 2017)

 Co-author, A Look at Credit Agreements in Insurance (June 08, 2017)

 Co-author, US, EU Enter Into Covered Agreement on Insurance; Congress Reacts (March 01, 2017)

 Co-author, US, EU Enter Into Covered Agreement on Insurance (Jan. 27, 2017)

 Author, What Happens to the ‘Insured vs. Insured’ Exclusion After the St. Paul Mercury Decision? (Dec. 19, 2016)

 Co-author, Post-Election Outlook – Key Issues Affecting Insurers (Nov. 21, 2016)

 Co-author, NAIC Summer National Meeting – Insurance Regulators Seek Comment on Group Capital Requirements (Sept. 15, 2016)

 Co-author, Insurance Regulators Propose New Guidelines for Reviewing Acquisitions (Sept. 14, 2016)

 Co-author, International Insurance Body Announces New Standards for Identifying Globally Important Insurers (Sept. 07, 2016)

 Co-author, Capital Standards for Insurance Groups: What's Next? (Aug. 10, 2016)

 Author, Insurance Regulators Propose New Guidelines for Reviewing Acquisitions (July 28, 2016)

 Co-author, International Insurance Body Announces New Standards for Identifying Globally Important Insurers (June 22, 2016)

 Editor, Funds Talk: March 2016 (March 01, 2016)

 Author, Trending Risk Transfer Techniques Challenge Legal Conventions (March 2016)

 Co-author, For NY-Domiciled Life Insurers, 2016 Brings New Flexibility on Governance, Dividends (Feb. 25, 2016)

 Co-author, NAIC Moves Ahead on Capital Requirements, Redundant Life Reserves, and More (Feb. 25, 2016)

 Co-author, For NY-Domiciled Life Insurers, 2016 Brings New Flexibility on Governance, Dividends (Jan. 08, 2016)

KRAMER LEVIN NAFTALIS & FRANKEL LLP 9  Co-author, NAIC Tackles Capital Requirements, Redundant Life Reserves and More at Fall National Meeting (Dec. 04, 2015)

 Editor, Funds Talk: December 2015 (Dec. 01, 2015)

 Editor, co-author, Funds Talk: November 2015 (Nov. 02, 2015)

 Co-author, NAIC Proposes Tougher Risk-Based Capital Requirements and Disclosures on Investment Affiliates, Reserve Funding Transactions (Oct. 07, 2015)

 Editor, Funds Talk: October 2015 (Oct. 01, 2015)

 Co-author, New York Enacts Regulatory Safe Harbor for Group Life and Group A&H Insurance Sales to Multinational Clients Covering Non-US Employees (Aug. 18, 2015)

 Co-author, NY Enacts Regulatory Safe Harbor for Group Life and Group A&H Insurance Sales to Multinational Clients Covering Non-US Employees (July 31, 2015)

 Co-author, Senate May Soften Dodd-Frank’s Blow to Insurers (June 04, 2015)

 Co-author, Insurance Alert: Draft Senate Bill Would Curb Dodd-Frank's Effects on Insurers (May 20, 2015)

 Author, Insurance Alert: NY Insurance Regulators Issue Guidance on Cyber Security, Including ERM Aspects (Feb. 18, 2015)

 Author, Insurance Alert: Financial Body Releases Survey Results on Credit Risk (Feb. 13, 2015)

 Author, Use of Credit Ratings in Capital Requirements for Insurers - The Collins 'Fix' (Oct. 14, 2014)

 Co-author, Insurance Practice Group Alert: Use of Credit Ratings in Capital Requirements for Insurers -- The Collins "Fix" (Aug. 19, 2014)

 Author, A Continually Changing Landscape for Insurers (June 16, 2014)

 Co-author, Insurance Practice Group Alert: Capital Requirements for Insurers under Collins Amendment -- the Saga Continues (May 12, 2014)

 Co-author, Insurance Practice Group Alert: Proposed GSE Reforms Could Subject Private Mortgage Insurers to Federal Approval Requirements (April 07, 2014)

 Co-author, Insurance Practice Group Alert: NAIC to Consider Additional Holding Company Act Changes in 2014 (March 19, 2014)

 Co-author, Insurance Practice Group Alert: Senate Bill Would Enhance Fed's Ability to Tailor Capital Requirements for Insurers (March 13, 2014)

 Co-author, Insurance Practice Group Alert: NAIC Provides ORSA Guidance in New Feedback to Industry (Feb. 04, 2014)

KRAMER LEVIN NAFTALIS & FRANKEL LLP 10  Co-author, Insurance Practice Group Alert: NY Insurance Regulator Proposes New Enterprise Risk and Group Solvency Requirements (Jan. 13, 2014)

 Co-author, Insurance Practice Group Alert: Federal Insurance Office Issues Long-Awaited Modernization Report (Dec. 17, 2013)

 Author, Insurance-Linked Securities (Dec. 17, 2013)

 Author, Making Common Sense of the Common Framework (Nov. 13, 2013)

 Co-author, Insurance Practice Group Alert: Global Insurance Body Issues Draft Framework for Regulation Including Capital Adequacy (Oct. 21, 2013)

 Co-author, Funds Talk: October 2013 (Oct. 14, 2013)

 Author, Controlling a U.S. Insurance Company — Key Regulatory Basics That Funds Need To Know (Sept. 26, 2013)

 Co-author, Funds Talk: September 2013 (Sept. 17, 2013)

 Author, Minority Investments in U.S. Insurance Companies - Rebutting the Presumption of 'Control' (Feb. 29, 2012)

 Author, The Evolution Will Not Be Televised - Detecting Patterns in the Ongoing Insurance Regulatory Policy Response to the 2008 Financial Crisis (Winter 2011)

 Author, DFA + 1 - An Insurance-Industry Retrospective on Dodd-Frank, One Year On (July 31, 2011)

 Author, NAIC Approval of 'Supervisory Colleges' Leaves Key Implementation Issues Unresolved (April 12, 2011)

 Author, NAIC Amendments to Prompt Changes in Review of M&A Filings (Jan. 11, 2011)

 Author, NAIC Amendments to the Holding Company Act - Tenor Shifts Toward Enterprise Risk (December 2010)

 Author, The Winding Road to Reward (December 2004)

Speaking Engagements  Panelist, Practising Law Institute’s Fund Finance 2021 (Nov. 17, 2021)

 Panelist, New York City Bar Association’s Current Issues in Insurance Regulation 2021 (Sept. 24, 2021)

 Speaker, Rendez-Vous de Septembre Insurance/Reinsurance Transactional and Regulatory Developments (Sept. 13, 2021)

 Speaker, International Bar Association’s Insurance Conference – Beyond COVID (March 18, 2021)

KRAMER LEVIN NAFTALIS & FRANKEL LLP 11  Speaker, Lawline’s Navigating Regulatory Issues in Insurance Businesses Webinar (May 18, 2020)

 Speaker, National Academy of Continuing Legal Education’s Acquisitions of Insurance Businesses (May 01, 2020)

 Speaker, National Academy of Continuing Legal Education’s Acquisitions of Insurance Businesses Webinar (April 30, 2020)

 Co-chair, moderator, New York City Bar Association’s M&A for Insurance Businesses (Sept. 26, 2019)

 Speaker, Re Contracts: The Art of Designing Reinsurance Contracts and Programs (July 25, 2019)

 Speaker, Captive Lab: From BEPS to BEATS – Is Multilateralism Still Alive? (July 03, 2019)

 Speaker, American College of Investment Counsel’s Key Investment Topics in State Insurance Law Webinar (Nov. 08, 2018)

 Co-chair, moderator, New York City Bar Association’s Insurance-Linked Securities: Basic Structures and Current Trends program (June 11, 2018)

 Moderator, Kramer Levin Cyber Insurance Panel Discussion: Cyber Insurance Considerations for Funds (March 27, 2018)

 Speaker, National Conference of Insurance Guaranty Funds Fall Workshop (Nov. 02, 2016)

 Speaker, Current Issues in New York Medical Malpractice (May 23, 2016)

 Speaker, Current Issues In Insurance Regulation 2016 (April 15, 2016)

 Speaker, American College of Investment Counsel's 2014 Fall Annual Meeting (Oct. 16, 2014)

 Speaker, ACI’s Advanced Forum on Insurance-Linked Securities (July 28, 2014)

 Speaker, Kramer Levin Seminar: Catch the Trend: Life Insurers, Private Funds and Capital Requirements – Issues & Insights (Nov. 21, 2013)

 Speaker, CEB Risk Management Teleconference on ORSA Preparation (June 25, 2013)

 Speaker, New York City Bar Association Program: Implementation of the Affordable Care Act: Implications for 2014 and Beyond (March 21, 2013)

 Speaker, AIRROC Networking/Commutation Conference 2013 (March 05, 2013)

 Speaker, American College of Investment Counsel: 2012 Annual Meeting and Education Conference (Oct. 25, 2012)

 Speaker, Reinsurance Association of America Program on Re Contracts (July 18, 2012)

KRAMER LEVIN NAFTALIS & FRANKEL LLP 12  Speaker, SNL Center for Financial Education Webinar: Insurance Enterprise Risk Management (June 14, 2012)

 Speaker, New York City Bar Association Program on 2010 Health Care Reforms (June 01, 2010)

 Speaker, City Bar Center: CLE Program on Reinsurance & Regulations (March 03, 2010)

Recognition

 The National Law Journal’s 2021 Trailblazers: Insurance Law (2021)

 Chambers and Partners’ Chambers USA (2015 – 2021)

 IFLR1000 (2019)

 Woodward White Inc.’s Best Lawyers in America (2018 - 2021)

 Law Business Research Limited, Who's Who Legal (2017 - 2021)

 Legalease’s Legal 500 US (2018)

 Burton Award, Distinguished Legal Writing (2019)

 Thomson Reuters' New York Super Lawyers* (2016 - 2020)

 Marvin Frankel Pro Bono Award (2018, 2019)

Credentials

Education  J.D., University of Chicago Law School, 1994

 A.B. in politics and history (double concentration), magna cum laude, Phi Beta Kappa, Brandeis University, 1991

Bar Admissions  New York, 1995

Professional Affiliations  New York City Bar Association, Member and Past Chair of the Committee on Insurance Law

 Law360 Insurance Editorial Advisory Board (2017)

 International Bar Association, Member of the Insurance Law Committee, Former Chair of Insurance Regulation Subcommittee

KRAMER LEVIN NAFTALIS & FRANKEL LLP 13