Insurance, Reinsurance, Investigations & Risk Management

Insurance Transactions & Insurtech

Mintz Levin’s Insurance Transactions & Insurtech team is a national practice comprised of leading attorneys with a wealth of practical insurance industry experience. We understand the unique aspects of the insurance industry and the perspectives of the full spectrum of market players. Our in-depth industry and regulatory knowledge makes us well positioned to address the complexities associated with transactions involving insurers, reinsurers, brokers, and financial service related entities.

We are market leaders in the area of Insurtech, assisting venture capital firms with valuation and business plan assessment in the context of regulatory compliance. We also help entrepreneurs shape new technology within the global insurance regulatory framework and utilize our risk management and policy drafting experience to help create new insurance products and processes. We have experience with peer-to-peer app based and data-driven insurance solutions. We frequently and successfully initiate introductions between our start-up clients and our network of angel investors, venture capital firms and insurance carriers with the goal of bringing innovative products to market quickly.

We call upon Corporate & Securities, Litigation, Tax, and Executive Compensation attorneys dedicated to the insurance industry to employ a team approach to everything from seed funding and the selection of operating structures to mergers and acquisitions. These attorneys have an intimate understanding not only of the anatomy of a deal, but also the nuances particular to insurance industry transactions. Relatedly, our team has deep experience in all stages of working with emerging companies, from early or seed-stage investments through subsequent multi-investor and late-stage financings, and IPOs.


Websites

MintzEdge

Rankings & Recognitions

  • Practice ranked nationally and regionally by U.S. News & World Report and Best Lawyers in “Best Law Firms”
  • Attorneys ranked by Chambers USA, Best Lawyers, and Super Lawyers
  • Serve on advisory board to Insurtech start-up

REPRESENTATIVE EXPERIENCE

  • In December, attorneys from Mintz Levin represented venture capital firm General Catalyst in a $33 million Series B investment in Lemonade, Inc., a peer-to-peer insurance start-up. The investment comes less than two months after the Insurtech company launched in New York, and less than a year after announcing its seed round. Lemonade has received major attention as an innovator and leader of the Insurtech space, where Mintz Levin has deep experience. 
  • Represented venture capital firm in a $33 million Series B investment in a peer-to-peer insurance startup.
  • Completed the structuring, documentation, and implementation for a $2.3 billion shelf registration statement for a medium term note program, including new investment products and a trust agreement.
  • Handled the negotiation, documentation, and closing of a $500 million acquisition of a fixed universal life insurance block of business.
  • Completed the purchase of a "shell" life and health insurance company with licenses in 48 states, including due diligence of multiple potential targets, and negotiation and documentation of the purchase and closing.
  • Represented a financial institution in the sale of its personal lines property and casualty operations in 47 states to a leading global property and casualty insurance provider.
  • Completed the sale of an Argentine property and casualty insurance company working with local Argentine counsel.
  • Completed the purchase, sale, and de novo establishment of insurance agencies.
  • Represented a state insurance department on regulatory matters with respect to the acquisition of one insurance provider by another insurance provider, which included a two-day form A hearing.
  • Completed the purchase of a book of property casualty business for a mutual insurance company.
  • Advised on the structuring and documentation for an affiliation (purchase) transaction with a troubled mutual insurance company.
  • Advised on the structure and regulatory aspects of an insurance agency/BD/RIA joint venture.
  • Provided regulatory compliance analysis for equity investment and disclaimer of control for investment in an insurance company.

REPRESENTATIVE CLIENTS

  • Energetic Insurance
  • Sure, Inc.
  • Embroker
  • General Catalyst
  • BenRevo
  • SI Play

Upcoming

Past