Insurance: Transactional & Regulatory
Canada Guide 2025 : Nationwide - Canada
Band 1
Email address
[email protected]Contact number
+1 416 362 1812About
Provided by McCarthy Tétrault LLP
Our unmatched nationwide portfolio of services provides insurance companies, other financial institutions, insurance agencies, brokerages and corporate clients with a roadmap to successfully navigate the complexities of the highly regulated Canadian insurance marketplace. With an uneven tapestry of national, provincial and territorial layers of legislation and regulation, our tested skills and experience smooth the path for our clients.
Our clients look to us for assistance with their most critical insurance and reinsurance transactions. We have deep industry expertise in complex insurance sector transactions, and an established track record in obtaining complex regulatory approvals required to complete insurance transactions.
Our industry expertise is supported by a national integrated delivery model, which affords us the agility and structure to advise our clients on federal and provincial regulatory issues. We help our clients enter and exit the Canadian insurance market. Our depth of experience permits us to effectively and efficiently obtain the regulatory approvals required to establish insurance companies, branches and subsidiaries of global insurance companies at the federal level and the required insurance licences at the provincial and territorial level. We assist Canadian and non-resident insurance agencies and brokerages establish their businesses and obtain the licences required to carry on their businesses.
Chambers Review
McCarthy Tétrault acts across the insurance space on high-value transactions as well as insurance coverage matters. Its M&A and joint venture expertise is supported by an extensive regulatory practice, and by litigators who can handle a diverse range of insurance coverage matters such as E&O liability claims. It also assists international insurers and reinsurers with cross-border transactions and the regulatory considerations of the establishment of operations in Canada. The firm additionally advises on insurance regulatory and licensing issues as well as acting as counsel on demutualisation mandates.
Work Highlights
- McCarthy Tétrault represented Vale Canada in cross-border actions against defendant insurers for indemnity, with Vale's claims being for tens of millions of dollars.
Strengths
Provided by Chambers
"McCarthy Tétrault's service is great and there are always open channels of communication. Responsiveness is consistent with the urgency of the matter at hand."
"They listen to clients' questions and needs and that is reflected in their work product."
"McCarthy has great awareness of the market and of the competitive landscape that is applicable to our business."
"McCarthy Tétrault's service is great and there are always open channels of communication. Responsiveness is consistent with the urgency of the matter at hand."
"They listen to clients' questions and needs and that is reflected in their work product."
"McCarthy has great awareness of the market and of the competitive landscape that is applicable to our business."
Notable Practitioners
Toronto-based Nancy Carroll is a highly experienced insurance lawyer who has been consulted by a number of industry-leading insurers for assistance with both regulatory and transactional issues.
"Nancy Carroll is a pleasure to work with and really understands our business and industry. She has superior knowledge."
"Nancy is great at sharing her knowledge in a format that is clear and understandable at all levels. I enjoy working with her."
"She is a great communicator and has gone above and beyond."
Hartley Lefton is acclaimed for his insurance and regulatory practice. He is further noted for his particular expertise in insurtech.
"Hartley Lefton is an excellent partner and a true trusted advisor."
"Hartley is a pleasure to work with."
"He is very attentive and customer-focused."