Insurance: Transactional & Regulatory
USA Guide 2024 : USA - Nationwide
Band 2
About
Provided by Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates
Skadden represents insurance and reinsurance companies and their financial advisors and underwriters in a wide variety of corporate transactions, including mergers and acquisitions, public and private financings, restructurings and reorganizations globally. We also represent insurance and reinsurance companies in corporate litigation, as well as insurance coverage litigation, and provide a broad range of regulatory advice to insurance entities and their advisers.
We were ranked in the top tier by U.S. News — Best Lawyers “Best Law Firms” 2017 and among the top firms for insurance by Chambers USA 2017. Skadden was named the winner of the 2015 Legal 500 US Award for Insurance. We also were ranked in the top tier for deal value and number of deals among legal advisers representing insurance companies in M&A transactions in SNL Financial’s 2015 rankings.
Chambers Review
Skadden fields a renowned M&A practice that also demonstrates regulatory strength, enabling it to oversee an impressive array of highly sophisticated transactions in the insurance industry. Bolstered by deep relationships with major financial institutions, it also manages company formations, restructurings, capital raising and reinsurance and has notable expertise in the property, casualty, life and health spheres. The team handles complex international matters including those involving Europe, Bermuda and South America and offers significant experience advising a wide range of clients including specialty insurers and reinsurance providers.
Work Highlights
- Skadden advised Liberty Mutual Insurance Company on the $1.5 billion sale of its Liberty Seguros personal and small commercial businesses in Latin America to HDI International, as well as the $2.5 billion sale of Liberty Seguros in Spain to Generali Group.
Strengths
Provided by Chambers
"Skadden is a one-stop shop with excellent depth and experience in all legal areas critical to us."
"They are particularly good at distilling technical legal issues into recommendations that non-lawyers can act on."
"Skadden is our go-to firm for the most complex and sophisticated matters."
"Skadden is a one-stop shop with excellent depth and experience in all legal areas critical to us."
"They are particularly good at distilling technical legal issues into recommendations that non-lawyers can act on."
"Skadden is our go-to firm for the most complex and sophisticated matters."
Notable Practitioners
Todd Freed leads Skadden's insurance M&A practice and is well respected for his expertise in a wide range of matters, including the formation of joint ventures and capital-raising transactions. His clients include bidders, target companies, private equity firms and investment banks.
"He is hands-down the best transaction lawyer I have ever worked with. He offers supernatural levels of service, sophistication and commercial vision."
"He's very smart and experienced, he handles a lot of M&A."
"Todd is one of the best in the business. He is incredibly thoughtful and always available and willing to engage in questions."