Insurance: Transactional & Regulatory
Canada Guide 2025 : Nationwide - Canada
Band 3
About
Provided by Walker Sorensen LLP
Walker Sorensen provides legal counsel to insurers, reinsurers, brokers, and other industry participants, focusing on regulatory compliance, corporate structuring, and transactions. Our services include incorporating and licensing new insurers, registering and licensing foreign branches, and ensuring compliance with domestic insurance legislation and OSFI requirements. We also advise on demutualizations, insurance M&A transactions, assumption reinsurance agreements, and renewal referral agreements. With a deep understanding of the regulatory landscape, we assist clients in navigating both domestic and cross-border insurance and reinsurance matters effectively.
Chambers Review
Walker Sorensen is a Toronto-based law firm with substantial capabilities in insurance mandates. The group notably advises its clients on insurance litigation matters, including casualty insurance. It also holds transactional and regulatory expertise.
Strengths
Provided by Chambers
"Walker Sorensen met each deliverable and provided excellent guidance throughout the project."
"They are creative and pragmatic, and able to apply legal principles to business environments."
"We appreciate the patience of the lawyers and the depth of their research."
"They have a can-do attitude, which we appreciate. They were a natural fit for us."
"Walker Sorensen met each deliverable and provided excellent guidance throughout the project."
"They are creative and pragmatic, and able to apply legal principles to business environments."
"We appreciate the patience of the lawyers and the depth of their research."
"They have a can-do attitude, which we appreciate. They were a natural fit for us."
Notable Practitioners
Toronto-based John Walker of Walker Sorensen LLP is a longstanding practitioner in the Canadian insurance legal market. He is able to advise a number of insurers, brokers and financial institutions on issues ranging from business strategy to licensing.
"John has spent a lifetime in insurance law and understands it like no one else."
Margaret Pak is a partner that expertly advises clients on regulatory insurance matters. She notably supports clients active in the risk management and healthcare space.
"I love working with Margaret. I would always choose to partner with her."
"The advice she gives is often on issues which are not just complicated, but also stressful for us, so having someone very calm who can give impartial advice, is valuable."
"She gets the point across and fights for us. You want her on your side and in your corner when you are trying to to get something done. She is an excellent teammate."
"Margaretis highly responsive and superbly understands the clients' business needs."
Sean Sorensen of Walker Sorensen LLP is an experienced lawyer noted for his work advising insurers and insurance agents. He is looked to for his knowledge of regulatory issues affecting sector clients.
"Sean always provides prompt service and I have full trust in his opinions and recommendations."