Sullivan & Cromwell LLP

Sullivan & Cromwell provides dedicated insurance expertise in corporate, M&A, capital markets, private equity, risk transfer, insurance regulatory, tax and litigation matters to some of the largest U.S. and non-U.S. insurance and reinsurance companies and intermediaries. The Firm represents and has broad transactional experience involving life, property/casualty, health and managed care, financial guaranty and other specialty line and multiline companies, as well as agents, brokers and reinsurance intermediaries, and has in-depth expertise in, among other things:

• Mergers, acquisitions and other change-of-control transactions, including the insurance regulatory approvals and filings incident thereto
• Financings and related disclosure requirements
• Regulatory investigations
• Offshore insurers and reinsurers
• Reinsurance transactions
• Insurance derivatives, insurance risk securitization, transformer vehicles and captives
• Demutualizations and mutual holding company structures
• Sarbanes-Oxley disclosure and corporate governance matters
• Gramm-Leach-Bliley, consolidation of financial services activities and regulation, and permitted insurance activities of banks
• Antitrust and the McCarran-Ferguson Act
• The Terrorism Risk Insurance Act of 2002
• U.S. taxation of insurance companies
• European Union matters.

The Firm also advises on major policy coverage issues, particularly with respect to environmental and product liability coverages, and provides litigation expertise involving insurance and reinsurance coverage and claims matters and other disputes.

The Firm deals on a frequent basis with insurance departments in New York and other states, as well as foreign regulators.

Practice Contacts

Robert G. DeLaMater
New York
P +1-212-558-4788
F +1-212-558-3588
[email protected]

Andrew S. Rowen
New York
P +1-212-558-3896
F +1-212-558-3588
[email protected]

William D. Torchiana
Paris, New York
P +33-1-7304-5890
F +33-1-7304-1010
[email protected]

Sullivan & Cromwell is committed to fostering a diverse and inclusive work environment. We believe that diversity is vital to the Firm’s ability to provide our clients with the highest level of service. Accordingly, the Firm’s culture and policies value the unique abilities and perspectives of every individual and support diversity in its broadest sense, including race, gender, ethnicity, sexual orientation, gender identity, gender expression, disability and religious affiliation. 

The Firm’s Diversity Committee, which is charged with assisting in the development of a diverse and inclusive workforce, is comprised of lawyers who hold positions of leadership and influence within the Firm. A member of the Firm’s Management Committee co-chairs the Diversity Committee. Other members of the Diversity Committee include the Firm’s senior chairman, practice group managing partners, hiring partners, assigning partners, chairs of the Firm’s associate affinity networks, and chairs of the Women’s Initiative Committee. The Firm also has a Diversity Management Department (“DMD”), which is charged with developing, implementing and coordinating the Firm’s diversity and inclusion initiatives, events and programs. Realizing the importance of an integrated approach, the DMD works closely with our Recruiting, Professional Development and Legal Personnel Departments to monitor the effectiveness of our extensive diversity initiatives and programs to further the Firm’s mission.

This ongoing commitment has led to great results, including the increased diversity of our partnership. As of January 1, 2013, the Firm had elected thirty-nine partners worldwide in the prior six years; of these thirty-nine partners, thirteen are women, eleven are minorities, and one is openly gay.

In its most recent rankings, Vault listed S&C as among the “20 Best Law Firms for LGBT Diversity.” In addition, MultiCultural Law magazine has named S&C to its annual lists of the “Top 100 Law Firms for Women” and “Top 100 Law Firms for Diversity” for several years, including most recently in 2012. Click here for Diversity Recognitions.

In addition, our lawyers have diverse backgrounds; they speak over 30 languages fluently and they come from approximately 40 different countries and 150 different law schools.