At TTH, we understand that as the world evolves, so must the insurance industry. From technological innovation that gave birth to InsurTech firms and emerging insurance issues, to changing regulations and judicial systems that can appear as unpredictable as the weather, insurers need a firm that is both sophisticated and versatile. When an adverse ruling is handed down in one jurisdiction, insurers want a firm that proactively counsels them on their own policies and practices to determine if a change should be made in that and other states so as to minimize unforeseen risks and exposures.
Our deep experience in the business of insurance comes from not only working with industry professionals for nearly 50 years, including property and casualty insurers, professional malpractice insurers, reinsurers, surplus lines companies and self-funded alternative risk organizations, captives, agencies and brokerages, but also from our experience before various state and federal courts, arbitration panels and departments of insurance. Our regulatory attorneys pride themselves on staying abreast of emerging issues and trends, which is crucial to policy and claims management.
Insurers turn to TTH to represent them in regulatory, compliance, litigation and related matters addressing insurers’ practices, including matters involving market conduct exams and enforcement actions by regulatory agencies throughout the United States. TTH is also involved in policy drafting to help clients ensure that it meets their and policyholders’ needs.
Our regulatory team has experience with all lines of insurance. Our services include:
• Compliance risk assessment services.
• Consulting services on emerging regulatory and legislative issues.
• Evaluation and development of compliance procedures, programs and controls.
• Assistance in developing new products, product enhancements, and obtaining regulatory approvals.
• Internal compliance audits.
• Guidance during investigations and market conduct exams.
• Due diligence reviews of insurance operations.
• Shepherding corporate transactions through the regulatory process.