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Insurance Corporate Regulatory


New technologies, increasing customer expectations and emerging risks are transforming the insurance industry.
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Overview

Fasken is a leading advisor to all players in the insurance sector – P&C and life insurers, reinsurers, agents and brokers and insurtech companies. As the insurance industry expands, we advise new entrants, both to Canada and to the insurance world, on how to successfully implement their plans.  

Our lawyers combine transactional and regulatory expertise, thereby allowing the same team to provide seamless advice on M&A, reinsurance, distribution arrangements, and other matters.

With our national practice, we have extensive experience dealing with regulators at the federal level, including the Office of the Superintendent of Financial Institutions, and at the provincial levels. Our lawyers in B.C., Ontario and Quebec have extensive experience dealing with BC Financial Services Authority (BCFSA), Financial Services Commission of Ontario (FSCO) and the Autorité des marchés financiers (AMF).  

Subscribe to our, “Financial Institutions Bulletin”, browse our recent work or contact any of our lawyers for answers to your questions about how we might assist in meeting the necessary regulatory requirements for your plans.

Achievements

Team

Primary Contacts
  • Koker Christensen, Partner | CO-LEADER, FINANCIAL SERVICES, Toronto, ON, +1 416 868 3495, kchristensen@fasken.com
  • Nicolas Faucher, Partner | Co-Leader, Financial Services | Co-Chair of the Corporate/Commercial Regional Section, Montréal, QC, +1 514 397 5114, nfaucher@fasken.com
  • Sylvie Bourdeau, Partner, Montréal, QC, +1 514 397 4388, sbourdeau@fasken.com
  • Kareen A. Zimmer, Partner, Vancouver, BC, +1 604 631 4775, kzimmer@fasken.com

Client Work

  • Intact Insurance Company et al. defeats appeal from success at common issues trial relating to business interruption insurance arising from the COVID-19 pandemic, [Case - Intact Insurance Company, Novex Insurance Company and Royal & Sun Alliance], The largest provider of property and casualty insurance in Canada has defeated an appeal from a successful class action common issues trial relating to business interruption insurance and COVID-19.
  • H.W. International B.V. sells its North American operations to Risk Strategies, [Deal - H.W. International B.V.], Global, privately-owned insurance broker completes sells North American operations to United States brokerage firm.
  • Equisoft secures $125M in equity investment, [Deal - Equisoft Inc.], Equity investment for Equisoft
  • AGA Benefit Solutions acquires J&D Benefits, [Deal - AGA Financial Group Inc.], By acquiring J&D, AGA becomes one of the country’s largest players in the field of benefits.
  • The Independent Order of Foresters in its subordinated debentures offering, [Deal - The Independent Order of Foresters]
  • Intact Financial acquires Canadian Direct Insurance, [Deal - Intact Financial Corporation]
  • The Co-operators acquires Premier Group of Companies, [Case - Confidential Client]
  • Esurance expands into Canada with the launch of Esurance Insurance Company of Canada, [Deal - Esurance Insurance Company of Canada]
  • The Co-operators acquires Bill Hartley Insurance Services, [Deal - Co-operators Life Insurance Company]

Knowledge

News

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