As a provider of life or health insurance, you require legal counsel that can resolve immediate regulatory and transactional issues while also positioning you for long-term financial success. Faegre Baker Daniels has represented life and health insurers, HMOs and holding companies in U.S. and international matters. 

Corporate 

As you prepare your organization for long-term success, we advise you on strategic planning and assist with company formation and business admission, restructuring, corporate governance, strategic alliances, investment issues, senior officer team building, company conversion, accreditation and distribution channel alignment. We draft all necessary corporate documents, including agent and TPA agreements, preferred provider arrangements and customized provider network agreements.

Transactions 

We advise on demutualizations, reinsurance transactions, asset sales, mergers, acquisitions, joint ventures, reverse mergers, and offerings and private placements of debt or securities. We help you obtain regulatory approval for transactions and operate within the Hart-Scott-Rodino Act and other antitrust laws.

Products 

As you determine a product strategy, we counsel on product development and approval, including policy drafting, forms and filings. We develop suitability profiles and disclosure documents for products, formulate suitability work flows, create suitability indicators, draft selling agreements and develop monitoring procedures.

Rating Agencies 

When insurers strive to attain desired financial strength ratings, we provide quantitative analyses of financial results and qualitative reviews of operations to determine how to achieve improvement.

Other Regulatory Matters 

We are knowledgeable about federal law and insurance regulations in all 50 states. We advise on market conduct issues, including exams, enforcement proceedings, class action litigation, grievance procedures, sales and advertising methods, commissions and rebating. We also assist with licensure issues, internal compliance programs, and compliance with the Holding Company Act, Sarbanes-Oxley Act, ERISA and HIPAA.