Sara Powell advises clients on state insurance matters. In particular, she counsels insurers, HMOs and regulators nationwide on corporate, transactional and regulatory matters. She has helped multiple Fortune 50 companies reach their goals and overcome their biggest obstacles. Sara assists clients with mergers and acquisitions, including obtaining the multi-state regulatory approvals that such transactions often entail. Sara helps clients navigate licensing and solvency issues and regulatory matters, and she has negotiated complex TPA and business process outsourcing arrangements.

Insurance Regulation

Sara stays abreast of the latest insurance developments at the state, federal and international levels, which allows her to advise clients on financial regulatory reform and its ripple effects. Specifically with respect to Dodd-Frank implementation, she has helped clients develop strategy, draft testimony and respond to proposed rules and requests for comment from Congress, the FDIC, the U.S. Department of the Treasury and the Federal Insurance Office.

International Regulatory and Solvency Counsel

Sara advises clients on international regulatory and solvency developments, including the international dialogue on capital standards and resolution matters. This experience, in conjunction with her work on troubled company and insolvency matters, positions her to advise the national guaranty system on federal and international issues.

Consumer Protection Regulation

Sara helps clients with consumer protection and market conduct issues at the state and federal levels. She assesses client preparedness for audits from the CFPB, formulates responses to CFPB inquiries and implements remediation plans and compliance improvements, including examining and restructuring their internal compliance processes and procedures.


Bar Admissions



University of Chicago Law School
J.D. (2002)

Valparaiso University
B.A. summa cum laude (1997)

Insights & Events

Other Perspectives
  • National Conference of Insurance Guaranty Funds (NCIGF)
    Quarterly Updates on International Regulatory Developments
  • How U.S. and International Responses to the Financial Crisis Are Shaping the Future of Insurance Regulation
    Indiana Continuing Legal Education Forum, November 2015
  • Best Practices – Third Party Risk Management Compliance & Ethics Forum for Life Insurers (CEFLI) Annual Conference
    Orlando, Florida, 2015
  • International Regulation and Resolutions
  • From All Sides
    Co-author with Scott Kosnoff, NOLHGA Journal Vol. XXI, Number 2, June 2015

    Moderator, National Organization of Life and Health Insurance Guaranty Associations (NOLHGA) Legal Seminar, San Francisco, July 2015
  • No Rest for the Weary: State, Federal and International Developments Impacting Guaranty Funds
    NCIGF Annual Conference, Indianapolis, May 2015
  • Behind the Insurance Industry Headlines: International Capital Standards
    April 2015
  • U.S. and International Responses to the Financial Crisis and Their Impact on the Insurance Industry
    July 2014
  • Financial Stability Board (FSB), International Association of Insurance Supervisors (IAIS) and International Developments
    April 2014
  • Learning From the Financial Crisis
    Co-author with Scott Kosnoff, FORC Quarterly Journal of Insurance Law and Regulation, Vol. XXIV, Edition 4, Winter 2013

Leadership & Community

Pro Bono

  • Bet Tzedek Holocaust Survivors Justice Network — Pro Bono Representation for Holocaust Survivors
  • State of Indiana Protective Order Project — Co-chair

Professional Associations

  • American Bar Association
  • Indiana State Bar Association
  • Indianapolis Bar Association

Civic Activities

  • Julian Center — Board of Directors (Development Committee, Co-Chair)
  • So Big — Co-founder and Board of Directors

Firm Leadership

  • Sara co-leads FaegreBD’s financial services industry team.
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