Kramer Levin expands insurance team
Kramer Levin Naftalis & Frankel has appointed Daniel Rabinowitz as a partner in the firm’s Insurance Practice Group. Rabinowitz, who will be based in New York office, specialises in transactional and regulatory advice in the insurance industry.
Rabinowitz has extensive experience in all types of transactional activity and regulatory matters affecting the insurance business, including mergers and acquisitions, capital markets, restructurings, securitisation and structured finance, reorganisations, reinsurance, corporate governance and all aspects of NAIC and state regulatory oversight. He currently serves as chair of the committee on Insurance Law at the New York City Bar Association.
“Dan has a solid reputation for providing clients with expert counsel across a number of complex issues,” said Paul Pearlman, Kramer Levin’s managing partner. “His experience will complement our well-known insurance, corporate and securitization practices.”
Among a long list of representations, Rabinowitz provided counsel to two leading global financial institutions in numerous transactions and regulatory matters arising out of the 2008 financial crisis, including sales of subsidiaries, securities offerings and first-of-kind government assistance transactions providing capital and liquidity support. He also has been involved in numerous insurance company demutualisations and similar conversions, reinsurance transactions, insurance-linked securities and other forms of alternative risk transfer.
