Frederick J. Pomerantz, formerly co-chair of Goldberg Segalla's insurance regulatory practice, and, in total, an attorney in corporate transactional and insurance regulatory law for over 35 years (including 12 years at Mound Cotton & Wollan and 19 years at Wilson Elser} recently opened his own insurance regulatory consulting practice. Mr. Pomerantz has significant experience handling complex insurance transactions, including M&A and related state regulatory hearings coast-to-coast for foreign and domestic insurance companies. He has organized and licensed insurers, reinsurers, producers, risk retention groups, and risk purchasing groups. In addition, he has drafted reinsurance agreements of all types and led the defense of a life reinsurer in a RICO action brought by the insolvent cedent, and has advised excess and surplus lines brokers, wholesalers and MGA's, and entities active in direct procurement insurance.
A significant portion of his practice involves counseling Latin American, Asian, and French insurers and reinsurers with respect to all aspects of their U.S. operations . Mr. Pomerantz has directed reorganizations, redomestications and U.S. branch domestications for French, Japanese and Canadian insurers and has attended regulatory hearings on behalf of insurance companies, domestic and alien. He has been lead counsel to many foreign insurers and a trusted advisor to their boards of directors. His practice addresses changes in global and U.S. reinsurance collateralization rules, corporate governance disclosure, financial service integration issues, and growing federal involvement in regulation of the insurance industry.
Mr. Pomerantz, a director of the Federation of Regulatory Counsel (FORC), is a frequent author whose articles have appeared in Best's Review, Law360, Insurance Day, Reactions, Mealey's Data Privacy Law Report, AIRROC Matters and the FORC Journal. Mr. Pomerantz was editor and a regular regular contributor to his prior firm's Insurance and Reinsurance Report regulatory law blog and has been a frequent panelist at meetings of the Surplus Lines Law Group and ACI. Mr. Pomerantz is also Co-Author of “Lloyd’s in the United States,” Ch. 80, New Appleman on Insurance Law Library Edition, 2016 and co-authored three chapters in The Reinsurance Deskbook, whose editor-in-chief is a name partner in Fred's former law firm.
Mr. Pomerantz is AV Preeminent peer-review-rated by Martindale Hubbell. In 2016-17, he was named in The Best Lawyers in America (Insurance Law) and included on the New York Super Lawyers list (Insurance Law).
With this background, Fred has earned the trust of clients and colleagues and two of the largest, most prominent cross-global law firms, for whose overseas clients he has acted as lead insurance regulatory counsel in acquisitions valued in the billions of dollars. His new, budding insurance regulatory consulting practice is open to service your referred clients.
Fred’s new venture gives him the freedom to best service longtime clients as well as to pursue new clients and to expand his successful insurance transactional and regulatory practice, both nationwide and internationally, with a solid base of domestic and international clients to service, with less overhead and more reasonable billing rates. He is blessed to have retained most of his clients from the past and to have added new ones. Former law firm colleagues now refer matters to and/or collaborate with him. Thus, Fred remains the attorney of choice for referrals by blue chip law firms, with little or no regulatory/compliance capabilities or, more commonly, in the event of a conflict of interest or whose leads seek more reasonably priced professional services.
Corporate clients, domestic and international, that Fred originated over the many years he practiced in Manhattan-based law firms, have followed him from firm to firm and, now, to his new practice. Of equal importance, Fred has, through FORC, a national as well as a local network of equally capable and experienced regulatory/compliance practitioners ready, willing and able to assist on larger scale assignments. As a result, wherever he is across the globe, Fred is available and reachable 24/7/365!