Alexander Traum advises insurance and reinsurance companies, insurtechs, insurance-related service providers, and other financial services entities on insurance regulatory and transactional matters.
Alexander helps clients navigate:
Mergers and acquisitions of entities regulated under state insurance laws
Insurance company, reinsurer, and captive formation and licensure
Insurance producer, adjuster, third-party administrator (TPA) and managing general agency (MGA) licensing and exemptions, and the rules and regulations governing such entities, including with respect to compensation, advertising, and rebating issues
Regulatory issues relating to emerging technologies, such as big data, AI, and the sharing economy
Insurance investment law compliance
State insurance laws and enforcement actions by state insurance departments, as well as financial and market conduct examinations
Surplus lines insurance placements and non-admitted insurance issues
A recognized thought leader, he writes extensively on insurance regulatory issues focusing on new technologies and the sharing economy.
Before joining Latham, Alexander was special counsel at another global law firm.
Experience
Alexander’s experience includes advising:
Howard Hughes and Pershing in the pending $2.1 billion acquisition of Vantage from Carlyle and Hellman & Friedman
CVC Capital in its $1.75 billion acquisition of Bamboo
Onex Corporation in its $7 billion acquisition of Convex, alongside AIG
DB Insurance in its $1.65 billion acquisition of The Fortegra Group, Inc.
The Carlyle Group in its $1.3 billion strategic investment in Trucordia
NEXT Insurance in its $2.6 billion acquisition by Munich Re
Nippon Life in its $3.84 billion acquisition of a stake in Corebridge Financial
Blackstone in a partnership with AmTrust in the spinoff of AmTrust MGAs into an independent company
Fibrebond Corporation in its $1.4 billion acquisition by Eaton
Bridge Investment Group in its $1.5 billion acquisition by Apollo
CAC Group in its $1 billion merger with The Baldwin Group
Avocet, Oaktree and Lane42 in their $500 million capital raise and purchase of EMC National Life
Ategrity Specialty Insurance Company Holdings in its IPO
Axonic Insurance in its $210 million preferred equity investment from LuminArx and Deutsche Bank
Boost Insurance Holdings in an equity investment from BHMS Investments
Ruby Re, a Missouri-based reinsurance vehicle, sponsored by Reinsurance Group of America, Incorporated, in its formation and two capital raises totaling $480 million
The underwriters in the IPO of Bowhead Specialty Holdings
The special committee of the Doma Board of Directors in Doma Holdings’ take private and merger with Title Resources Group
Onex Partners in its acquisition of Accredited Insurance, a hybrid fronting insurer operating across the US, EU and UK, from the joint provisional liquidators of R&Q (Bermuda), and simultaneous LPT/ADC reinsurance arrangements with Enstar
Warburg Pincus in its investment in Everise
Aegon in its cross-border conversion into a Bermuda Limited company and the corresponding transition to the Bermuda Monetary Authority as Aegon’s group supervisor
Qualifications
Bar Qualification
New York
Education
JD, Fordham University School of Law, 2013 magna cum laude
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