The life insurance and annuity industry is positioned for growth. Many carriers are working to enhance their capabilities, but fundamental challenges, from the threat of cyber crime to ever changing compliance requirements and regulatory uncertainty can prove difficult to navigate.
Mitchell Williams’ insurance regulatory lawyers work with life insurance and annuity clients on all aspects of regulatory, transactional and solvency matters, including product development, policy form drafting and policy form filings. We assist clients in the development of strategies that help life insurance and annuity clients rise above industry challenges and achieve their business objectives.
We advise insurance company clients with regard to traditional regulatory matters involving life insurance, annuities and variable life insurance and variable annuities (“variable products”) but also with regard to new issues as they arise, such as race-based premiums, use of the federal death master file as to unclaimed life insurance proceeds, and development of new retirement vehicles in the variable products space, such as contingent deferred annuities.