H. Michael Byrne* focuses on insurance regulatory and transactional work within the firm's Corporate and Securities Group. He advises U.S. and international re/insurers, capital providers, captives and producers on a broad range of matters including obtaining regulatory approvals for M&A, change of control and affiliate transactions, forming, licensing and structuring compliant business operations, drafting and negotiating agreements, and providing strategic advice on complex and cutting-edge issues.
Michael has extensive experience in the excess and surplus lines market, and serves on the NAPSLO Legislative Committee and as outside counsel to the New Jersey Surplus Lines Association. He was awarded NAPSLO's Legislative Advocacy Award in 2013.
*Michael Byrne's practice is limited to advising clients on U.S. law, and he is not admitted to practice as a solicitor in England and Wales.
Michael’s recent work includes:
- U.S. and non-U.S. regulatory advice and approvals in the $2.2 billion acquisition of a global specialty insurer by a Shanghai-based investment group;
- M&A involving insurance producers;
- Internal restructuring and redomestication of a large mutual insurer;
- Drafting and negotiating MGA/MGU, program and claims administration, and other producer and similar agreements;
- U.S. and non-U.S. advice and approvals for a reinsurer's expansion into Latin America.
- Advising on the NAIC and various state risk management, ORSA, group supervision, solvency and corporate governance initiatives;
- Regulatory issues and transactions in the health and benefits space, including in connection with state, federal and private exchanges;
- Building various E&S and reinsurance underwriting platforms, including a medical professional liability insurer as the first newly formed New Jersey domestic surplus lines insurer, and the multifaceted expansion of a Bermuda reinsurer into the US;
- Transactions and regulatory advice related to the NFIP and Biggert-Waters Act and travel insurance;
- U.S. economic sanctions compliance and regulatory investigations;
- Data security, cyber and privacy issues for the insurance industry; and
- Issues arising from the implementation of the Dodd-Frank Act/NRRA.
Awards Methodology (www.drinkerbiddle.com/content/awards)
- New Jersey
- New York
- Rutgers University School of Law - Camden, J.D., cum laude
- Rutgers University, B.A.
- NAPSLO, Legislative Committee
- Captive Insurance Group of New Jersey (CIGNJ)
- Insurance Industry Charitable Foundation, Northeast Division, Board of Directors, member
- Insurance Industry Charitable Foundation, Grants Committee, member
- Registered New Jersey Lobbyist