Sandy P. Fay, a Shareholder in the Colodny Fass Insurance Regulatory Law and Corporate and Transactional Divisions, assists national insurance industry clients on a wide variety of matters, including the formation and licensing of start-up insurers and insurance-related entities, mergers and acquisitions, reorganization, expansion into additional jurisdictions, financing, compliance, solvency, agent and agency licensing, reinsurance, holding company and affiliate transactions, financial and market conduct examinations, and rate and form filing matters.
Mr. Fay prepares and submits all forms of insurance entity licensing applications, drafts corporate formation materials and negotiates a variety of insurance-related agreements, such as agency contracts, claims administration agreements and other vendor agreements. He counsels clients in administrative proceedings such as rate hearings, licensing applications and rule challenges.
He works with insurance regulators on a 50-state basis in assisting clients with all facets of the regulatory process.
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