Insurance Risk & Capital Americas 2024

Thomas M. Dawson represents US and non-US re/insurers, brokers and intermediaries on regulatory, licensing, compliance, product development, and corporate matters.

Tom advises industry participants on a wide variety of regulatory and transactional matters, including cybersecurity compliance, insurtech ventures, and Holding Company Act filings. He has helped clients form, acquire, and invest in US insurers, reinsurers, and intermediaries. He counsels non-insurers on advertising, licensing, and marketing generally, and provides regulatory compliance advice to service contract issuers and other specialty product providers. More recently, Tom’s work has included helping develop parametric insurance products as well as advising insurers on emerging issues including climate change risk disclosure and using artificial intelligence and big data.

Tom has guided non-US insurers and reinsurers in the London Market, Europe, Bermuda, and Asia for more than 35 years, helping them obtain and maintain surplus lines and reinsurer approvals, as well as identifying, monitoring, and reporting on relevant NAIC activities and state and federal legislation. In recent years, the regulatory status options for non-US reinsurers in particular have multiplied, and Tom has acted, and continues to act, for many non-US reinsurers that have established large US reinsurance trusts. More recently, Tom has continued to represent non-US reinsurers that have obtained certified and/or reciprocal reinsurer status.

Beginning in 2020, Tom began tracking and commenting on developing climate change regulation and disclosure requirements in the US and in other key jurisdictions, and he is the Insurance Transactions and Regulatory team’s representative on the firm’s ESG Working Group.