Greenberg Traurig LLP

09/25/2024 | Press release | Distributed by Public on 09/25/2024 12:54

Greenberg Traurig Named Insurance Insider ‘Legal Services Provider of the Year’

FORT LAUDERDALE, Fla. - Sept. 25, 2024 - Global law firm Greenberg Traurig, P.A. has been named "Legal Services Provider of the Year" by Insurance Insider as part of the publication's 2024 U.S. Honors award program.

Now in its fourth year, the awards recognize outstanding achievement in the U.S. Property and Casualty market. The publication's awards team received approximately 130 entries across 28 categories and submitted them for judging by a panel of industry experts, according to Insurance Insider. The winners were announced at an awards ceremony Sept. 19 in New York City.

Attorneys from Greenberg Traurig's Global Insurance Regulatory and Transactions Practice were recognized for their work providing legal services and advice to the reinsurance market and for representing clients across the sector. With experience in a variety of complementary disciplines, the team assists clients with large-scale 50-state projects and routinely conducts 50-state statutory and regulatory surveys to support client business operations.

Among their achievements this year, the team advised an information security company in developing a warranty to accompany highly specialized security software that detects the use of malicious deep fake technology to subvert, defraud, or harm financial institutions. The team advised the client in developing the warranty that supports its deepfake detection product, which involved working with insurance regulators in all 50 states to ensure that the warranty product was structured in a compliant manner.

"Our team's capabilities and multijurisdictional approach, along with our investment in research, use of artificial intelligence, and technology initiatives, allow us to provide important cost and time savings to our clients," said Fred E. Karlinsky, chair of Greenberg Traurig's Insurance Regulatory and Transactions Practice and a shareholder in the firm's Fort Lauderdale and Tallahassee offices. "This recognition is a testament to our team's vast knowledge of the inner workings of the insurance industry - from regulatory issues to business financial operations - as well as our strong ability to support clients from virtually all segments of the insurance industry."

The Greenberg Traurig team also includes attorneys from the firm's Albany, Austin, Dallas, San Francisco, and Washington, D.C., offices.

About Greenberg Traurig's Insurance Regulatory & Transactions Practice: Greenberg Traurig's Insurance Regulatory & Transactions group brings together lawyers from its national and international offices with experience in a broad variety of complementary disciplines - including insurance regulatory, tax, corporate finance and securities, securitization and structured finance, litigation, health care, and governmental affairs - to support clients from all segments of the insurance industry. The group provides tailored legal services designed to meet the varied needs of our clients in the areas of insurance regulation, legislative and public policy advocacy, life and health insurance, property and casualty insurance, premium finance, securitization and derivatives, and insurance litigation. Greenberg Traurig's Insurance Regulatory and Transactions Practice was presented with a 'Legal Team of the Year' Finalist Award at the Business Insurance's 2024 U.S. Insurance Awards program. The awards honor teams of professionals working on specific projects in the commercial insurance and risk management sector. BTI Consulting Group's 2017 BTI Power Rankings list included Greenberg Traurig on their Honor Roll list for Insurance. In 2016 our team was listed as one of the "Strongest Firms for Go-To Outside Counsel - Insurance" in BTI Consulting Group's BTI Report. Our team was also included in BTI Consulting Group's BTI Power Rankings as one of "The Top 16 Firms GCs Love for Insurance Work" in 2016.

About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 48 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI "Highly Recommended Law Firm" for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule 6.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA's Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.