Bruce Baty
Partner
Norton Rose Fulbright US LLP
Related services and key industries
Biography
Bruce Baty has been advising insurance industry clients on corporate, reinsurance and regulatory matters for more than 35 years. He has a particular focus on corporate insurance transactions, reinsurance program design and implementation, reinsurance advice and arbitrations and regulatory compliance issues. His clients include property and casualty insurance companies, life, accident and health insurance companies, reinsurance companies, state insurance departments and other insurance industry participants.
Bruce has extensive experience navigating the complex insurance regulatory landscape, providing guidance on product development and approvals, licensing, financial and market conduct examinations, holding company act compliance and ORSA and ERM filings. He serves as a trusted advisor on transactional matters including company formations, restructurings, redomestications, mergers and acquisitions (including Form A regulatory approvals) as well as other regulatory aspects of these transactions.
Bruce has represented ceding and reinsurance companies in arbitrations for many years, including defending a life reinsurer's decision to raise rates on YRT business, challenging a cedent's management of a block of business and enforcing reinsurers obligation to follow the settlements of their reinsureds.
Bruce also advises insurers and state insurance regulators on insolvency issues, drawing on his experience in representing a number of state insurance departments in the rehabilitation and liquidation of insurance companies. He currently serves as Special Deputy Receiver to two insurance companies in liquidation.
Professional experience
Collapse all- JD, University of Notre Dame, 1982
- BA, University of Notre Dame, 1979
- Missouri State Bar
- Chambers USA, Missouri, Insurance: Transactional and Regulatory, Chambers and Partners, 2022-2024
- Chambers USA, Missouri, Insurance, Chambers and Partners, 2020-2021
- Best of the Bar, Kansas City Business Journal, 2019
- The Best Lawyers in America, Banking and Finance Law, Best Lawyers, 2013-2024
- The Best Lawyers in America, Insurance Law, Best Lawyers, 2007-2024
- The Legal 500, Insurance: Advice to insurers, The Legal 500, 2024
- The Legal 500, Healthcare: Health Insurers, The Legal 500, 2014
- Missouri Super Lawyers, Business Litigation, Thomson Reuters, 2006-2017
- Kansas Super Lawyers, Business Litigation, Thomson Reuters, 2006-2017
- BTI Client Service All-Star Team, BTI Consulting Group, 2009
- Benchmark: The Definitive Guide to America's Leading Lawyers, 2008
- Co-author, "Insurer Insolvency and Guaranty Fund Issues," Insurance Industry: Laws and Regulations, Illinois Institute for Continuing Legal Education, 2010
- Host, Heartland Insurance Symposium, Kansas City, MO, 2009-2020
- Moderator, "US-EU Covered Agreement", ARIAS U.S. 2017 Spring Conference, Naples, FL, 2017
- Association of Life Insurance Counsel
- International Association of Insurance Receivers
- Board of directors, Notre Dame Law Association
News
Norton Rose Fulbright insurance transaction team advises RiverStone Group in acquisition of DARAG Group
August 08, 2024
Norton Rose Fulbright advises Zurich on investment in Cowbell Cyber
July 30, 2024
Six new partners enhance US corporate insurance and technology transactions practices
April 18, 2023
Insights
Insurance Foresight
Publication | April 18, 2024
Climate change and the insurance industry: What next?
Publication | April 18, 2024
Clayton office of global law firm picks up four partners
Publication | May 02, 2023