William Latza provides life and non-life insurance and reinsurance companies with regulatory advice and assistance, drawing upon his more than 40 years of experience in private practice for the insurance industry and as the now retired General Counsel-Insurance of Lemonade, an InsurTech insurance company. Having spent his entire career in New York, Bill is adept at helping clients navigate issues affecting their operations and business evolution with sophisticated insurance regulators in a state with some of the most stringent insurance regulatory requirements in the country. This includes counseling well-known insurance companies on the regulatory challenges they face when they develop new insurance programs, expand into new markets, change their organizational structure or face financial challenges, and then strategizing to help them achieve their goals in a fragmented, detailed and prescriptive regulatory environment.
Through his work at Lemonade, Bill navigated the company though novel and evolving issues such as the use of artificial intelligence and algorithmic underwriting, and later he advised on regulatory and legal issues connected with its expansion and inward investments. Before he led Lemonade’s legal department, he served as external counsel to the then startup, and he was key in persuading New York regulatory authorities to grant the company its license to operate using an innovative technology platform that digitizes the entire insurance process.
At Saul Ewing, Bill is focusing primarily on matters including reinsurance, statutory accounting and InsurTech. He also has extensive experience guiding insurance and reinsurance companies through the legal and regulatory requirements that arise in highly complex acquisitions and financially-motivated transactions. Additionally, he advises insurance groups on holding company and financial condition regulations, and issues arising with alternative and capital markets risk transfer. Bill also guides companies and boards of directors through the legal and regulatory hurdles they confront with discontinuing operations, operating in the zone of insolvency or other troubled-company situations.