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Blake, Cassels & Graydon LLP

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Blake, Cassels & Graydon LLP possesses an impressively well-rounded insurance practice that is well positioned to handle high-level litigation as well as transactional and regulatory matters. A popular choice for major domestic and international insurers and reinsurers, the group is frequently involved in the most headline-grabbing matters to hit the market. Among the names to note, Calgary-based David Tupper is highly regarded for contentious insurance work; he is representing a nuclear power mutual insurance company in a C$50m dispute with its reinsurer. Montreal-based Matthew Liben is also recommended for insurance litigation. On the regulatory side, Toronto-based department co-head Paul Belanger is sought after for his broad financial services expertise. Other key names on the non-contentious front include financial regulation specialist Bonny Murray as well as transactional-focused partners Jake Gilbert and Michael Elder – all operate from Toronto.

Legal 500 Editorial commentary

Key clients

  • Allianz Global Corporate and Specialty
  • Blue Cross Life Insurance Company of Canada
  • Canada Life Assurance Company
  • Chubb, Temple Insurance Company
  • Ensign Energy Services
  • Definity Financial Corp (formerly Economical Mutual Insurance Company)
  • Green Rise Foods
  • Hub International
  • Insurance Bureau of Canada
  • Intact Financial Corporation
  • Lloyd’s Underwriters and Lloyd's Canada
  • Royal & Sun Alliance Insurance Company of Canada
  • Sagen MI (formerly Genworth MI Canada)
  • Standard Life
  • Starstone Underwriting
  • Zurich Insurance Company

Work highlights

  • Advised Lloyd’s Underwriters, Lloyd’s Canada and Marc Lipman, in his capacity as Attorney in Fact for Lloyd’s Underwriters, on a series of high-profile class action matters relating to the issue of insurance coverage for business interruption losses sustained as a result of Covid-19.
  • Advised HUB Financial on its acquisition of the BridgeForce companies, bringing together two of the largest independent managing general agents in Canada.
  • Advised Definity Financial (formerly, Economical Mutual Insurance Company) on the first property and casualty demutualization in Canada.

Lawyers

Leading individuals

Paul Belanger

Paul Belanger

Hall of fameBlake, Cassels & Graydon LLP

Paul is Practice Group Leader of the Financial Services practice. He deals with all aspects of the regulation, business and affairs of financial institutions, including banks, insurance companies and other regulated and unregulated providers of financial services. Paul advises on governance, enterprise risk management, business and ownership structures, product development, permitted investments, capital, related-party transactions, licensing, product development and distribution matters and all regulatory issues. He also advises on acquisitions, pension derisking transactions, divestitures, reorganizations and joint ventures involving financial service providers, and advises financial services providers on a variety of agreements and services.

Bonny  Murray

Bonny Murray

Blake, Cassels & Graydon LLP

Bonny’s practice is focused on the financial services industry. She provides regulatory advice to Canadian and foreign financial institutions and service providers on all aspects of their business. She specializes in insurance and banking, payments and payment technologies, and merchant acquiring Bonny has significant experience liaising with federal and provincial regulators on behalf of clients on regulatory approval applications, compliance issues and questions of statutory interpretation. She advises on transactions involving financial services clients including corporate mergers and acquisitions, reinsurance transactions and pension de-risking, including longevity insurance transactions.

David Tupper

David Tupper

Blake, Cassels & Graydon LLP

David's practice involves all aspects of corporate/commercial litigation with an emphasis on securities law, construction law, insurance law, environmental law, and oil and gas law. He regularly appears before all levels of courts in Alberta as well as in the Federal Court and the Federal Court of Appeal. He also maintains a considerable advisory practice in connection with environmental issues, property and liability policies, and reinsurance losses. He acts as counsel in an array of high-value and high-profile matters.

Next Generation Partners

Practice head

The lawyer(s) leading their teams.

David Tupper, Paul Belanger

Other key lawyers

Jake Gilbert, Bonny Murray, Matthew Liben, Michael Elder