Nick Pearson is a partner in the Insurance and Reinsurance Department at Edwards Wildman Palmer's New York City office. He has represented U.S. and foreign insurers, reinsurers and producers since 1977 and has served as outside General Counsel to licensed and surplus lines insurers. He has broad insurance regulatory and transactional experience in both life and property & casualty insurance and has represented clients in the formation, acquisition, sale and licensing of insurers, reinsurers, producers, captives and risk retention groups. Mr. Pearson has successfully represented cedents and reinsurers before industry arbitration panels and is experienced in commutations and the detailed analysis and preparation of reinsurance agreements and loss portfolio transfers. He has conducted international reinsurance fraud investigations and is experienced in run-off and insurer insolvency.
Mr. Pearson is the President of the Insurance Federation of New York. He has served on the New York Insurance Exchange Working Group, the Insurance Law Committee of the Association of the Bar of the City of New York, the Torts and Insurance Practice Section of the America Bar Association and various industry task forces.
Mr. Pearson has lectured on insurance and reinsurance in the United States, England and Bermuda and his articles have frequently appeared in leading insurance publications. He has testified before the Connecticut legislature on captive insurance regulation and co-authored chapters on "Regulation of Market Conduct of Property Casualty Insurers" in New York Insurance Law (Matthew Bender & Co., Inc.) and "Insurance Regulation" in Insurance Law Practice (New York State Bar Association). He also served for many years as pro bono legal counsel to the Business Council for the United Nations.
Mr. Pearson holds the "AV" attorney rating from Martindale-Hubbell, signifying achievement at the highest level for legal ability and ethical standards. He is listed in the current edition of the Legal Media Group Guide to the World’s Leading Insurance and Reinsurance Lawyers
. He is also featured in the current edition of The International Who's Who of Insurance and Reinsurance Lawyers
, and has been named as one of the "New York Area's Best Lawyers" by New York Magazine. Additionally, the current edition of Chambers & Partners Guides to the World's Leading Lawyers (USA)
ranks Mr. Pearson as a 'Leading Individual' in their Insurance: Transactional and Regulatory category. He has also been listed in the Best Lawyers in America
publication for his work in Insurance Law.