Alice Kane, Former GC of Zurich and New York Life, Joins Clifford Chance

Clifford Chance has welcomed Alice Kane to its US Insurance practice. Well known in the field for several decades, Ms. Kane advises property and casualty, life, and health insurance clients on a wide range of regulatory and transactional matters. She previously served as the group general counsel at two Fortune 100 insurers, Zurich Insurance Group, and New York Life Insurance Company, where she led teams of in-house and outside counsel on complex M&A transactions, settled major government and insurance department investigations, and spearheaded the successful resolution of SEC enforcement actions, among other regulatory and governance matters.

More recently, Ms. Kane has focused on insurance regulatory matters, representing clients before the New York State Department of Financial Services and other state insurance departments. Over the past several years, she monitored both international and national insurance regulatory reforms at both the International Association of Insurance Supervisors (IAIS) and the National Association of Insurance Commissioners (NAIC). She also represented clients on US health care reform before the Center for Consumer Information and Insurance Oversight (CMS), a division of the U.S. Department of Health and Human Services.

Her business experience extends to asset management. She served as executive vice president in charge of asset management for New York Life and as president of the mutual fund business for American General’s Variable Life and Annuity Division. She also founded a woman- and minority-owned institutional asset management business, Blaylock Asset Management.

Ms. Kane’s arrival coincides with the return to Clifford Chance of corporate partner Joseph Cosentino, who himself has significant experience in the insurance sector. Together, the two further bolster a growing US Insurance M&A practice that includes partners Gary Boss and Nicholas Williams.