McDermott Named “Onshore Law Firm” at 2016 US Captive Services Awards

Overview


August 9, 2016 – McDermott Will & Emery is pleased to announce that the Firm’s Captive Insurance team was named “Onshore Law Firm” at the 2016 US Captive Services Awards last night in Burlington, Vermont. Elizabeth Erickson and Tom Jones were in-person to accept the award on behalf of the Firm.

The Onshore Law Firm of the Year award “recognizes contributions to the captive market through legal expertise and innovation, strategic vision and business winning client care. Specific contributions such as participation in discussions with regulators to support (or resist) regulatory developments should be cited in your submission.”

The judges noted that, “McDermott Will & Emery’s deep captive knowledge shone through for the judges who were aided by specific examples of recent cases and examples outlined in the submission. Their specialist experience across a range of captive types, structured both onshore and offshore, and for varying sectors was in strong evidence. The judges were also impressed by the depth of talent at the law firm as well as its commitment to being a vocal and educational authority for the US captive insurance industry.”

For more information on the full list of 2016 US Captive Service Awards recipients please click here.

About McDermott Will & Emery’s Captive Insurance Tax Practice
McDermott lawyers are pioneers in the structuring of alternative risk transfer mechanisms, specializing in captive insurance companies of all types. We focus not only on the development and structuring of creative risk retention and transfer solutions, but also on the operation of efficient risk-management programs designed to enhance business performance by aligning economic incentives with loss minimization to lower the enterprise’s cost of risk. Our group regularly advises on high-deductible and self-insured retentions, trusts, retro programs, offshore and onshore captives, risk retention groups, risk purchasing groups and group captives. For those clients whose captive arrangements are being challenged by the IRS, we offer effective tax controversy services, drawing on the experience of lawyers who have successfully resolved disputes at Examination, Appeals and the United States Tax Court.