“A lot of companies will prefer to have someone who does have an insurance industry background, but I know of many companies that have hired someone who has never worked in the industry before but is used to the interplay between government regulators and lawyers,” Michael Sachs, a partner at Major, Lindsey & Africa in Chicago, said.
September 09, 2020 at 01:44 PM
1 minute read
The retirements of experienced in-house attorneys at major insurance companies coupled with incoming COVID-19 lawsuits and natural disasters have brought in a new crop of general counsel in the industry during the pandemic.
An increased focus on litigation around COVID-19 pandemic conditions and regulations have led to several insurers promoting experienced in-house attorneys or hiring them from legal departments in highly regulated industries.
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