Alex Selarnick
Partner
Overview
Alex Selarnick is a business attorney in Holland & Knight's Philadelphia office. Mr. Selarnick advises insureds, insurers and insurance technology companies (InsurTechs), as well as their partners and investors, on a broad range of compliance, regulatory and transactional matters.
With a particular focus on the intersection of insurance and technology, Mr. Selarnick frequently works with insurance companies, producers, managing general agents (MGAs) and startups on innovative products and services, including embedded insurance and other alternative insurance distribution models. He also works on contracting in the insurance space and other licensing and compliance matters.
Mr. Selarnick helps clients navigate complex, multijurisdictional insurance laws, defend against regulatory investigations and enforcement actions, and obtain regulatory approvals for transactions involving acquisitions and changes in control. He also has extensive experience with trade credit insurance, and he guides market-leading supply chain and trade finance companies on the development and negotiation of international credit insurance programs.
In addition, Mr. Selarnick represents clients in a variety of industries on transactions involving investments, mergers and acquisitions (M&A) and joint ventures, including private equity participation in offshore reinsurance vehicles (i.e., rent-a-captives, segregated cells and other forms).
Prior to joining Holland & Knight, Mr. Selarnick was an attorney at an international law firm in its Philadelphia office.
Representative Experience
- Advised numerous insurance technology (InsurTech) companies on insurance regulatory and transactional matters, including with respect to embedded insurance products and offerings involving wearables, cannabis, ride-sharing, boating, rentals, cyber risks, and homeowners and auto insurance
- Advised a market-leading financial technology (FinTech) company that provides global supply chain and trade finance solutions on the development and negotiation of its credit insurance policies, as well as other insurance regulatory and transactional matters
- Advised numerous private equity investors, insurance companies and insurance producers in obtaining regulatory approvals in connection with "Form A" change of control or disclaimer of control filings and Texas agency filings
- Advised an insurance producer and a home warranty company in defending against regulatory inquiries, investigations and enforcement actions
- Advised a wealth management firm on insurance regulatory and transactional matters
- Advised an international tire manufacturer on its recovery under a group of trade credit insurance policies issued by affiliated insurers in different countries
- Advised a global ride-sharing company on insurance regulatory and transactional matters involving their reinsurance portfolio
- Advised a multinational financial services company on the development and negotiation of its credit insurance policies
- Advised a private university with respect to its insurance recovery under multiple lines of coverage related to claims of serial sexual misconduct, computer crimes and civil conspiracy
- Advised a global manufacturing technology trade association in a highly complex $42 million claim related to the association's forced cancellation of its biannual trade show as a result of the COVID-19 pandemic
Credentials
- Benjamin N. Cardozo School of Law, J.D.
- University of Maryland, B.A.
- New Jersey
- New York
- Pennsylvania
- U.S. District Court for the Eastern District of New York
- U.S. District Court for the Southern District of New York
- U.S. District Court for the District of New Jersey
- Future PLUS (Professional Liability Underwriting Society), Task Force, 2022-2024
- Alumni Leadership Council, Benjamin N. Cardoza School of Law, 2019-2020
- Rising Star, New York Super Lawyers magazine, Insurance, 2020-2023
- Pro Bono Publico Award, The Legal Aid Society, 2021
- President's Award, NAACP, Terrebonne Parish Branch, 2018