Biography: Insurance & Reinsurance

Michael P Goldman is a partner in Sidley's Chicago office, co-chair of the firm's insurance and financial services group and member of Sidley's executive committee. His practice focuses on the corporate representation of insurance companies and other insurance entities, with a focus on acquisitions, divestitures and corporate reorganisations; the formation, capitalisation and corporate financing of insurance companies and related ventures; the regulation of insurance holding company systems; the regulation of insurance company investment practices, including the use of derivative instruments and strategies; the structure and regulation of alternative risk financing mechanisms and complex reinsurance arrangements; the structure of unique marketing and insurance distribution systems; and captive insurance companies, risk retention groups and other alternative market mechanisms. His practice also involves the representation of investment banks, commercial banks, private equity funds, investment advisers, derivatives dealers and other sectors of the financial services industry, with respect to insurance company relationships and transactions.

Mr Goldman has been appointed to industry advisory and technical resource committees to various NAIC task forces and regularly provides counsel to the Illinois Department of Insurance regarding emerging insurance regulatory issues. He has written numerous articles relating to the financial, invested asset and general regulation of insurance companies and is a frequent speaker and moderator on issues relating to the insurance industry. He is also an active member of the insurance industry-focused sections of the American and Chicago bar associations, as well as a member and past chair of the insurance companies committee of the Illinois CPA Society.

Mr Goldman graduated with high honours from the University of Illinois with a Bachelor of Science degree in accountancy and became a certified public accountant in 1982. He received his JD, with honours, from Loyola University of Chicago Law School and was admitted to the Illinois Bar in 1985.