Overview
Parimah Hassouri is a partner in the New York office of Golden Flag International Law Firm LLP whose practice focuses on insurance regulatory matters. Parimah advises US and international insurers on a wide range of insurance regulatory and corporate matters. She has represented clients operating in the life, health, property and casualty, financial guaranty, mortgage guaranty and title insurance industries. Parimah also represents private equity funds and other sponsors acquiring and divesting insurers and/or insurance-related entities.
In addition, Parimah assists clients with regulatory filings associated with mergers, acquisitions and other changes in corporate structure, including mutual holding company conversions and redomestications. She also assists with the formation and licensing of insurance companies, insurance intermediaries and captive insurers, and routinely assists clients with corporate governance and compliance issues. Parimah also advises early-stage and developed InsurTech entities on regulatory and corporate issues.
Parimah actively monitors state insurance legislative and regulatory developments in a variety of areas, including insurance holding company act compliance, rebating and inducement issues, and non-admitted insurance and reinsurance transactions.
Parimah was recognized as an “Up and Comer” for her transactional and regulatory work in insurance by Chambers USA in 2020–2022. Clients note “She is knowledgeable about insurance regulatory issues, and very up to date in her knowledge. She also is extremely helpful, and can provide advice in a clear way so that it is easy to understand and follow. She takes a sensible view that seeks to maximize the flexibility for the business client while remaining of course compliant."
Experience
Representative Matters
Braemont Capital in its $125 million investment in Incline P&C Group, a premier insurance program market services firm
Castlelake on the launch of aviation reinsurer Itasca Re
Davidson Kempner Capital Management on the formation of Kindley Re and related transactions with Kuvare Holdings
Brightstar Capital Partners-backed Likewize in its investment from Genstar Capital
Centerbridge Partners on a $315 million equity funding round for Pie Insurance
L Catterton-backed iFIT Health & Fitness in the sale of its extended warranty operations, operated through Universal Technical Services, to Amynta Group
Insurance Supermarket International in its $100 million minority investment from Gallatin Point Capital
Fortress in the formation of Palisade Insurance Partners
ABRY Partners and Hoplon Capital-backed illumifin in its acquisition of LTCG
Centerbridge Partners and Martello Re in the formation and launch of Martello Re and related reinsurance and asset management arrangements
GTCR-backed AssuredPartners in its acquisition of Fred C. Church
Special Committee of the Board of Directors of State Auto Financial Corp. in its $2.36 billion sale to Liberty Mutual Holding Company
Thoma Bravo in its $12.3 billion acquisition of Proofpoint
Metromile in its $500 million sale to Lemonade
EQT Private Equity, alongside Vitruvian Partners and CFC's management, in its significant investment in CFC
GI Partners in its recapitalization of Patriot Growth Insurance Services
ABRY Partners in its acquisition of Socius Insurance Services
Blackstone Group-backed Alight Solutions in its acquisition of Aon’s Retiree Health Exchange from Aon plc
ABRY Partners, along with Hoplon Capital, in its acquisition of Concentrix Insurance Solutions from Concentrix Corp.
ABRY Partners in its acquisition of High Street Insurance Partners from Huron Capital Partners
L Catterton and Monomoy backed-West Marine, in the sale of Monomoy’s controlling interest in West Marine
Wilton Re in its $400 million acquisition of Allstate Life Insurance Company of New York from Allstate
HGGC on the sale of a majority stake in Davies
Aflac Global Investments in its partnership with Sound Point Capital Management to create, and $1.5 billion investment in, Sound Point Commercial Real Estate Finance
Centerbridge Partners in its $100 million investment in TypTap Insurance Group
KKR in its acquisition of Integrated Specialty Coverages
Apax Partners-backed AssuredPartners in its acquisition of Murray Insurance Associates
Further Global Capital Management, alongside TowerBrook Capital Partners, in the $586 million acquisition of the outstanding shares of common stock of ProSight Global
Parthenon Capital-backed Allworth Financial in its sale to Lightyear Capital and Ontario Teachers’ Pension Plan Board
Thoma Bravo in its $10.2 billion acquisition of RealPage
Bain Capital Credit in its entry into a strategic partnership with Beat Capital Partners
Varde Partners in its strategic partnership with American Equity Investment Life Holding Company and Agam Capital Management to establish a new reinsurance company
PropTech Acquisition Corp., a special purpose acquisition company, in its $523 million business combination with Porch.com
Madison Dearborn Partners in its acquisition of Benefytt Technologies
Hellman & Friedman-backed MultiPlan in its $11 billion business combination with Churchill Capital Corp III, a special purpose acquisition company
Tokio Marine HCC in its acquisition of GCube from Marsh & McLennan
Further Global Capital Management in its investment in the parent company of LegalShield
Prior Experience
More
Thought Leadership
Seminars
Moderator, “Roles, Responsibilities, Risk and Rewards,” Women Corporate Directors' Aspiring Directors’ Summit, June 8, 2021
Recognition
Credentials
Admissions & Qualifications
- 2009New York
Education
- University of Pittsburgh School of Law2006
- The Pennsylvania State UniversityB.S., Economics2003