Alex Selarnick

Alex Selarnick

Associate
Alex Selarnick
Philadelphia
+1 445 207 7837

Alex Selarnick advises insureds, insurers, and 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, Alex frequently works with insurance companies, producers, MGAs, and start-ups on innovative products and services, embedded insurance and other alternative insurance distribution models, contracting with unlicensed entities, and other licensing and compliance matters.

Alex has helped clients navigate complex, multi-jurisdictional insurance laws, defend against regulatory investigations and enforcement actions, and obtain regulatory approvals for transactions involving acquisitions and changes in control. Alex also has extensive trade credit insurance experience, and he guides market leading supply chain and trade finance companies on the development and negotiation of international credit insurance programs.

Both inside and outside of the insurance space, Alex also represents clients in a variety of industries on transactions involving investments, mergers and acquisitions and joint ventures, including private equity participation in offshore reinsurance vehicles (i.e., rent-a-captives, segregated cells, and other forms).

Experience

Alex’s experience includes representing:

Insurance Advisory

  • Numerous 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
  • A market leading fintech providing 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
  • 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
  • An insurance producer and a home warranty company in defending against regulatory inquiries, investigations and enforcement actions
  • A wealth management firm on insurance regulatory and transactional matters
  • An international tire manufacturer on its recovery under a group of trade credit insurance policies issued by affiliated insurers in different countries
  • A global ride sharing company on insurance regulatory and transactional matters involving their reinsurance portfolio*
  • A multinational financial services company on the development and negotiation of its credit insurance policies*
  • Numerous insurtech companies on insurance regulatory and transactional matters*

Insurance Disputes

  • 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*
  • A global manufacturing technology trade association in a highly complex $42 million claim related to the association’s forced cancelation of it bi-annual trade show as a result of the COVID-19 pandemic*

*Denotes experience prior to joining Goodwin.

Professional Activities

Alex is a member of Cardozo Law School’s Recent Alumni Leadership Council and also sits on the Future PLUS (Professional Liability Underwriting Society) task force.

Professional Experience

Prior to joining Goodwin, Alex was most recently an associate at Cooley where he was a member of the firm’s Insurance practice. Prior to Cooley, Alex started his career as an associate at Cozen O’Connor.

Credentials

Education

JD2015

Benjamin N. Cardozo School of Law

BA2012

University of Maryland

Admissions

Bars

  • New York
  • New Jersey
  • Pennsylvania
  • District of Columbia

Courts

  • 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

Recognition & Awards

Alex has been recognized in four consecutive years by Super Lawyers as a Rising Star in New York for Insurance (2020, 2021, 2022, and 2023). Alex was also a co-recipient of the Legal Aid Society’s Pro Bono Publico Award (2021), which recognizes lawyers who have volunteered their time to provide legal services to low-income New Yorkers, as well as the President’s Award (2018) from the Terrebonne Parish Chapter of the NAACP for his pro bono representation in federal voting rights litigation.

Publications

Alex’s recent publications and media mentions include:

Alex’s recent speaking engagements include:
  • Presenter, InsurtechFund Powered by InsurTechNY “MGA Lab Model Day” New York, September 14, 2023 
  • Panelist, “The New Battleground: How The Insurance Industry Can Capitalise on the Rapid Rise of Crypto and Blockchain,” Insurtech Insights USA Conference, New York, June 7, 2023
  • Panelist, “Embedding Insurance Closer to the Customer,” InsurTech NY Annual Spring Conference, New York, March 7, 2022