Timothy V. Kemp

Timothy V. Kemp

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Timothy V. Kemp is a former deputy general counsel, chief regulatory and government relations counsel, and chief compliance officer for a Fortune 500 public insurance and bank holding company with international operations.

Tim focuses his practice on transactions and a wide range of regulatory matters involving insurance entities and financial institutions. He routinely represents insurance holding companies, insurers, service contract providers, rating bureaus and other insurance entities before state insurance regulators across the country. He conducts regulatory due diligence of insurance entities targeted for acquisition and advises insurance entities, and those considering entering the insurance industry, on matters relating to insurance entity formation, acquisition, licensing and operation. In addition, Tim assists insurance clients in the development and implementation of compliance, remediation and enterprise risk management programs and guides companies through regulatory examinations, administrative hearings, internal and regulatory investigations and enforcement actions.

In the financial services sector, Tim counsels banks, credit unions, mortgage lenders and escrow companies in many of these same areas, representing them before federal and state regulatory agencies such as the Consumer Financial Protection Bureau (CFPB), the Office of the Comptroller of the Currency (OCC), and the Federal Reserve, and state financial services regulators.

For clients in the settlement services industry, Tim has wide-ranging knowledge and a deep operational background in real estate, title insurance and escrow operations and practices, home warranty and service contracts and affiliated business arrangements. He routinely assists businesses engaged in these industries and their partners, vendors and clients in developing and launching new products and services and in constructing pragmatic solutions designed to further business objectives while remaining compliant with governing laws such as RESPA and UDAAP.

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取扱分野

実績紹介

General Matters

  • Assisted insurance entities in evaluating potential states of domicile and represented them in gaining regulatory approval of applications for licensure in their chosen state of domicile or for approval to move from their current state of domicile.°
  • Obtained regulatory approvals required in connection with numerous large and midmarket insurance and non-insurance acquisitions.°
  • Coordinated efforts on behalf of two different public companies to obtain all federal, state, and international regulatory approvals required to spin off portions of public companies to form separate public companies.°

Compliance

  • Minimized company’s legal and regulatory exposure by establishing and aiding in the implementation of its first global compliance program.°
  • Developed programs, policies and procedures to address company’s compliance with U.S. Bank Secrecy Act of 1970 (BSA), Anti-Money Laundering (AML) requirements, the Foreign Corrupt Practices Act (FCPA), the U.K. Bribery Act.°
  • Collaborated with company’s internal Audit team to develop standards and protocol for internal investigations and for auditing direct operations, corporate divisions, and independent agents.°
  • Led comprehensive review of company-wide systems and created and revised relevant policies and processes, resulting in stronger adherence to company, industry and legal standards in key areas:
    • Privacy, policies and protections; Management of opt-outs.°
    • Exchange of customer information among distinct companies within the holding company system and information shared with outside vendors.°
    • Ownership and protections of trademarks, service marks and patented processes.°
    • Public-facing marketing and advertising collateral.°
    • Affiliated business arrangements and marketing services.°

Risk Assessment & Mitigation

  • Assisted company in the development and implementation of company’s initial enterprise risk assessment and management (ERM) program in consultation with company management.°
  • Addressed inquiries from stock analysts, independent auditors, the press and the public relating to pending and resolved regulatory actions.°
  • Worked with company’s marketing professionals to develop company’s first comprehensive marketing guidelines, driving accountability and consistent marketing standards across the organization.°

Business Operations

  • Served as Officer and Director of company’s primary insurance subsidiaries.°
  • Developed with company management a company-wide rate strategy to overhaul and simplify various existing rate structures, ensuring consistent application throughout the organization.°
  • Advised multiple companies and joint venture partners in the development and market deployment of new products and programs in the U.S., Canada and the U.K.°
  • Advised company on regulatory matters relating to onshore and offshore title and escrow operations.°

Information Security & Privacy

  • Collaborated with company executives in the development and testing of company’s Business Continuity Plan.°
  • Partnered with company’s Chief Information Security Officer to address data breaches and to establish company’s policies for data sharing and cybersecurity insurance requirements.°

Legislative and Government

  • Assisted multiple companies and industry groups in the development, preparation and submission of comments in response to proposed federal and state legislation.°
  • Advised insurance rating bureau in determining its rights and responsibilities under administrative law and regulations proposed by state insurance and financial services regulator and, and developing a strategy for protecting the interest and integrity of the rating bureau separate and apart from those of its member companies.°
  • Led company in the development of proprietary legislative monitoring and tracking system utilizing its offshore resources.°
  • Created and helped implement federal and state government relations strategies for multiple clients.°

°The above representations were handled by Mr. Kemp prior to his joining Greenberg Traurig, LLP.

  • Senior Attorney, Public Lands, Mississippi Secretary of State
  • First American Financial Corporation, 1994-2014
    • Deputy General Counsel
    • Senior Vice President, Corporate Secretary and Director
    • Chief Regulatory and Government Relations Counsel
    • Chief Compliance Officer/Counsel
    • Vice President, Associate Senior Underwriter
    • Vice President, State Counsel

受賞歴・所属団体

  • Member, American Bar Association
  • Member, American Land Title Association
    • Chairman, NAIC Liaison Committee
    • Advisor and Speaker
  • National Association of Insurance Commissioners (NAIC)
    • Advisor and Speaker
  • National Conference of Insurance Legislators (NCOIL)
    • Advisor and Speaker
  • Member, Real Estate Service Providers’ Council (RESPRO)
    • Speaker

学歴・資格・言語

学歴
  • J.D., The University of Mississippi
  • B.B.A., Millsaps College
弁護士資格
  • District of Columbia
  • 米国 ニューヨーク州
  • 米国 イリノイ州
  • Tennessee