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.