JillAllison Opell



JillAllison Opell is a partner and insurance lawyer with Foley & Lardner LLP.

Ms. Opell represents insurers and insurance-related entities in all lines of business, including accident, life and health, property and casualty, surplus lines, travel and reinsurance. Ms. Opell also represents private equity funds and other sponsors acquiring and divesting insurers and/or insurance-related entities.

Ms. Opell’s regulatory experience includes advising clients on Holding Company Act issues including acquisitions, intercompany agreements and investment laws, as well as compliance, licensing and Affordable Care Act issues. She has counselled private equity funds, insurers, reinsurers, producers and other insurance industry professionals, helping to achieve compliance, obtain transaction approval and develop new products. Always monitoring and analyzing the latest regulatory developments, she assists clients with state legislative updates and regulatory investigations

Ms. Opell advises clients regarding and assists in the preparation of regulatory filings associated with acquisitions of insurance companies, as well as those related to affiliated transactions and other holding company transactions, such as redomestications and demutualizations. Additionally, she has counselled clients on the regulatory landscape related to captive insurance companies and “XXX reserves.”

Representative Experience

  • Counsel to one of the nation’s largest personal lines and commercial insurance brokers. Handled several significant roll-up deals, including the acquisition of two insurance brokerages for a combined enterprise value exceeding $300 million.
  • Represented holding company in all insurance regulatory matters arising from the acquisition and demutualization of a commercial insurance company. This process required adherence to various regulations that affected over 5,000 policyholders and compliance with the Louisiana Department of Insurance.
  • Drafted all affiliated agreements, including the Investment Management Agreement, and worked closely with the Louisiana Department of Insurance to obtain approval.
  • Represented government entity in a complicated and contentious transaction (that had been pending for over a year) with respect to the approval of a prominent insurance company’s reorganization and conversion from a mutual insurance company to a stock insurance company, as well as the ultimate acquisition of the converted entity by a sponsor.
  • Acted as global insurance counsel for a multi-billion dollar private equity fund. Provided long-term strategic advice with respect to significant insurance acquisitions. Advised on all insurance M&A matters and acted as strategic counsel for portfolio insurance companies and insurance businesses.
  • Acted as insurance counsel in acquisitions of MGAs and similar regulated businesses for a major private equity fund.


Ms. Opell received her law degree from Fordham University School of Law (J.D., 2000), where she served as notes and articles editor for the Fordham International Law Journal. She obtained her bachelor of arts degree from the University of Pennsylvania (B.A., 1997).

Selected Publications

  • Co-author, “3 ways to turbocharge the sale of your insurance business,” PropertyCasualty360, May 26, 2017
  • Co-author, “First Steps Under New York's Cyber Rules: Risk Assessment, Policies, Procedures,” Insurance Journal, April 12, 2017
  • Co-author, “New York's Cybersecurity Rules: What Insurance Professionals Should Know,” Insurance Journal, March 6, 2017
  • “NY's Stricter Insurance M&A Rule May Block Capital Flow,” Law360, June 10, 2014
  • “Country Q&A: Insurance and Reinsurance in the United States,” Practical Law Company, PLC Cross-border Insurance and Reinsurance Handbook, 2010

Past Speaking Engagements

  • “Critical Issues in Cybersecurity: Are you prepared and in compliance?” Property Casualty Insurers Association of America (PCI) ACIC General Counsel Seminar, San Diego, CA, July 27, 2017
  • “Critical Policies for Cybersecurity Compliance” Louisiana Insurers' Conference (LIC) Annual Compliance Seminar & Legislative Review, New Orleans, LA, June 22, 2017
  • “Examining the Implications of Recent Health Insurance Consolidation, and the Latest Issues Related to the Seeming” Demise of Health Insurance CO-Ops, American Conference Institute's 11th National Forum, March 1, 2016

Admissions and Professional Affiliations

Ms. Opell is admitted to practice in the state of New York. She is a member of the New York City Bar Association, Committee on Insurance Law.



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Fall NAIC Meeting Reception
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New York, NY