Larry (David) Davie is a highly experienced insurance regulatory and transactional attorney with more than 25 years of experience advising insurers, insurance-related businesses, financial institutions, healthcare organizations, and other regulated companies on complex regulatory, corporate, compliance, privacy, and commercial matters. He counsels clients on insurance regulatory compliance, strategic transactions, corporate governance, licensing, privacy and data security, and operational issues that arise in highly regulated industries. Drawing on both private practice experience with one of the nation’s premier insurance law practice groups and in-house counsel experience with multinational financial institutions, Larry provides practical, business-focused legal guidance that helps clients navigate evolving regulatory requirements while achieving strategic business objectives.
Larry regularly serves as outside counsel to insurance companies, insurance intermediaries, financial services companies, healthcare organizations, technology providers, and emerging growth businesses. His practice combines regulatory, transactional, and compliance experience, enabling him to help clients efficiently structure transactions, manage risk, and address legal and regulatory challenges before they become business obstacles.
Distinctive Strengths
Larry’s practice is distinguished by the combination of deep insurance industry knowledge and significant in-house experience. Having advised clients from both inside and outside regulated organizations, he understands the legal, operational, and business considerations that drive decision making.
Clients value Larry’s ability to:
• Anticipate legal and regulatory issues before they arise
• Provide practical, business-oriented solutions rather than purely technical legal advice
• Structure and negotiate complex transactions efficiently
• Balance regulatory requirements with commercial objectives
• Navigate interactions with regulators and government agencies
• Coordinate legal, compliance, operational, and business stakeholders to achieve successful outcomes
His experience spans insurance, financial services, healthcare, technology, and privacy-related industries, allowing him to address interconnected regulatory and transactional issues that many companies face as they grow and evolve.
In recognition of his work in the insurance industry, Larry has been included in A.M. Best’s Directory of Recommended Insurance Professionals based on client recommendations.
- Locke Lord, LLP
- Subsidiaries of National Bank of Canada
- Marine Bank Springfield
- Southern Illinois University School of Law, J.D. with Dean's Honors
- Murray State University, B.A.
Insurance Regulatory and Transactional Matters
Larry advises insurers and insurance-related companies on a broad range of regulatory, corporate, and transactional matters, including:
• State insurance regulatory compliance and licensing
• Insurance company formations and corporate governance
• Mergers, acquisitions, and corporate restructurings
• Regulatory approvals and change-of-control transactions
• Strategic partnerships, distribution arrangements, and administrative services agreements
• Insurance product development, policy forms, and related filings’
• Representation before state insurance regulatory authorities
• Market expansion initiatives and multi-state regulatory compliance
Industry experience includes:
• Life/annuity and health insurers
• Property and casualty insurers
• Captive insurers
• Insurance agencies and producers
• Third-party administrators
• Warranty and service contract providers
• Life settlement providers and brokers
• InsurTech companies and digital insurance platforms
Financial Institutions and Financial Services
Having served as in-house counsel for major financial institutions, including subsidiaries of one of Canada’s largest banking organizations, Larry provides practical guidance grounded in firsthand industry experience.
His work includes:
• Regulatory and compliance counseling
• Commercial lending and financial services matters
• Payments, fintech, and electronic commerce initiatives
• Commercial contracting and risk management
Privacy and Data Security
Larry helps clients develop practical privacy and information governance programs tailored to their operational and regulatory environments.
His experience includes:
• HIPAA compliance and healthcare privacy matters
• Privacy and data security compliance programs
• Data breach preparedness and incident response
• Consumer privacy and information governance issues
Healthcare
Larry advises healthcare organizations and healthcare-related companies on transactional, operational, and regulatory matters, including:
• Mergers, acquisitions, and strategic transactions
• Managed care and provider agreements
• HIPAA compliance and data privacy issues
• Vendor and technology contracting
• Regulatory and corporate governance matters