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Bert Adams

Partner
Global Co-Head, Insurance
Executive Committee Member
Deputy Practice Group Leader, Insurance

Bert Adams helps buyers and sellers strategically negotiate and find consensus in complex corporate mergers and acquisitions.

His clients are financial services companies, especially life and property and casualty insurers and reinsurers.

Bert has represented clients in mergers and acquisitions for over 25 years. Bert’s insurance industry experience includes transactions structured as acquisitions of entities and as acquisitions of blocks of business via indemnity or assumption reinsurance. He also has significant mergers and acquisitions experience involving retirement services businesses, broker-dealers and investment advisers.

Bert is the co-Practice Group Leader of the Eversheds Sutherland (US) Insurance team and a former member of the firm’s Executive Committee. Bert has significant experience counseling clients in acquisitions/dispositions of retirement services businesses, broker-dealers and investment advisers.

  • Represented Equitable Life Insurance Company in the acquisition of Penn Investment Advisors, Inc., a registered investment adviser and subsidiary of Penn Community Bank.
  • Represented Securian Financial Group, Inc. in the auctioned sale of its retirement plan recordkeeping business to Standard Insurance Company.
  • Represented IGM Financial, one of Canada's largest diversified wealth and asset management companies, in its purchase of an approximately 20.5 percent equity interest in Rockefeller Capital Management, for consideration of approximately $622 million.
  • Served as independent adviser to the board of directors of Resolution Life, a global life insurance group, in entering into a strategic partnership with Blackstone.
  • Advised Securian Financial Group, Inc. in entering into a definitive agreement to sell its retirement plan recordkeeping business to Standard Insurance Company.
  • Represented Empower in its acquisition of MassMutual’s retirement services business for a total transaction value of $3.35 billion.
  • Represented Empower in its acquisition of Prudential’s retirement plan business for a total transaction value of $3.55 billion.
  • Represented Nassau Financial Group in an agreement to acquire Foresters Life Insurance and Annuity Company.
  • Represented Aflac in a product development and reinsurance transaction with Reinsurance Group of America (RGA).
  • Represented Allstate Insurance Company in the acquisition of First Jersey Casualty Insurance Company.
  • Represented Aflac in a product development and reinsurance transaction with DRMS New York (SunLife).
  • Represented Capital One in the sale of its 401(k) advisory business.
  • Represented Allstate Insurance Company in the acquisition of PlumChoice, Inc.
  • Represented Great-West Life & Annuity Insurance Company in the sale of its individual life insurance and annuity business via reinsurance to Protective Life Corporation.
  • Represented Automobile Club of Southern California in the acquisition of 50% of Motor Club Insurance Company and in the formation of a related joint venture.
  • Represented Scottish Widows in its pension risk longevity reinsurance transaction with Prudential Insurance Company.
  • Recognized by The Legal 500 United States in the area of mergers and acquisitions: middle-market (2015-2019) and insurance: non-contentious (2017-2018, 2020-2023)
  • Recognized as a Thomson Reuters Stand-out Lawyer (2022-2023), an independent, client-driven recognition
  • Named to The Best Lawyers in America in the areas of mergers and acquisitions (2009-2010, 2013-2023) and leveraged buyouts and private equity law (2009-2023)
  • Recognized by Chambers USA: Guide to Leading Business Lawyers in the area of mergers and acquisitions (2011, 2012, 2013) and in the area of insurance: transactional and regulatory (2017-2023)
  • Recognized as BTI M&A Client Service All-Star (2021)
  • Recognized by Expert Guides in the area of mergers and acquisitions (2016)
  • Named to New York Area Best Lawyers for leveraged buy-outs & private equity law, and mergers & acquisitions law (2014)
  • Member, American Bar Association
  • Member, New York City Bar Association
  • Member, Life Insurance Council of New York (LICONY)
  • Graduate, Leadership Atlanta (Class of 2006)
  • Georgia
  • Illinois
  • New York
  • A.B., magna cum laude, Harvard College
  • J.D., cum laude, Northwestern University School of Law,

    Order of the Coif

Bert Adams

Partner

Global Co-Head, Insurance
Executive Committee Member
Deputy Practice Group Leader, Insurance

Bert Adams

Partner

Global Co-Head, Insurance
Executive Committee Member
Deputy Practice Group Leader, Insurance

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