Stuart Carruthers

Stuart Carruthers stands as a distinguished partner in the realms of Insurance & Reinsurance, Financial Products & Services, and Mergers & Acquisitions. Renowned for his unmatched advisory capabilities to the Canadian insurance and reinsurance sectors, Stuart's acclaim extends across transactional, commercial, governance, and regulatory advice, earning him top rankings in directories such as Chambers, IFLR1000, Who’s Who Legal: Canada, and Lexpert.

With a deep-rooted specialization in the insurance, reinsurance, and financial services sectors, Stuart's proficiency covers a wide array of transactions and regulatory issues. These include company and portfolio acquisitions and sales, the establishment and authorization of insurers and brokers, financing deals, outsourcing arrangements, white-labeling initiatives, and extensive regulatory advice encompassing distribution, market conduct, and compliance among other areas.

Stuart's track record boasts involvement in over thirty successful sales of Canadian insurance entities.

In his professional engagements, Stuart holds leadership positions such as Co-Chair of the Insurance and Reinsurance Committee within the New York State Bar Association’s International Law Section and a pivotal role in the Steering Committee of the Northwind Professional Institute’s Annual Property and Casualty Insurance Forum. Additionally, he lends his expertise as a volunteer advisor to the Insurance Bureau of Canada’s Regulatory Affairs Committee.

He also initiated and leads as the editor-in-chief for the Canadian Insurance Regulation Reporter, a Butterworths’/LexisNexis’ quarterly publication that stands as a principal source in its field.

Stuart's academic credentials include an LL.B. from Queen’s University and an Honours B.A. from the University of Toronto. His official induction to the Ontario Bar took place in 1995.

Among his notable recent endeavors, Stuart played a key role in NFP’s monumental US$14.3 billion acquisition by Aon, supported Ignite Services through its innovative CCAA reverse vesting order sale to Southampton Financial Inc., and facilitated Aviva Canada's strategic C$170 million purchase of the Optiom warranty group.