We provide out of the box solutions for troubled insurers
Insurance consultants on regulation, restructuring and insolvency, litigation, and public policyLEARN MORE
We develop innovative solutions for troubled insurers.
We assist companies in avoiding regulatory takeover, formulating a detailed overarching strategy and implementation plan that responds to the situation. We assist in selling the plan to the regulatory community and stakeholders. By quickly evaluating and executing strategic options, we help companies preserve policyholder and investor values.
The Schacht Group advises insurance companies on emerging issues and critical challenges. Building on President James W. Schacht’s in advising insurers and regulators, the firm offers authoritative guidance on both the routine and unexpected, thornier regulatory concerns, litigation, and public policy initiatives. extensive experience
With expert appearances in numerous State and Federal Courts, we can serve as consulting experts on complex issues and provide expert testimony for insurers, law firms and regulatory agencies.
We advocate on behalf of insurers seeking approval of acquisitions, mergers, or other transactions.
We expand thinking on issues of importance to the industry, by conducting in-depth studies for professional insurance organizations and drafting model laws, regulations and procedures on emerging issues.
I want to thank you for your help with expert testimony in the Morson v. Oppenheimer matter. As you can see, FINRA securities arbitration is neither expeditious nor cost effective. Although I could not be in the room when you testified, all reports were that your testimony was extremely helpful, and I want to thank you personally for being available in such short notice.
JOHN S. MCGOVERN Deputy General Counsel Director of Litigation Oppenheimer and Co., Inc
The Schacht Group provides our firm with advisory services that allow us to structure our business and products to engage in multi-state transactions and meet the differing requirements of many jurisdictions.
GAVIN TURNER Managing Partner and Founder, Mainsail Partners
Jim's broad and deep knowledge, his close relationships with regulatory and insurance business contacts throughout the country, and his problem-solving, unpretentious approach have made him an invaluable resource to Triad Guaranty.
WILL RATLIFF Chairman Triad Guaranty
Jim's thoughtful leadership on issues that are of critical interest to state legislators and the insurance industry is authoritative, insightful and well-done. His work has synthesized major concerns with the market conduct surveillance system. After a result of his research, NCOIL continues to develop model legislation to significantly change what regulators do to monitor insurer practices and institute remedial action. Jim continues to be a strong proponent for improving and strengthening state insurance regulation.
SUSAN NOLAN Executive Director National Conference of Insurance Legislators
If an insurance regulator Mount Rushmore is ever built, Jim Schacht would be the one in the middle.
DAVID WALSH former NAIC President and Alaska Insurance Director
What We Provide
The Schacht Group, Inc. is founded on the growing need
for expert counsel to companies, law firms, and regulators in the insurance field.
We work with professional associations, state regulators and legislators on researching issues of critical interest. Our unique perspective and knowledge assists the industry in analyzing emerging issues.
We provide expert testimony in State and Federal Courts and serve as consulting experts on complex industry issues for insurers, law firms and regulatory agencies.
We advise on the administration of insurance entities in unsound financial condition, the improvement of departmental functions and processes and complex insurer transactions.
We assist regulators in understanding and approving what insurers seek to achieve: restructuring and insolvency, new product development, large scale regulatory responses, acquisitions and mergers and compliance structures.
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The Schacht Group, a specialized independent consulting firm, helps clients identify practical solutions to the challenges of risk, uncertainty and distress. Unlike law firms and other consultants, we understand the nuts and bolts of the insurance industry.