NU Online News Service, Feb. 10, 12:59 p.m. EST
James Wrynn, deputy superintendent of Financial Services in New York, and the state's former insurance superintendent before the banking and insurance departments were merged, is leaving the Department of Financial Services to join law firm Goldberg Segalla LLP.
Wrynn will join the Buffalo, N.Y.-based firm's New York City office and will serve as senior partner with its Global Insurance Services practices group.
DFS spokesman David Neustadt tells NU Online News Service that the department's Executive Deputy Superintendent Robert Easton "is and continues to be responsible for the Insurance Division of the department. There is no change in that regard."
Benjamin M. Lawsky, Financial Services superintendent, says in a statement, "Jim was instrumental in ensuring the successful launch of the Department of Financial Services when the former insurance and banking departments merged last year to create a single regulator. Jim's insight and experience were extraordinarily helpful in ensuring a smooth, efficient transition and I am grateful for all of his efforts."
In a separate statement, Richard J. Cohen, managing partner of Goldberg Segalla, says, "The addition of Jim Wrynn to our team marks a significant milestone in our firm's growth and a reinforcement of our position as a premier law firm for the global insurance and reinsurance markets."
Wrynn says, "In my career I've had the opportunity to develop great relationships with a number of the partners at Goldberg Segalla, and I felt this firm would be the perfect fit for my return to private practice because of its high regard in the insurance industry and its refreshing service ethic that truly does put clients first. I've always admired the breadth and depth of the firm's capabilities, as well as its bold vision to become the go-to law firm for insurers and reinsurers everywhere. I'm excited to join this talented team, and I look forward to serving the needs of our clients."
Wrynn's last day at DFS will be March 2.
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