Debevoise & Plimpton LLP is advising Alaska National Insurance Company in its acquisition by Copperpoint Insurance Companies and the acquisition of its wholly owned subsidiary Alaska National Insurance Company (ANIC), an Alaska domiciled workers’ compensation and commercial insurance carrier. The transaction is expected to close once customary regulatory reviews and approvals are received. For more information, please read the company’s press release.
Founded in 1980, Alaska National Insurance Company is a leading commercial insurance provider in the western United States. Operating in four regions—Alaska, Pacific Northwest, Inland Northwest and California—the company focuses on workers’ compensation, commercial property and auto, general liability, inland marine, umbrella, crime and other commercial insurance services. Founded in 1925, CopperPoint Insurance Companies is a leading provider of workers’ compensation and commercial insurance solutions. With an expanded line of insurance products and a growing six-state footprint in the western United States, CopperPoint embodies stability and sustainability for policyholders in AZ, CA, CO, NM, NV and UT.
The Debevoise team is led by corporate partners Drew Dutton and Nicholas Potter, and includes employee benefits partner Jonathan Lewis and corporate associates Risa Gordon and Paulina Stanfel and law clerk Ali Bazzi. The tax team included partner Gary Friedman and associates Daniel Priest and Cameron Rotblat.
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