Frank Palmay, P.Eng.
National Co-chair – Insurance and TerraLex North America Co-chair – Insurance
Frank Palmay is a partner in the firm's Toronto office. Frank's practice consists of general corporate and commercial law with particular emphasis on insurance matters, health, technology and mining exploration. In the insurance area, Frank has advised on insurance and reinsurance company acquisitions, domestications and reorganizations; policy drafting and review and regulatory approvals; direct marketing; strategic planning and coverage issues. For a number of years, Frank has also advised several organizations in the not for profit and in the health care sector, providing counsel on a wide range of areas including governance, and general commercial matters.
In the mining sector, Frank Palmay has advised on exploration and mining projects in Canada, the United States, Ecuador, Cuba, Iceland, Greenland and Kazakhstan. Frank also has advised venture capital companies, Crown corporations, manufacturers and research companies on technology and commercial matters.
- Listed in The Best Lawyers in Canada 2013 as a leader in Corporate Law and Insurance Law
- Practical Law Company's PLC Which Lawyer? Listed as highly recommended practitioner for Insurance: Transactional and Regulatory
- Received an "AV" Peer Review Rating, the highest rating awarded from Martindale-Hubbell
- Association of Professional Engineers of Ontario
- Hungarian Canadian Bar Association (Founding Member)
- Ultimate Corporate Counsel Guide Customer Advisory Board Member
- Canadian Bar Association
- Ontario Bar Association
Frank Palmay is currently a director and a member of the Corporate Governance Committee of Omega General Insurance Company.
Frank previously served as a Trustee of Bloorview Kid's Rehab (formerly Bloorview MacMillan Children's Centre), and was Chair of its Governance Committee and a member of its Executive and Research Committees; was formerly a director and chair of Providence Centre (hospital and home for the aged); and was a founding member of Save the Mothers a charity devoted to partnering to improve the lives of mothers in the developing world.
Frank frequently writes and lectures on insurance, risk management and corporate governance and has lectured on engineering, environmental and nuclear law, law office management and corporate matters.
Frank Palmay has acted in the following regulatory insurance, corporate insurance, mining, health, commercial, and technology matters:
publications and presentations
- Frank oversees the firm's collaboration with Ethidex Inc.'s offering of Risk Manager® a web based risk management and legislative compliance tool for insurance companies
- Acted as Canadian regulatory counsel for a European based insurer in the sale of its worldwide reinsurance business for US$1.6 billion
- Acted for The Royal Conservatory of Music on its joint venture with Carnegie Hall to establish The Carnegie Hall Royal Conservatory Achievement Program throughout the United States
- Advised an Ontario hospital on coverage issue arising from a c-dificile breakout
- Acted for BBM Canada on its joint venture with Nielsen Media Research to form BBM Nielsen Inc., which eliminated the duplication of television audience data collection in Canada
- Acted for a Canadian property and casualty insurer in its post-acquisition reorganization of a nationwide insurer
- Since their inception, Frank has been responsible for leading the firm team in its representation of a number of the Community Care Access Centres in the greater Toronto region for whom we are now general counsel providing advice on a wide range of areas including governance, RFP's, employment/labour matters, service and privacy issues and general commercial matters
- Advised the Ontario primary health care doctors on the implementation of Ontario's first tele-health initiative and worked closely with the Ontario Medical Association and the Ontario Ministry of Health and Long Term Care
- Represented three Ontario acute care hospitals and a university on matters related to the liquidation of Confederation Life