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Stuart S. Carruthers

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(416) 869-5600

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Stuart S. Carruthers
Law Practice
Stuart Carruthers is a partner in Stikeman Elliott's Toronto office and a leading transactional, commercial, governance and regulatory advisor to insurance and reinsurance companies and brokers in Canada. He also advises on other international private mergers and acquisitions transactions and commercial matters. He is recognized by Who's Who Legal: Canada for his insurance and reinsurance law expertise, and is cited in that guide as "a 'key figure' in the area and a 'skilful practitioner' in a wide variety of insurance matters. He is considered to be 'at the top of his game'". He is the only Canadian insurance corporate/regulatory counsel recognized in the highest categories in all three of Chambers, Who's Who and Legal Media Group.

Mr. Carruthers has particular expertise in insurance, reinsurance and related financial services transactions and regulatory matters, including acquisitions and dispositions of insurers and books of business, formation and licensing of insurers and intermediaries, financing transactions, outsourcing transactions, white labelling initiatives and advice on a broad range of distribution, market conduct, compliance and other regulatory matters.

He is also the founder and editor-in-chief of Butterworths'/LexisNexis' quarterly legal journal Canadian Insurance Regulation Reporter, the leading Canadian publication in the field.

Mr. Carruthers' practice is internationally recognized, including by the following publications:

  • Chambers Canada 2017 as a Band 1 ranked lawyer in Insurance, with clients noting he "is an exceptional insurance lawyer" who is viewed as "one of the foremost experts in Canada; he's extremely knowledgeable, a great person to deal with and good at developing strategies to deal with issues as they arise."

  • International Financial Law Review's IFLR1000: The Guide to the World's Leading Financial Law Firms 2017 as a leading lawyer in Financial Services Regulatory.

  • The Canadian Legal Lexpert Directory 2016 as a leading lawyer in the Financial Institutions Regulation: Ontario.

  • Who's Who Legal: Canada 2016 in Insurance & Reinsurance.

  • Who's Who Legal: Insurance & Reinsurance, 2017.

  • Legal Media Group's 2016 Expert Guides: Insurance & Reinsurance and Best of the Best 2013 for Insurance and Reinsurance Law.

Professional Activities
Mr. Carruthers is co-chair of the New York State Bar Association's International Law Section, Insurance and Reinsurance Committee and a member of the Steering Committee of the Northwind Professional Institute Annual Property and Casualty Insurance Forum. He also serves as the volunteer outside advisor to the Regulatory Affairs Committee of the Insurance Bureau of Canada.

Queen's University (LL.B. 1993), University of Toronto (Honours BA 1990).

Bar Admission
Ontario, 1995

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