Insurance is a specialized
area, however in practice it is also closely connected with other
areas of specialization. As a result, to render competent legal services
in insurance law a lawyer must have professional knowledge and a wealth
of experience in insurance as well as a diversity of other areas,
and be familiar with the relevant legal requirements. Our insurance
industry specialists focus on providing you with innovative solutions
to increasingly complex issues. We base our service on understanding
your business and your market at a local level, and providing the
cross-border expertise and resources required to help you achieve
your business goals.
We match our services to your unique goals and
concerns within the insurance industry. We work for a wide range of clients,
including: life, non-life and composite companies, reinsurers, insurance
and reinsurance brokers, friendly societies, mutual insurers, trade associations, consulting actuaries, investment banks, accountants, insolvency practitioners
and insolvent insurance companies.
Insurance company formation, capitalization,
licensing, acquisition, merger and liquidation.
Holding company regulation, including liability
of directors and officers, change of control, and reporting and approval
of dividends and other affiliate transactions.
Financial regulation, including compulsory
and security surplus, qualifying and prohibited investments, valuation
of assets, reserve requirements and annual reports.
Reinsurance transactions, including drafting
issues, qualifying reinsurance, arbitration, letters of credit and other
Marketing issues, such as rate regulation,
agent contracts, licensing and compensation, and unfair marketing practices.
Claims and policyholder relations matters,
including policy and coverage issues and litigation, claim settlement
practices, policyholder fraud, and guaranty fund operations.
Policy form revisions and approvals.
Regulatory relations, including audits and
examinations, rate and form filings, administrative lobbying, and enforcement
Special issues facing managed care organizations
and other health care plans, including reform initiatives, business plan
filings, provider contracts, coverage mandates.