Our team has extensive experience in the field of insurance law. We provide clients with legal advice and assistance in commercial law and regulatory matters in this field.
We provide advice on the regulatory framework for the provision of insurance services from local and foreign companies, insurance companies, insurance brokers and intermediaries. We work with clients on preparing the terms and conditions for insurance and we provide assistance in the preparation of all types of insurance contracts and related documents in the field of property and personal insurance.
We provide investors, traders and other consumers of insurance services with legal analysis and advice on the conclusion of such contracts. We advise our clients on determining the appropriate level of insurance coverage, the scope of covered risks, the calculation of insurance benefits and on the appointment of technical expertise.
The realization of investment projects is often associated with taking risks related to their financing and implementation. Our longstanding practice in such cases allows us to advise our clients in selecting the most appropriate insurance and insurance partners in such projects in order to achieve maximum security and adequate guarantees for the investors and their creditors.
The legal services we provide are:
• preparation of documentation and representation in front of the Financial Supervision Commission in relation to registration and issuance of permits and licenses to insurance companies, branches of foreign insurers, insurance brokers and mediators;
• preparation of terms and conditions of insurers;
• assistance in preparation of all types of insurance contracts and related documents;
• advice in relation to ongoing business of insurance and reinsurance companies and mediation in conversion, termination and transfer of insurance portfolios;
• assistance to insurance companies in their relations with supervisor authorities;
• preparation of internal rules and policies of insurance companies;
• consultation in conclusion of insurance contracts and implementation of insurance claims related to the occurrence of insured events;
• filing of claims for compensation to insurers, representation in negotiations and preparation of documents related to the payment of insurance benefits;
• legal and arbitration litigation in insurance disputes in relation to insurance contracts, amount and payment of insurance compensations, administrative disputes, tax matters and appeals against decisions of the Financial Supervision Commission, mediation and negotiation between interested parties.
