Advising insurance companies is one of the pillars of the our Firm's activities. For years we have been advising insurers both in their day-to-day operations and on all legal issues that are relevant to an entity operating in the regulated market.
Years of providing services to insurers have allowed us to learn the legal specifics of the insurance industry. We are well aware of the challenges faced by insurance companies, as in our daily work we assist them in pursuing their business goals as safely and efficiently as possible.
Legal assistance provided to our Clients allows us to keep abreast of the insurance market, thanks to which we not only provide support in solving emerging legal problems, but also ensure that with the help of appropriate legal protection we prevent their occurrence.
We know that operating in the insurance market is a great challenge and responsibility, which is why we are convinced that choosing the right legal advisor is a key element of risk management by insurance companies. We offer our Clients both comprehensive assistance (as part of regular legal services) as well as support for specific, individual projects.
How do we support our Clients?
- we support insurance companies in the creation or reorganization of systems and internal procedures in the broadest sense: in particular, we advise on the legal risk management system of compliance, the complex organization of litigation against and by the company, the product management system or product adequacy testing procedures;
- we prepare and provide opinions on draft insurance agreements and general terms and conditions of insurance and also support our Clients in negotiating their final wording - many years of experience in the subject of insurance law allows us to effectively secure the interests of the insurer;
- we prepare and negotiate contracts between insurance or reinsurance companies and subcontractors (outsourcing), insurance producers (including banks in the bancassurance model), other insurance or reinsurance companies;
- we provide support in all legal aspects, especially related to the functioning of the entity in the regulated market: we advise on the insurance company's relations with the Office of Competition and Consumer Protection (UOKiK), Financial Supervision Authority (KNF), Protection of Personal Data Office (UODO), Inspector General of Financial Information (GIIF), Insurance Guarantee Fund (UFG), Polish Motor Insurers' Bureau (PBUK), and the Polish Financial Supervision Authority (RzF) (especially with regard to notifications, inspections and disputes); we advise on regulatory aspects of anti-money laundering and countering the financing of terrorism (AML/ KYC); we advise on the legislative process;
- we represent our Clients in pre-litigation and court disputes, in all types of civil and criminal proceedings (both personal injury and property damage, in active and passive cases), we provide both comprehensive legal services for a portfolio of court cases as well as we conduct selected court proceedings (as requested by the Client);
- we support in the establishment of new entities in the insurance market: insurance companies, foreign branches of insurance companies, underwriting entities;
- we provide training for insurance market operators and regulators on insurance law.