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office@kpmglegal.ro
YOUR ATTORNEY-AT-LAW

Insurance

Our lawyers are acquainted with a broad range of aspects of insurance and regulatory issues.

KPMG Legal has a well-established insurance practice and our team provides support to a wide range of insurance market players. We act for insurers, reinsurers, as well as for brokers and other insurance distributors.
Our lawyers are acquainted with a broad range of aspects of insurance and regulatory issues and are closely involved with developments at the level of both the EU and local rulemaking and supervisory authorities.

INSURANCE AND REINSURANCE SERVICES

  • Licensing of insurers and reinsurers
  • Passporting to and from Romania of re/insurance services
  • Subsidiary establishment in Romania
  • Re/ insurance products
  • Sales/ distribution channels assessment
  • Liability to customers
  • Indemnity requests
  • Claims management
  • Terms and conditions and standard forms
  • Due diligence investigations and transaction assistance
  • General and regulatory compliance and monitoring the evolution of the legal framework
  • Executives and dedicated team training
  • AML assistance

INSURANCE DISTRIBUTION SERVICES

  • Licensing of insurance intermediaries
  • Passporting of intermediaries to and from Romania
  • Distribution agreements
  • Corporate governance
  • Regulatory assessment procedures assistance
  • Litigation support and representation
  • General and regulatory compliance and monitoring the evolution of the legal framework
  • AML assistance