Insurance legal practice in India is a dynamic and specialized field that blends regulatory compliance, contract law, and dispute resolution. It involves advising insurers, reinsurers, intermediaries, and policyholders on matters governed by statutes like the Insurance Act, 1938 and the IRDAI Act, 1999.  The sector was privatised in the year 2000 and has attracted the interest from global insurance companies in core insurance services as well as in insurance distribution. While the regulatory framework in insurance is agile, if often requires comprehensive analysis before reaching to final interpretation. We specialise in this area and help our clients with inter alia following.

Insurance

   •  Drafting and vetting policy wordings (D&O, cyber, health, property)

   •  IRDAI licensing and compliance for insurance companies, insurance intermediaries

   •  Transaction advisory services for setting up the distribution models

   •  Litigation and arbitration for claim disputes

   •  Legal & Compliance risk assessment and mitigation

   •  Pre regulatory inspection assessment & advisory 

Reinsurance

    •  Terms of Business Agreement (TOBA)

    •  Registration of CBRs 

    •  Treaty and facultative contract structuring

    •  Retrocession and risk transfer legal advisory

    •  Representation in cross-border recoveries and disputes