Insurance law is constantly evolving, and changes in financial supervision law are made with great frequency and follow one after another at a steady rate. In addition, the duty of care owed by insurers and insurance brokers is constantly expanding, and this duty of care is being increasingly shaped by financial supervision law. Furthermore, social developments have brought about the need for new insurance products, such as data and cybercrime insurance and insurance for self-propelled cars. And insured persons are increasingly asking questions about the coverage provided by these new insurance products.
Loyens & Loeff advises and litigates on a wide variety of insurance-related issues and has extensive experience in assisting all parties in the insurance process, including insurers, reinsurers, insurance brokers and commercial insureds. We monitor developments at European as well as national level.
Our knowledge extends beyond regular insurance products, such as fire insurance, business loss insurance and liability insurance; we can also assist you with questions about latest developments, such as the Insurance Distribution Directive (IDD), Solvency II and Warranty & Indemnity Insurance. Our advice integrates our knowledge in the fields of liability and financial supervision law, tax law, corporate law, litigation and arbitration law.
We can advise you in the following areas:
- financial supervision; for example, in the area of market access and the ban on commission payments;
- portfolio transfer; both insurers as intermediaries;
- mergers and acquisitions, etc.
We assist insurance companies, reinsurance companies, brokers and insured persons with complex litigation cases. We have years of national and international experience in litigation and arbitration on:
- coverage disputes;
- liability; and
- financial supervision law.
Contact one of our legal advisers for more information on how we might be of service in advising on insurance law, litigation or disputes.