The insurance sector requires advisors who truly understand the regulatory environment surrounding insurers, reinsurers and other players in the industry. The insurance team at Clasis Law grasps the challenges faced by the quickly growing Indian insurance industry and has structured its insurance practice to best assist clients in overcoming them. Our team comprises of specialist advisors who have in- depth experience in the sector, and holistically appreciate the operational nuances and practicalities of insurance business. Our insurance practice involves both contentious and non-contentious work. We pride ourselves on our capabilities and experience in advising and representing clients at each stage of the insurance process, including incorporation and setting up business, development of insurance products/policy terms, claims handling/coverage advice and insurance coverage litigation and arbitration. The team is regularly involved in providing policy coverage advice, acting in regulatory actions, pursuing subrogated recoveries, negotiating reinsurance communications and conducting litigation.
Our clients include a number of multinational insurance groups, reinsurers, domestic insurers, insurance brokers, corporate agents and other intermediaries. Our capacity to service the insurance sector is augmented by the support of our international association, enabling us to provide seamless legal support on multijurisdictional issues. Our international network and prior experience with clients from varied jurisdictions gives us an unequalled ability to effectively deliver on complex transnational disputes, acquisitions and structuring of global programmes.