Insurance law covers a very broad range of services – from the incorporation, regulation and licensing of insurers, brokers and reinsurers; ensuring products comply with legal requirements; representation before supervisory authorities; and the drafting of insurance contracts and the administration of claims, through to the resolution of disputes arising out of insurance relationships.

We advise companies operating in the insurance sector on all issues related to legal requirements and the regulatory framework, product development, investments, insurance intermediation and other matters, and—drawing on our experience—will represent you and assist with everything from document preparation to advice on a transaction’s compliance with Lithuanian law.

Glimstedt’s disputes team has extensive experience, successfully representing global insurers in professional indemnity and directors’ and officers’ (D&O) liability cases, as well as in construction and works-insurance disputes.

Services

Corporate set-up & regulation

• Formation and licensing of insurers, insurance brokers and reinsurers

• Ensuring product compliance with legal and regulatory requirements

• Advice on product development and insurance-regulatory matters

• Representation before supervisory authorities

Insurance contract management

• Negotiation and conclusion of insurance contracts

• Administration of claims and losses

Dispute resolution & liability

• Insurance disputes

• Professional indemnity and directors’ and officers’ (D&O) liability matters

Our practical experience in insurance law enables us to deliver specialised services that not only ensure compliance with complex insurance regulation, but also help clients manage risk effectively and resolve disputes.