Loyens & Loeff

Insurance Department

Netherlands
Current View:

This content is provided by Loyens & Loeff.

Overview

The Loyens & Loeff insurance practice handles high-profile matters for both leading insurance companies, intermediaries and corporate clients. Our team also renders assistance when financial market regulators conduct investigations. The core of the team consists of ten lawyers specialised in contractual insurance law, liability and litigation, financial services, corporate law and tax law. Their services address the many aspects of the insurance industry. The team advises on (re)insurance products and agreements (including policy conditions), (re)insurance claims (related to product liability, credit insurance, professional liability, directors’ and officers’ liability, construction and technical damages), cover-related disputes and fraud, liability risks, regulatory aspects encountered by intermediaries and insurance companies in establishing and running companies in the Netherlands, and insurance industry-related mergers and acquisitions, portfolio transfers and reorganisations. The current market developments imply that a lot of the Insurance team’s effort is dedicated to Solvency II compliance issues, the Insurance Distribution Directive, cooperation agreements between insurers and intermediaries and in general the compensation and commission arrangements that apply to intermediaries, portfolio transfers and product development.