Kompass Advokat

We are specialists within finance regulatory and insurance law, data privacy and data protection, dispute resolution and supervisory matters, corporate, e-commerce and contract law.

Finance regulatory and insurance law

We have extensive legal experience in virtually all matters that may arise in the insurance industry. We also assist other financial entities with various types of advice. Among us are employees with a background as a corporate counsels at insurance companies and counsel at the Swedish Financial Supervisory Authority’s insurance department. Our strength lies in our in-depth industry knowledge and understanding of our clients’ operative climate and business conditions. We have extensive experience in staffing various types of functions and roles at insurance companies, e.g. chief legal counsel, legal counsel and the compliance function.

We regularly provide advice on matters such as regulatory and compliance (Solvency II, IDD, IORP II, etc.), outsourcing and cloud solutions, insurance products and product/customer documents, claims and disputes, commercial contracts, IT and digitalisaton, ICT, data protection/GDPR and sustainable finance/ESG-matters.

Data privacy and data protection

Employees at Kompass Advokat have assisted clients with advice in data protection and personal data management since the nineties. Several clients have appointed us as external data protection officer (DPO) for their business. We have developed special methods to ensure compliance by companies and organizations with current data protection regulations. We apply a risk-based approach with a focus on identifying and proposing measures to handle deviations from the regulatory framework without unnecessary interventions in the day-to-day operations. Through our broad experience in helping clients in a range of different industries, we can achieve a combination of legal analysis and business considerations that makes us unique in the market.

With our expertise comes an ability to tailor solutions in accordance with the client’s needs. We are used to acting as external corporate counsel and as a sounding board for the client’s legal department for longer periods. For larger projects, we can take on the role of project manager or expert competence, depending on the client’s needs. With our pragmatic approach, we make it easy for companies and organizations to adapt their operations to a complex set of regulations.

Dispute resolution and supervisory matters

We assist clients in connection with commercial disputes, claims and settlement negotiations, in and out of court and in arbitration proceedings. We also provide advice in the initial stages of disputes and claims. We also help analyzing contracts and related issues before a dispute arises. Other assignments include drafting claim letters, settlement agreements and handling other dispute related correspondence.

We are used to producing litigation overviews and together with clients assess which cases should be pursued in court or arbitration, and which cases where other solutions should be sought, such as an out-of-court settlement. We have worked in the claims department of insurance companies and know how we as a law firm can assist insurance companies in a practical and efficient way. Our employees also have work experience from the general courts, administrative courts and the Financial Supervisory Authority.

Corporate, e-commerce and contract law

With a strong business focus and extensive experience in legal advice, we provide ongoing operational support to companies, primarily with a focus on general association law, commercial agreements and e-commerce. We advise companies and associations in matters concerning corporate governance, restructuring and reorganization, capital protection, minority shareholders protection, directors’ liability and other corporate law issues.

We draft, negotiate and review different types of commercial contracts, for example cooperationagreements, general terms and conditions, letters of intent, shareholders agreements and serviceagreements.

We have extensive legal experience in virtually all matters that may arise in the insurance industry. We also assist other financial entities with various types of advice. Among us are employees with a background as a corporate counsels at insurance companies and counsel at the Swedish Financial Supervisory Authority’s insurance department. Our strength lies in our in-depth industry knowledge and understanding of our clients’ operative climate and business conditions. We have extensive experience in staffing various types of functions and roles at insurance companies, e.g. general counsel/company counsel and the compliance function.