Regulatory Law

We advise captives, insurance brokers, insurtechs and insurers on all regulatory issues.

How we support you

IDD, Solvency II, MiFiD II – it is becoming increasingly difficult for insurance brokers, insurance companies and captive insurance companies to find their way through the jungle of legal requirements. We help them to find an efficient way through all supervisory law related issues.

Among others, we advise on the following topics:

  • requirements for the sale of insurance products (brokerage, distance selling, direct sales, etc.), such as the scope of the licence requirement under Section 34 d GewO
  • obligations of intermediaries and associated liability
  • regulatory compliance requirements of the insurance industry (including reporting obligations under Solvency II, insurance tax compliance in international business, business in non-admitted countries, etc.)
  • issues relating to the remuneration of intermediaries and insurance executives
  • legal support in the run-off of insurance portfolios

We also advise on establishing subsidiaries in Germany, on joint ventures and on regulatory requirements for the launch of new financial and insurance products.

What we achieve for you

Our advice ensures that our clients 

  • are compliant with regulatory requirements – both in domestic and foreign business
  • avoid fines and liability risks and
  • realise innovations and new projects in a legally compliant manner

"The team has excellent legal and industry expertise, especially with regard to the regulatory framework."

Client feedback, The Legal 500

Case closed:
Restructuring of an insurance sales organisation

The project

Our client, an insurance broker specialising in corporate health insurance for employees, was planning to optimise its sales and benefits billing. The focus was on introducing a digital platform under a new brand and integrating it with corporate health related services.

The challenge

The previous sales structure did not match the desired change in the business model, so the client commissioned our team to develop a concept for a clean and lean restructuring of the insurance sales organisation in terms of insurance and brokerage law.

The solution

As a result, we developed an overall concept that outlined several steps towards the desired reorganisation. Among other things, the model also provided for adjustments to company law and insurance contracts in order to fulfil all legal requirements. We were also able to assist the company with the subsequent implementation.