The firm advises insurance and reinsurance undertakings, intermediaries and other market participants on regulatory, corporate and dispute-related matters across the insurance sector. Its work covers licensing, commercial matters, governance and product distribution, as well as interaction with supervisory authorities, within the framework of the Solvency II regime and the applicable Greek law. Combining regulatory insight with practical market understanding, the team assists clients in meeting compliance requirements while maintaining efficient and commercially viable operations. The firm’s experience includes advising leading international and domestic groups.

The firm’s expertise includes:

Licensing and organizational structure

• Establishment and licensing of insurance and reinsurance undertakings
• Structure of corporate governance and internal control systems
• Compliance with the Solvency II regime
• Advising and supporting insurance companies on “passporting” procedures, including the cross-border provision of services and establishment within the EU, regulatory notifications and ongoing compliance requirements

Regulatory compliance and oversight

• Reporting and supervisory compliance obligations
• Implementation of the Insurance Product Distribution Framework (IDD)
• Compliance policies, risk management and internal audit
• Consulting on ESG and sustainability issues in the insurance sector

Relations with supervisory authorities

• Representation before the Bank of Greece (Private Insurance Supervision Division)
• Management of audits and supervisory procedures
• Support in administrative procedures and sanctions

Formulation and distribution of insurance products

• Design and control of insurance products (product governance)
• Insurance Policy Terms and Underwriting Policies
• Distribution through networks, bancassurance and digital channels (insurtech)

Reinsurance and risk transfer structures

• Reinsurance treaties
• Risk transfer structures and insurance schemes
• Alternative Risk Transfer Tools

Disputes and compensation

• Disputes arising from insurance contracts
• Compensation claims and interpretation of insurance terms
• Defense of insurance companies and insured people
• Judicial and out-of-court dispute resolution

Cross-border activity (freedom of services / establishment)

M&A and restructuring in the insurance industry