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Insurance Law (InsurTech)

  • What do we do?
    • We conduct proceedings before the Polish Financial Supervision Authority (KNF).
    • We advise Clients in communication with supervisory authorities such as the General Inspector of Financial Information (GIIF), the President of the Personal Data Protection Office (UODO), and the President of the Office of Competition and Consumer Protection (UOKiK).
    • We provide assistance in regulatory outsourcing matters, including cloud computing.
    • We help to effectively safeguard trade secrets and personal data in the activities of FinTech entities.
    • We audit contracts and regulations for banks, payment institutions, lending institutions and other services providing entities from the financial sector. We provide ongoing legal support, including B2B, B2C and B2sB, to all these entities.
    • We advise on the regulatory aspects of anti-money laundering and combating the financing of terrorism via Know Your Customer processes (AML/KYC).
    • We organize training and workshops on FinTech law, also for trade associations.
  • About this practice area

    Our Law Firm offers comprehensive legal services to entities from the insurance and capital market sectors. We have been providing long-standing consultancy to enterprises which implement and develop new technologies in these industries.

    We support our Clients from the insurance and equity sectors, especially insurance and reinsurance companies, insurance intermediaries (agents and brokers), brokerage firms, and investment and pension funds. We work both with entities that are just planning to start operations in these sectors and those that have been active on the market for many years. We also advise IT entities that offer solutions to companies in the insurance and equity sectors.

    Our wide hands-on experience in insurance law and capital market law has been gained by carrying out complex multisectoral projects where legal solutions were provided at the interface between regulations of the entire financial market. Running such complex projects requires expertise and experience: two factors which allow our expert staff to stand out.

  • What do we do?
    • We conduct regulatory proceedings before the Polish Financial Supervision Authority (KNF).
    • We support our Clients in proceedings before other supervisory authorities such as the President of the Office of Competition and Consumer Protection (UOKiK) and the President of the Personal Data Protection Office (UODO).
    • We provide assistance in regulatory outsourcing matters, including the activity of insurance companies and investment funds, and in preservation of professional secrecy and data protection in the financial sector, including bancassurance services.
    • We support the implementation of requirements related to the Insurance Distribution Directive (IDD) and Solvency II Directive.
    • We offer comprehensive corporate advice to insurers and other financial sector entities, including B2B, B2C and B2sB.
    • We advise on the regulatory aspects of anti-money laundering and combating the financing of terrorism via Know Your Customer processes (AML/KYC).
    • We support insurance companies, investment firms and major IT companies in the implementation of cloud computing-based model of business.
    • We advise entities on the capital market law and the requirements arising from MIFID 2 and the regulations implementing this Directive.
    • We provide training and workshops on the insurance law, AML obligations and data protection.
  • Cooperation benefits

    The entities operating in insurance and capital markets need exceptional legal support. It should take into account the characteristics of these sectors and show a thorough understanding of the innovations that are implemented there. Our team of professionals work exactly in this way. Support for technological innovation, also in the insurance sector, has been one of our major practice areas for years.

    We take over all formalities from our Clients. We are constantly monitoring changes in the law and the latest case law so that the required modifications can be implemented quickly. Although it might not be apparent initially, this is an important element of competitive advantage.

    Significant benefits to our Clients are also brought by the rapid identification of risks and, in many cases, the containment of risk already at the initial stage. Remarkable experience and expertise of our professional team have been recognised in the prestigious law firm ranking Chambers Europe 2020: Banking&Finance: Regulatory and The Legal 500.

    We enable our Clients to operate better, more efficiently and in compliance with the law.

  • Why should you choose us?
    • We understand the business side of innovations implemented in the InsurTech market.
    • We have a detailed, in-depth knowledge of cloud computing, blockchain, bancassurance and other issues relevant to the insurance and equity sectors, and we never stop learning.
    • We are not afraid to implement unconventional solutions, also in international markets.
    • We liaise with the Polish Chamber of Insurance (PIU) on a regular basis.
    • We can truly claim we know the insurance sector, with our specialists partaking in the work on the codes of good practice within the industry.
    • We offer comprehensive support regardless of the stage and complexity of the case. 
    • We can boast of hundreds of successful projects.

Doradcy