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Insurance Law (InsurTech)

  • What 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 in the insurance and capital market sectors. We have a long history of advising enterprises which implement and develop new technologies in these industries. 

    We assist Clients in the insurance and equity sectors, especially insurance and reinsurance companies, insurance agents and brokers, brokerage firms, and investment and pension funds. We work with entities that are just planning to launch operations in these sectors and those that have been active on the market for many years. We also advise IT firms providing solutions for companies in the insurance and equity sectors. 

    We gained our broad hands-on experience in insurance law and capital market law by carrying out complex multisectoral projects; this entailed providing legal solutions at the point of convergence between regulations concerning the entire financial market. Handling such complex projects requires expertise and experience: two areas in which our expert practitioners stand out. 

  • What we do?
    • We conduct regulatory proceedings before the Polish Financial Supervision Authority (KNF). 
    • We assist 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 assist with regulatory outsourcing matters, including the activity of insurance companies and investment funds, and with preservation of professional secrecy and data protection in the financial sector, including bancassurance services. 
    • We assist with compliance with 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 measures and combating the financing of terrorism by way of Know Your Customer processes (AML/KYC). 
    • We assist insurers, investment firms and major IT companies in the implementation of cloud computing-based business models. 
    • We advise entities on capital market law and the requirements under MIFID 2 and the regulations implementing this Directive. 
    • We provide training and workshops on insurance law, AML obligations, and data protection. 
  • Cooperation benefits

    Entities operating in insurance and capital markets need exceptional legal support. This has to take into account the characteristics of these sectors and show a thorough understanding of the innovations implemented. Our team of professionals work in exactly this way. Support for technological innovation, including in the insurance sector, has been one of our major practice areas for many years. 

    We handle all of the formalities for 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. 

    Rapid identification of risks, and in many cases containment of risk at an early stage, can also be hugely beneficial. The exceptional experience and expertise of our professional team has been recognized in the prestigious law firm ranking Chambers Europe 2020: Banking&Finance: Regulatory and The Legal 500

    Through us, Clients operate better, more efficiently and in compliance with the law. 

  • Why 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, even in international markets. 
    • We liaise with the Polish Chamber of Insurance (PIU) on a regular basis. 
    • We can truly claim to know the insurance sector; our specialists contribute to work on best practices in the industry. 
    • We offer comprehensive support regardless of the stage and complexity of the case.  
    • We can boast hundreds of successful projects.