Insurance
The definition of risk is constantly changing. Natural disasters, terrorism, economic meltdowns and the threat of pandemics are all risks that increasingly affect the entire world. Add legislative reform and more regulations on a local and global level to the mix, and companies today find themselves under enormous pressure. And since the global insurance market is intensely scrutinized, highly regulated and constantly changing. In this fluid environment, you need an ally with the vision, insight and forethought to overcome these challenges.
You need lawyers who know your business and know how to mitigate your exposure. From dealing with consumers and competitors to meeting your regulatory commitments, partners with you to help you manage your own risk.
The flip side of risk is opportunity. The global market is in a constant state of change, expanding geographic markets, new business ideas and fresh creative products. We can react when necessary, and even better, offer you our insights and experience to help you anticipate issues before they become unmanageable, in an effort to gain stability, reduce expenses and generate profits, risk managers in every market segment are increasingly turning to captive insurance arrangements.
Using a collaborative approach, we work with you on identifying specific goals; assessing whether one or more forms of captives will satisfy your goals; developing appropriate structures, agreements and processes; and implementing ongoing operational controls. Our vast experience in navigating the global regulatory environment and the evolving uses and regulation of captives means that we are prepared to handle any roadblocks to your captive insurance goals.
We offer sound advice and widespread experience. We interact with the regulators who oversee the insurance industry, both locally and globally, to help you anticipate the positions they will take and the issues that are forthcoming. Together, we can leverage this information to your advantage.
Our global presence allows us to understand and react to market and regulatory change from many sources, and work with you to develop global and local solutions. We serve insurers, reinsurers, intermediaries and services providers and we understand the industry’s objectives and obstacles from all perspectives.
From issues arising from new product development, mergers and acquisitions, and licensing, to reinsurance counselling and arbitration, and as a result of regulatory or legislative changes, we propose business-focused solutions with nimbleness and agility.