Insurance

AZB & Partners has assisted on almost every major joint venture in the Indian Insurance sector. Consequently, we understand the finer nuances of this highly regulated sector better than most.

Given the ceiling on foreign direct investment applicable to the sector in India, the Firm has advised its clients appropriately and effectively on structuring such joint venture transactions, within the complex regulatory parameters. Our insurance team has counselled some of the largest global insurance (life, non-life and health) and re-insurance companies in the world, on issues that include bancassurance, distribution, corporate agency and brokerage agreements and other operational matters.

Our work includes:

  • Advising on entry strategy and on shareholding (including for changes in shareholding upon a change in the regulatory regime)
  • Review of insurance risk covers
  • Legal risk management
  • Drafting, reviewing and negotiating of transaction documents
  • Assistance in obtaining regulatory approvals
  • Post-transaction compliance with regulatory procedures

CONTACT A MEMBER OF OUR TEAM