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Actioning insights and assessing risk to deliver purpose–driven advice.


At the forefront of M&A activity in India, including insurance, AZB has been involved in more than 75% of private insurance joint ventures since the sector opened up in 2000. Our insight into regulatory views and our interactions in shaping them sets us apart. Our clients have returned to us consistently and long term relationships, coupled with a full service offering, enables us to provide crisp, specific advice, whether the client is a bank, a regional or global insurance player, a private equity fund or a strategic investor.

Our advice is tailored towards risk–assessed solutions in a given legal framework. Since the sector has the potential to be litigious, our specialists have prior experience in not just M&A or regulatory advice, but also in contentious insurance and contractual litigations, which enhances the purpose–driven advice we provide.

Work Highlights


The Insurance team at AZB & Partners is the leading insurance team in India. Their knowledge of the Indian market, together with their understanding of international transactions and counterparties, sets them apart from other firms. Their commercial judgement about how best to structure a deal and how to approach negotiations is excellent, along with their ability to quickly pivot when required. Rajendra Barot, Arvind Ramesh and their team, including Rishikesh Desai and Muqeet Drabu, provided excellent advice, service and support throughout our dealings with AZB & Partners over many years. Their commercial knowledge, legal strength and responsiveness differentiates them from other firms.

Legal 500 Asia Pacific (2021) on our Insurance practice


Both senior and junior partners are closely involved in framing, structuring and negotiating a deal. Our approach is hands–on because we often execute market–first or trendsetting M&A. In such circumstances, “hands–on” doesn’t only require reassuring the client, it also means making the counter–party and the regulator comfortable, which takes time, focus and effort.

Our specialists understand that a client’s goals and requirements are paramount. Our training and mentoring enhances their legal knowledge and grasp, which is crucial in sector specialisation. They also have the added awareness that clear, context–led communication and the roles played by each member of the team contribute greatly to a successful, agile practice. We remain available 24/7 without losing sight of these goals and this accessibility is highly appreciated.