Insurance is a dynamic and multidisciplinary field that covers many quite different sectors (life insurance, property insurance, collective insurance) and has a special bearing on the capital market, because insurance companies are financial institutions that provide long-term savings and sell their clients various saving and investment instruments such as “managers’ insurance”, pension insurance and provident funds. Consequently, this is a regulation-intensive sector and is closely regulated by the Supervisor of Insurance through circulars, directives and proliferating regulation.  The firm has a special expertise in the various branches of insurance, and has been working for many years with Israel’s largest, leading insurance companies, providing them with comprehensive legal services, including:

  • Representation of insurance companies in litigation, including in particular class actions, across all insurance branches;
  • Regulation and various processes with the Supervisor of Insurance;
  • Ongoing representation of insurance companies in the handling of client claims and ombudsman complaints;
  • Compliance matters;
  • Assistance in drafting insurance contracts, taking into account all recent case law and regulatory instructions;
  • Representation in various proceedings vis-à-vis the Supervisor of Insurance – hearings, financial penalties, administrative penalties, ombudsman complaints;
  • Management of international insurance-related arbitrations;
  • Management of large-scope environmental claims;
  • Ongoing legal advice to foreign insurers with local activity;
  • Representation of foreign insurers in Israeli courts.

The firm also provides insurance-related legal services to corporations, such as:

  • Ongoing insurance-related legal advice to corporate entities;
  • Torts and insurance litigation, including lawsuits with Industry-wide implications;
  • Mediation and arbitration services in largescale insurance and torts claims;
  • Insurance-related advice in M&As.

We provide monitoring services for insurers and underwriters in insurance-related legal proceedings. The firm also represents various clients such as actuarial firms, which seek our help with legal opinions and contracts, and provides legal services to insurance agencies, starting with the licensing stage and across all of their other legal needs.

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