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Insurance

Italy

CMS Adonnino Ascoli & Cavasola Scamoni is a leading Italian firm for Insurance law. Many of our lawyers have worked and/or have been seconded in the insurance market (including the London market), which means we understand the complexities of your markets.

Our advice covers all aspects of insurance and reinsurance law. In particular, the firm has outstanding expertise in (re)insurance dispute resolution, regularly advising domestic and foreign life and non-life insurance companies, brokers, agents on a wide range of (re)insurance claims (e.g. D&O, P.I., P.O., MedMal, G.L., bonds, and more).

Our services and expertise extend from conventional advice on complex claims with regard to liability and insurance coverage and/or assistance before Italian Courts, Arbitration Tribunals and in Mediation procedures, through the enforcement of awards in Italian Courts, to the design of new insurance products and advice on drafting policy wordings. We also have remarkable experience in assisting underwriters in placing W&I policies.

We have advised insurance companies and other players on issues around insurance regulatory law for many years. We also represent and assist our clients before IVASS (the Italian Insurance Regulator) for alleged infringements of laws and regulations.

Our experts have unique expertise and provide corporate advice on mergers and acquisitions, regulatory compliance, competition, tax, employment law, property advice and structured finance matters to support insurers, brokers and agents through its multi-disciplinary team.

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Paolo Scarduelli
31/07/2019
Cla­ri­fic­a­tion on W&I Policies from the Itali­an Au­thor­ity,...
25/09/2019
The next step in LIBOR Trans­ition: LMA is­sues Ex­pos­ure Drafts
“[T]he use of. . . for­ward-look­ing term rates is meant to be lim­ited. These term rates can­not and will not be the primary av­en­ue to trans­ition [and] we think that any firms still delay­ing trans­ition un­til term rates ar­rive are mak­ing a mis­take.
27/03/2019
BREXIT – Ur­gent meas­ures for the op­er­a­tion of UK in­sur­ance...
26/07/2019
EU tax­onomy: Steer­ing cap­it­al flows to­wards a sus­tain­able fu­ture for...
Last month a group of ex­perts rep­res­ent­ing a range of European fin­an­cial ser­vices sec­tors, in­ter­na­tion­al or­gan­isa­tions and civil so­ci­ety pub­lished their re­com­mend­a­tions for an EU tax­onomy for sus­tain­able eco­nom­ic activ­it­ies.
Paolo Scarduelli
01/02/2018
IVASS cy­ber risk in­vest­ig­a­tion: Ne­ces­sary in­crease...
CMS News­let­ter Italia | 01 febbraio 2018
16/07/2019
An in­tro­duc­tion to the law of block­chain and dis­trib­uted ledger tech­no­lo­gies...
Data Pro­tec­tion The European Gen­er­al Data Pro­tec­tion Reg­u­la­tion raises at least two is­sues in par­tic­u­lar in this con­text. First: is pseud­onym­ous in­form­a­tion per­son­al data? Second: how can a “right to be for­got­ten” be con­sist­ent with an im­mut­able ledger? Oth­er.
12/11/2014
CMS Italy News­let­ter | 12 Nov 2014
Cred­it fin­an­cing by in­sur­ance com­pan­ies: IVASS is­sues...
11/07/2019
An in­tro­duc­tion to the law of block­chain and dis­trib­uted ledger tech­no­lo­gies...
Rem­ed­ies: In Prin­ciple The ori­gin­al Bit­coin White Pa­per stressed the im­port­ance of trans­ac­tions not be­ing re­vers­ible. Ir­re­vers­ib­il­ity is a func­tion of Bit­coin, de­lib­er­ately de­signed to re­duce trans­ac­tion costs and im­prove ef­fi­ciency.
12/11/2014
Cred­it fin­an­cing by in­sur­ance com­pan­ies: IVASS is­sues...
09/07/2019
Italy: IVASS urges UK in­surers to sub­mit their hard Brexit plan
On 02 Ju­ly 2019 IVASS (the In­sti­tute for the Su­per­vi­sion of In­sur­ance) is­sued a let­ter ad­dressed to UK In­surers pur­su­ing busi­ness in Italy, ask­ing to sub­mit a plan on the meas­ures ad­op­ted in case of hard Brexit (the “Let­ter”).
13/10/2014
CMS Italy News­let­ter | 13 Oct 2014
Pro­fes­sion­al In­dem­nity In­sur­ance: now com­puls­ory for...
08/07/2019
An in­tro­duc­tion to the law of block­chain and dis­trib­uted ledger tech­no­lo­gies...
Jur­is­dic­tion­al is­sues Many com­ment­at­ors note that true de­cent­ral­isa­tion im­plies that en­force­ment of ob­lig­a­tions must be ef­fected through the sys­tem. A per­mis­sioned sys­tem may in­clude con­ven­tion­al gov­ern­ing law and jur­is­dic­tion pro­vi­sions with­in a con­trac­tu­al.