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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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31/07/2019
Cla­ri­fic­a­tion on W&I Policies from the Itali­an Au­thor­ity,...
28 Jan 20
Avi­ation claims: Po­ten­tial chal­lenge to concept of ac­ci­dent in the...
A re­cent Court of Justice of the European Uni­on (CJEU) de­cision in Decem­ber 2019 may give scope to chal­lenge the defin­i­tion and concept of the term “ac­ci­dent” with­in Chapter III - Art­icle 17 (1) of...
27/03/2019
BREXIT – Ur­gent meas­ures for the op­er­a­tion of UK in­sur­ance...
17 Jan 20
CJEU rules in­surers li­able for not in­form­ing life in­sur­ance policy...
The European Court of Justice (CJEU) was re­cently asked to rule on the EU­'s Solvency II Dir­ect­ive (and all earli­er le­gis­la­tions reg­u­lat­ing life in­sur­ance) re­gard­ing the can­cel­la­tion rights of in­sur­ance...
CMS Ex­pert Guide to In­sur­ance
23 Dec 19
A new EU op­er­a­tion­al re­si­li­ence frame­work for cy­ber se­cur­ity?
Our re­cent Law-Now art­icle dis­cussed the FCA, PRA and Bank of Eng­land con­sulta­tions on im­prov­ing fin­an­cial sta­bil­ity in the UK mar­kets through op­er­a­tion­al re­si­li­ence. Con­tinu­ing this theme, but now from...
01/02/2018
IVASS cy­ber risk in­vest­ig­a­tion: Ne­ces­sary in­crease...
CMS News­let­ter Italia | 01 febbraio 2018
15 Nov 19
Brexit and data pro­tec­tion: what to do next (when you don’t know what’s...
Whilst the threat of a no-deal Brexit has been aver­ted for now, the fu­ture is by no means cer­tain. We have high­lighted some of the key is­sues for UK-based or­gan­isa­tions, and the EEA or­gan­isa­tions that...
12/11/2014
CMS Italy News­let­ter | 12 Nov 2014
Cred­it fin­an­cing by in­sur­ance com­pan­ies: IVASS is­sues...
05 Nov 19
Whis­tleblow­ing Dir­ect­ive ad­op­ted by the EU Coun­cil
On 7 Oc­to­ber 2019, the EU Coun­cil ap­proved the word­ing of the "Dir­ect­ive of the European Par­lia­ment and of the Coun­cil on the pro­tec­tion of per­sons who re­port breaches of Uni­on law", also known as the...
12/11/2014
Cred­it fin­an­cing by in­sur­ance com­pan­ies: IVASS is­sues...
25 Sep 19
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...