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Portrait of Thomas Böhm

Thomas Böhm

Partner

CMS Reich-Rohrwig Hainz
Rechtsanwälte GmbH
Gauermanngasse 2
1010 Vienna
Austria
Languages German, English, French
Insurance

Thomas Böhm is an insurance lawyer and leading expert in litigation & arbitration. He is a partner at CMS and a member of the insurance law team. 

Böhm advises and represents leading national and international clients in all areas of insurance law. He also has extensive experience in drafting and reviewing insurance contracts and in advising foreign insurance companies on their entry into the Austrian market. This includes the adaptation of existing insurance contracts to market practices and the Austrian legal framework. He also focuses on solving all kinds of insurance supervisory law issues. He also advises on matters of insurance distribution law. 

As a member of the Litigation & Arbitration team, Thomas Böhm already looks back on extensive and long-standing experience in litigation. He represents companies, especially insurance companies, in contentious disputes before the Austrian courts.

Thomas Böhm joined CMS in 2010. Previously, he worked at several renowned law firms in Vienna. He studied law at the University of Vienna and at King's College in London.

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Memberships & Roles

  • Vienna Bar Association
  • Austrian Society for Insurance Knowledge (GVFW)
  • CMS Corporate & Regulatory Insurance Steering Committee
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Publications

Essays:

  • Information and advisory duties for insurance companies under the Insurance Distribution Amendment Act 2018 (VersVertrRÄG 2018) (II), ecolex 2019, 21.
  • Information and advisory duties for insurance companies under the Insurance Distribution Amendment Act 2018 (VersVertrRÄG 2018) (I), ecolex 2018, 1068.
  • Insurance companies must pay attention to the needs of their customers, Die Presse, 29.11.2018.
  • Between low interest rates and a mood of optimism, Gewinn, 18.4.2018, 96.
  • Insuring cyber risks, Computerwelt, 11.4.2018, 18.
  • Insurance protects against the consequences of hacker attacks, Die Presse, 29.3.2018.
  • On the equal treatment of mortgage creditors and pledgees of a superädifikat under §§ 100 ff VersVG, ecolex 2017, 971.

Decision discussions:

  • Legal expenses insurance: breach theory and practice concerning the insured event in the case of incorrect information on the right of withdrawal in life insurance, ZVers 2019, 161.
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Lectures list

  • Dauerrabattklauseln im Lichte der OGH-Rechtsprechung, Jahrestagung Versicherungsrecht 2019 der Akademie für Recht, Steuern & Wirtschaft (ARS), 25.3.2019.
  • The Insurance Distribution Directive (IDD), Verband Akademischer Versicherungskaufleute, 12.9.2017
  • Lectures on the topic of the Insurance Distribution Directive (IDD) at insurance companies.
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Education

  • 2011 - Admission to the bar
  • 2007 - LL.M., Law, King's College London
  • 2005 - Mag. iur., Law, University of Vienna 
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Dispute Resolution

Thomas Böhm is a litigation and arbitration lawyer. He is a partner at CMS and a leading expert in insurance law

He specialises in advising Austrian and international clients on insurance law as well as civil and corporate law. Böhm has many years of extensive experience in litigation before the Austrian courts. 

One of his main focuses is the representation of listed companies and banks in investor litigation as well as insurance companies.

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Memberships & Roles

  • Vienna Bar Association
  • Austrian Society for Insurance Knowledge (GVFW)
  • CMS Corporate & Regulatory Insurance Steering Committee
more less

Publications

Essays:

  • Information and advisory duties for insurance companies under the Insurance Distribution Amendment Act 2018 (VersVertrRÄG 2018) (II), ecolex 2019, 21.
  • Information and advisory duties for insurance companies under the Insurance Distribution Amendment Act 2018 (VersVertrRÄG 2018) (I), ecolex 2018, 1068.
  • Insurance companies must pay attention to the needs of their customers, Die Presse, 29.11.2018.
  • Between low interest rates and a mood of optimism, Gewinn, 18.4.2018, 96.
  • Insuring cyber risks, Computerwelt, 11.4.2018, 18.
  • Insurance protects against the consequences of hacker attacks, Die Presse, 29.3.2018.
  • On the equal treatment of mortgage creditors and pledgees of a superädifikat under §§ 100 ff VersVG, ecolex 2017, 971.

Decision discussions:

  • Legal expenses insurance: breach theory and practice concerning the insured event in the case of incorrect information on the right of withdrawal in life insurance, ZVers 2019, 161.
more less

Lectures list

  • Dauerrabattklauseln im Lichte der OGH-Rechtsprechung, Jahrestagung Versicherungsrecht 2019 der Akademie für Recht, Steuern & Wirtschaft (ARS), 25.3.2019.
  • The Insurance Distribution Directive (IDD), Verband Akademischer Versicherungskaufleute, 12.9.2017
  • Lectures on the topic of the Insurance Distribution Directive (IDD) at insurance companies.
more less

Education

  • 2011 - Admission to the bar
  • 2007 - LL.M., Law, King's College London
  • 2005 - Mag. iur., Law, University of Vienna 
more less

Feed

09/02/2022
Class ac­tions in Aus­tria
See the Over­view of the Rep­res­ent­at­ive Ac­tions Dir­ect­ive >> 1. Do you have a spe­cif­ic pro­ced­ure or pro­ced­ures for bring­ing “opt-in” class ac­tions?  If so, please out­line such pro­ced­ure(s) and...
Comparable
16/12/2020
In­sur­ance In­sights
The in­sur­ance mar­ket is con­stantly evolving, so you need to stay up to date on the latest de­vel­op­ments to an­ti­cip­ate and handle any po­ten­tial is­sues and be­ne­fit from op­por­tun­it­ies.With “In­sur­ance In­sights”...
Re­cent de­vel­op­ments im­pact­ing the in­sur­ance sec­tor in CEE
This we­bin­ar series provides you with a brief over­view in­to the latest de­vel­op­ments rel­ev­ant to the in­sur­ance sec­tor in CEE jur­is­dic­tions. Epis­ode #2 Watch we­bin­ar re­cord­ing here:The second epis­ode...
24/06/2020
We­bin­ar: European class ac­tions
Class ac­tions are ste­reo­typ­ic­ally con­sidered a US lit­ig­a­tion risk. Europe has avoided this phe­nomen­on to date but, as a res­ult of up­com­ing re­forms in the UK and oth­er European jur­is­dic­tions, this is likely...
22/04/2020
In­sur­ance law - COV­ID-19 and main­tain­ing cus­tom­er con­tact
In­sur­ance com­pan­ies are par­tic­u­larly af­fected by the re­stric­tions on pub­lic life caused by the COV­ID-19 pan­dem­ic be­cause phys­ic­al meet­ings between in­sur­ance in­ter­me­di­ar­ies or in­sur­ance com­pany em­ploy­ees...
25/03/2020
The 2nd COV­ID-19 Act and the FMA make life easi­er for in­sur­ance com­pan­ies
Dur­ing the COV­ID 19 pan­dem­ic, it is of­ten no longer pos­sible for people to meet phys­ic­ally. The 2nd COV­ID-19 law makes it pos­sible for in­sur­ance com­pany share­hold­ers and or­gans to hold tem­por­ary vir­tu­al...
19/11/2019
The life-cycle of a cy­ber breach
Cy­ber in­sur­ance is the fast­est grow­ing line of in­sur­ance and cy­ber-at­tacks are an is­sue that could af­fect any in­sured in any class of busi­ness.Draw­ing on our ex­per­i­ence of work­ing on UK and in­ter­na­tion­al...
24/05/2019
CMS HIGH­LIGHTS BIG DATA AND AR­TI­FI­CIAL IN­TEL­LI­GENCE (BDAI) IN THE IN­SUR­ANCE...
A level of un­cer­tainty con­cern­ing leg­al as­pects and con­sequences also ex­ists in the in­sur­ance sec­tor where a host of new pos­sib­il­it­ies are emer­ging due to the di­git­al trans­form­a­tion. After all, any­where...
01/03/2019
What a “no-deal” Brexit means for in­sur­ance com­pan­ies and poli­cy­hold­ers...
With its de­par­ture from the EU, the United King­dom of Great Bri­tain will be­come a third coun­try for the EU. With­draw­al from the in­tern­al mar­ket means UK in­sur­ance com­pan­ies will no longer be per­mit­ted...
20/09/2018
Stand­ard­isa­tion of with­draw­al rights for poli­cy­hold­ers and new reg­u­la­tions...
On 4 Ju­ly 2018, the Na­tion­al Coun­cil ad­op­ted a com­pre­hens­ive amend­ment to the rights of with­draw­al for poli­cy­hold­ers. At the same time, the leg­al con­sequences for “late with­draw­al” in life in­sur­ance...
11/04/2018
New In­sur­ance Dis­tri­bu­tion Act Amend­ing Act 2018 presents ma­jor chal­lenges
As is so of­ten the case, post­poned does not mean aban­doned. This is also true of the trans­pos­i­tion of the EU In­sur­ance Dis­tri­bu­tion Dir­ect­ive (IDD), which was the sub­ject of a CMS Busi­ness Break­fast...
15/03/2018
In­sur­ance Dis­tri­bu­tion Act Amend­ing Act 2018:
The Aus­tri­an par­lia­ment re­cently ad­op­ted the gov­ern­ment bill for the new In­sur­ance Dis­tri­bu­tion Act Amend­ing Act 2018 [Ver­sicher­ungs­ver­trieb­srechts-Än­der­ungs­ge­setz 2018], which will trans­pose the In­sur­ance...