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Insurance Law Firm in Bulgaria

We cover every area of Insurance Law.

Insurers, reinsurers, and brokers face an increasingly unpredictable world, not least because of tougher capital and risk requirements impacting on your business. So you can be certain to meet these challenges successfully, you need advisors with specialist knowledge of your sector and a detailed understanding of the evolving regulatory framework. CMS has helped major insurers establish and expand operations in Central and Eastern Europe. We are the market leader in M&A in the sector, offer dedicated regulatory expertise and have extensive experience from distribution of insurance products to defence of class action claims.

With 100 insurance lawyers across 39 countries, we can protect your commercial interests in your home market and across borders. We provide advice based on strong local knowledge delivered on a Europe-wide basis by expert lawyers, many of whom have worked in the sector or for regulatory authorities.  We assist clients on the most complex transactional, advisory and contentious matters. A multi-disciplinary team advises on strategic as well as operational matters, liability and dispute resolution, policy drafting, coverage, regulatory issues, M&A, capital raising and restructurings, HR, tax, real estate and commercial issues.


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13/02/2024
EU legislative initiatives on recovery and resolution planning for insurance...
With the compromise proposal for an Insurance Recovery and Resolution Directive (IRRD) published by the EU Council in January 2024, EU legislative initiatives to establish a recovery and resolution framework...
06/12/2023
EU publishes Directive on distance financial services contracts in Official...
In November 2023, the EU legislator adopted the new Directive regarding financial services contracts concluded at distance.This Directive essentially aims to modernise the existing legal framework governing...
19/05/2023
Insurance law and regulation in Bulgaria
1. Introduction Bulgaria has a well-developed insurance market. At the beginning of 2016, a new Insurance Code was adopted and entered into force implementing all requirements under the EU Directive Solvency...
10/05/2023
At last: invalidity and revocation actions now available before TM offices...
One of the most significant innovations introduced by the EU Trade Mark Directive 2015/2436 (the so-called trade mark reform package) was the requirement for all EU countries to implement – where not...
13/04/2023
CMS series: At CEEnter stage
Our engaging podcast and video series, "At CEEntre Stage," is a valuable resource for professionals and legal advisors seeking in-depth insights into various Corporate and M&A topics. Our series caters to diverse businesses in Central and Eastern Europe, providing comprehensive coverage of the ongoing challenges they face. Half-hour moderated discussions with legal experts and industry leaders allow us to gain valuable insights into their vision for the future, the challenges they face, and ways to improve their businesses. We also provide guidance on navigating legal complexities and avoiding potential traps, ensuring our listeners receive contextualized insights into the region's distinctive business landscape and regulatory environment. Our comprehensive coverage of various industries and their ongoing challenges makes "At CEEntre Stage" an essential resource for staying ahead of the curve in today's fast-paced economy. The podcast covers relevant Corporate and M&A topics from W&I insurances, FDI to ESOP, joint ventures, financing and ESG. Tune in to "At CEEntre Stage" today and stay informed on the latest insights and trends in the world of corporate law and M&A.
04/04/2023
European Commission amends Article 102 TFEU guidance paper and announces...
In 2008, the Commission adopted its Guidance on the Commission`s enforcement priorities in applying Article 82 of the EC Treaty (now Article 102 TFEU) to abusive exclusionary conduct by dominant undertakings...
31/03/2023
CMS Expert guide on Right Bidding vs Bid Rigging
Public procurement rules and their strict observance is of key importance to ensure good quality products and services to citizens on the best possible financial and service delivery terms. An efficient...
28/03/2023
European Parliament and Council ready to start negotiations on EU Data...
In February 2022 the European Commission presented its proposal for the EU Data Act, which – if adopted - will introduce a far-reaching legal regime on access to and use of non-personal data in the...
20/03/2023
Out with the old, in with the new? Considerations for patentees in opting...
So far in this series of blog posts, we began with an article that highlighted some of the key changes between the current European system of patent prosecution and enforcement and the new Unitary Patent...
16/03/2023
Merger control review below filing thresholds – the ECJ Towercast judgment...
On 16 March 2023, the ECJ decided that a M&A transaction, which was not subject to ex-ante EU merger control, can be reviewed – from an ex post perspective – as to whether the acquirer (through the...
09/03/2023
Security for costs in enforcement proceedings in Germany – The German Federal...
Pursuant to Sec. 110 of the German Civil Procedure Code (ZPO), claimants who do not have their habitual place of residence in a member state of the EU/the EEA can be ordered to provide security for the...
09/03/2023
CMS Expert Guide to ESG Compensation
Incorporating ESG KPIs into directors’ remunerationThe urgent need to place sustainability at the heart of company strategy is inextricably linked to incentives provided to its directors and em­ploy­ees. This...