Insurance
Europe Guide 2024 : Italy
Band 3
Email address
[email protected]Contact number
+39 0289 63071About
Provided by Legance
The Insurance Law Department offers highly specialised, broad-spectrum services in the insurance sector, including the following:
Drafting technical and legal opinions on regulatory matters;
Assessing the policies and organisation of insurance groups to ensure they comply with the applicable laws and regulations, with specific focus on governance;
Advising on issues regarding compliance and outsourcing of core and non-core activities;
Advising on regulatory issues concerning insurance intermediation, bancassurance transactions, and collaboration among intermediaries;
Assisting in relation to civil and administrative litigation and arbitration procedures;
Liaising with the Italian Supervisory Insurance Authority (IVASS) in relation to (i) the incorporation and authorisation of insurance companies, (ii) the submission of technical queries, (iii) the review of schemes of regulations that are subject to public consultation procedures and participation in such procedures by submitting specific queries, (iv) the drafting of notices and applications in relation to extraordinary transactions, (v) the prior discussion of restructuring and governance projects, and (vi) sanction procedures.
Chambers Review
Legance - Avvocati Associati frequently advises clients on insurance-related M&A as well as administration procedures and regulatory matters. The law firm is frequently sought out by Italian banks and international insurance companies for advice concerning bancassurance transactions and insurance intermediation activity.
Work Highlights
- Legance advised Iccrea Banca on its acquisition of 70% of the share capital in BCC Vita and BCC Assicurazioni from Cattolica.
Strengths
Provided by Chambers
"Legance has a very skilled team, from partners to associates and junior lawyers."
"Legance has a very skilled team, from partners to associates and junior lawyers."
Notable Practitioners
Active in Milan and Rome, Gian Paolo Tagariello offers a range of insurance advice on M&A, regulatory matters and administrative procedures for international and domestic clients. He holds additional expertise in advising on bancassurance mandates.