Insurance
Europe Guide 2024 : Portugal
Band 2
Email address
[email protected]Contact number
+351 21 381 7400About
Provided by Morais Leitão, Galvão Teles, Soares da Silva & Associados
The sector of insurance and pension funds is one of the most active and innovative in the national economy. A series of important legislative interventions have reformed this sector:
- the general revision of the system of incorporation and operation of pension funds and of their managing institutions,
- the introduction of new regimes concerning the access to and the performance of the activity of insurance brokerage and insurance distribution, and
- the publication of a law that regulates in a global and integrated form the insurance contract in general, as well as its main modalities.
The firm has been closely monitoring all these developments and represents some of the most important insurance companies, as well as companies that manage pension funds. In some cases we provide permanent assistance and in some instances assist in a wide range of special operations.
A cross-practice team supports our clients in the design and in the preparation of insurance and re-insurance products, claims management, insurance litigation, negotiation of insurance distribution contracts, setting up of pension funds, as well as a wide range of regulatory issues and relations with the Insurance and Pension Funds Supervisory Authority (Autoridade de Supervisão de Seguros e Fundos de Pensões).
Chambers Review
Morais Leitão, Galvão Teles, Soares da Silva & Associados operates a highly respected insurance team harbouring strong capabilities in both transactional and contentious insurance matters, including M&A, restructuring, bancassurance and claims handling. The department is retained by insurers for its vast expertise in the implementation of new insurance and reinsurance products. With complementary strength in tax matters, the group is well placed to handle cross-border instructions, especially in lusophone jurisdictions such as Angola, Mozambique and Macau.
Work Highlights
- Moraise advised MCretail in all legal aspects related to the establishment and negotiation of a partnership with Generali Seguros and AdvanceCare – Gestão de Serviços de Saúde for the launch and distribution by MCretail, within the scope of its health and wellness business, of a health insurance portfolio and health plan.
Strengths
Provided by Chambers
"The team is always available and committed with deadlines."
"The team consists of lawyers with extensive experience in various topics and who complement each other very well."
"The service level and responsiveness could not be better."
"The team is always available and committed with deadlines."
"The team consists of lawyers with extensive experience in various topics and who complement each other very well."
"The service level and responsiveness could not be better."
Notable Practitioners
Margarida Torres Gama enters the rankings as up-and-coming partner. She mainly advises clients on M&A transactions in the insurance sector and additionally assists with regulatory matters.
"Margarida Torres Gama is a lawyer with solid legal knowledge, with great communication and negotiation skills, with a very effective approach to complex and sophisticated issues and with great resistance to pressure."
"Margarida Torres Gama is a solid lawyer with deep expertise in all insurance-related matters and a pragmatic and solution-driven approach."
"She is very well rounded: extremely knowledgeable and dependable, treating every client's issues as if her life depended on it."
Ranked Lawyers at
Morais Leitão, Galvão Teles, Soares da Silva & Associados
Portugal
Members
Provided by Morais Leitão, Galvão Teles, Soares da Silva & Associados
