Our understanding of the industry and the issues governing insurers, policy holders and intermediaries is second to none - from implementation of reforms to organisational practices, policies and products to contentious regulatory investigations, as well as captive insurance arrangements.
As Australia’s leading financial services regulatory firm, we are backed by the strength and depth of Mallesons' broader experience in mergers and acquisitions, banking and finance, tax (including tax litigation), privacy and fintech. We are well placed to assist your clients with even the most technically demanding claims.
Tried and tested methods
Organisations need to remain resilient as new regulatory trends make an impact in the financial services marketplace.
Our knowledge of the industry and issues has developed over three decades of advising on the laws and regulations governing insurers, policy holders and other intermediaries operating in the Asia Pacific.
Corporate insurance advice
We are particularly well known in the market for corporate insurance issues, such as insurance and risk in commercial transactions, policy creation and advice. We have a unique depth of knowledge on issues faced by clients in relation to de-merger issues gained from our extensive work advising on de-merger transactions alongside our corporate colleagues.
Assistance on new insurance products
Our front-end practice also advises on governance, regulatory issues and changes, all aspects of the insurance product lifecycle, compliance, tax, codes of practice, claims procedures and protocols, alternative risk transfer/risk management facilities and structures, captives, outsourcing and major acquisitions.
We also have a wealth of experience advising insurance companies on their financing arrangements (both as borrower and as lender), capital adequacy and capital base regulatory requirements, structuring innovative asset holding vehicles and secondary transactions including spin-outs and the sale and purchase of portfolios of shares, loans, funds and other interests.
Regulatory insurance challenges
Mallesons is alive to the regulatory insurance and insurance advisory challenges shaping the future of the insurance sector, especially with unforeseen events like the current global pandemic. Our clients rely on us to look over the horizon and prepare accordingly.
Governments and various large, multinational corporations
Having considerable experience in advising both government bodies and the private sector on largescale public private partnerships, we are frequently engaged to advise on, review and negotiate, the insurance aspects of the documentation required for various government projects.
Insurance needs for such projects are complex and a clear understanding of the allocation of risks between the parties, as well as of the parties’ rights of recourse to relevant insurance policies, is required.
