Expertise

Insurance

Insurance helps provide financial security in the event of injuries, damage or loss. Businesses should therefore take out appropriate insurance for their activity and risk profile that will ensure that their rights are protected if loss events occur. Insurance players, for their part, face an increasingly stringent and comprehensive set of regulations, partly as a result of the EU’s aim of establishing an internal market with joint regulation.

Selmer’s insurance lawyers can assist with all issues relating to insurance law and insurance agreements. We often contribute in the early phase by mapping risks and insurance requirements for a company or project, and we have extensive knowledge of various types of insurance cover. If the worst occurs, we can also help with coverage assessments, notifying the insurance company of claims, following up on loss events, and processing claims and pursuing recourse against insurance providers. Many of our lawyers have gained experience working for insurance companies.

We also possess core expertise spanning the entire financial regulatory area, including framework conditions for the various industry players and the sale and marketing of insurance. We assist banks, insurance companies and insurance brokers with the organisation and development of their business, client agreements, distribution and agent agreements, quality control and auditing of internal practices and guidelines. We also assist in cases brought by the Norwegian Financial Supervisory Authority and the Ministry of Finance, both with licensing cases and general ongoing dialogue.