Insurance

“Our ability to work as a unified team on all matters involving insurance enables clients to receive the best commercial legal advice based on domestic and world-class standards.”

Our legal experts have advised many of the Kingdom’s leading insurers and financial institutions on transactions involving insurance matters in the Kingdom of Saudi Arabia.

Our experience is based on Saudi laws and regulations set by the competent authorities organizing the insurance sector in a Sharia compliant way.

The work we do in this area includes:

• New authorizations and regulatory advice
• Contractual and agency advice
• Insurance Brokerage

Insurance regulations are mainly based on the principle of cooperative insurance and reinsurance.  Our experience is extensive in this domain.  We have advised one-third of listed insurance companies in the Saudi market on their IPOs, incorporation structures, procedures in connection with initiating insurance activities in Saudi Arabia and acquisitions of insurance portfolios in compliance with Saudi insurance regulations.

Our insurance lawyers work as a unified team with our specialists on corporate, capital markets, banking and dispute resolution.  This results in our clients receiving the best advice at international standards.