Our Insurance Group offers assistance to domestic or foreign insurance companies active or intending to enter the Romanian market. Our attorneys’ legal advice covers all types of services, from interpretation of the applicable legal framework, to conclusion of insurance agreements, coordination of the relation with the competent regulatory authority, in general solving various kinds of issues related to the insured persons.
When counseling global clients throughout the acquisition process of insurance companies in Romania, our attorneys offer key advice on the strategy to be followed, due diligence, drafting and negotiation of transaction documents. In case of foreign companies intending to enter the Romanian market, our attorneys provide the required counseling throughout the entire process, from research regarding the insurance market in Romania, to corporate issues related to the establishment of the new company, or regulatory compliance.
Many times, insurance deals are part of more complex transactions, thus close cooperation with other departments in our firm is permanently entailed. RMDT can offer the wealth of such services to our clients due to the successful integration of numerous practice groups that allows the firm to react quickly and effectively to the needs of the client, regardless of the complexities and challenges involved, in a creative problem-solver manner.