The Government of India has opened up the Insurance Sector for private players and has also permitted foreign direct investment in this sector. In the recent past, the law relating to insurance in the country has also been overhauled to bring it in line with the international standards and practices.
Liaisoners has extensive experience and understanding of the insurance industry in India. The Firm is regularly engaged by foreign as well as domestic clients on investments in the insurance industry. We advise on the entry strategy of international companies and at every stage of their business in India, including making investments in Indian ventures under Indian insurance laws.
Our advisory services cover initial public offers, compliance with FDI and IRDA, listing procedure as well as SEBI laws. We assist in setting up third party administrators, health services and advising on corporate agency, telemarketer and other licencee intermediaries, etc.
With expertise in life insurance, property insurance, marine insurance and liability, the Firm advises on all aspects of insurance law including business comprehensive general liability policies, environmental coverage, and directors’ and officers’ liability policies. Members of the Firm have also represented clients before the Insurance Regulatory Development Authority (IRDA).
Insurance and Consumer Protection
Regulatory Framework Review
Requirements of meeting Solvency Margins
Foreign Exchange issues
Tax and Stamp Duty implications
Product Policies Review
The Government of India has opened up the Insurance Sector for private players and permitted FDI. Laws have been systematically overhauled to align completely with modern international standards.
Liaisoners holds deep operational expertise across India’s insurance layout. We regularly direct international and domestic corporations on functional entry methodologies and direct market investments under domestic frameworks.
Our scope encompasses structural processing for IPOs, statutory execution of FDI / IRDA directives, listing mandates, and SEBI compliance paths. We additionally facilitate the development of third-party administrators, health service modules, corporate agencies, and intermediary licensing.
Covering life, property, marine, and liability sub-segments, we advise on comprehensive general business structures, environmental coverage parameters, and D&O liability policies, providing trusted representation before the IRDA.
