Our Department regularly provide assistance to the major investment funds, insurance companies and insurance intermediaries in relation to domestic operations. The practice group provides assistance in relation to all the insurance companies' products (drafting and revising offering documents, with a specific focus, for example, on unit/index linked policies - capitalisation agreements), co-insurance agreements, distribution agreement, marketing strategies and operations, prudential standards, in order to render those products and activities compliant with the Italian laws and regulations. We have developed a remarkable expertise on authorisation process of insurance activities and/branches in Italy. In this respect, we advised EU-based insurance companies on how to market insurance and unit-linked products in Italy without necessarily creating a permanent establishments.
Our legal services on insurance matters regularly involve the assistance in dealing with regulatory agencies such as IVASS (and, before, ISVAP), COVIP, BANK OF ITALY, CONSOB and the Antitrust and Data Protection Authorities.