Insurance and Bancassurance

GUR LAW FIRM’s corporate team involves some of the most experienced insurance and bancassurance attorneys in Turkey. Our insurance practice covers the incorporation and governance of insurance, reinsurance and pension companies, insurance agents and brokers, share, asset and employee transfers, mergers, spin-offs and restructurings of listed and non-listed companies in the insurance sector, structuring and negotiating bancassurance deals, portfolio transfers, drafting insurance policy terms and conditions, assisting in the drafting of business plans and feasibility reports, advising on customer data protection issues, corporate governance of insurance companies in run-off and the establishment and termination of agency and brokerage arrangements.

Our team has vast experience in regulatory filings required to be made to the Undersecretariat of Treasury, the Capital Markets Board, the Association of Turkish Insurance and Reinsurance Companies and the Union of Chambers and Commodity Exchanges under Turkish law in respect of corporate transactions in the insurance sector.

We provide legal advice in respect of the drafting and negotiation of all insurance-related agreements such as agency agreements, brokerage agreements, reinsurance agreements, fund management agreements, assistance services agreements and licensing, co-branding, commission and IT agreements entered into between banks and insurance/pension companies within the scope of bancassurance arrangements.

GUR LAW FIRM also represents clients in insurance-related disputes before the Turkish Commercial Courts, the Turkish Insurance Arbitration Committee and foreign arbitration institutions such as the International Chamber of Commerce (ICC).