Insurance

OO&K offers support to insurance and re-insurance companies on commercial, regulatory and dispute management aspects of their business. We have experience in asset and liability management, bulk and other annuity transactions, the pensions buy-out and buyin market, capital raising and securitizations, demutualization, investment of insurance funds, collateralized re-insurance and other aspects of insurance matters. Our Advocates also advise insurance firms on claims, professional liability, insurance coverage, environmental liability, policy drafting and product design.

What we offer

Insurance Regulatory Compliance:

OO&K assist insurance companies in understanding and complying with the complex regulatory framework governing the insurance industry. We provide guidance on licensing requirements, solvency regulations, market conduct rules, and other regulatory obligations.

Insurance Policy Drafting and Review:

OO&K helps insurance companies draft and review insurance policies to ensure compliance with legal requirements and address potential risks. We provide guidance on policy language, coverage terms, exclusions, and other provisions to protect the interests of the insurer and insured.

Insurance Claims Handling:

OO&K advises insurance companies on claims handling processes, including coverage analysis, claim investigations, and claims settlement negotiations. We assist in resolving disputes with policyholders, managing litigation, and ensuring compliance with fair claims practices.

Insurance Coverage Disputes:

OO&K represents insurers or insured parties in insurance coverage disputes. We provide legal analysis of policy terms, assess coverage issues, and represent clients in negotiations, mediations, arbitrations, or litigation related to coverage disputes.

Reinsurance:

OO&K offers expertise in reinsurance transactions and disputes. We assist insurance companies in negotiating reinsurance agreements, handling claims under reinsurance contracts, and resolving disputes arising from reinsurance relationships.

Insurance Mergers and Acquisitions:

OO&K provides legal advice and support in insurance-related mergers, acquisitions, and other corporate transactions. We assist in conducting due diligence, negotiating transaction agreements, obtaining regulatory approvals, and addressing legal and compliance issues.

Insurance Defense Litigation:

OO&K represents insurance companies in defending against claims brought by policyholders or third parties. We handle insurance defense litigation, including defending against personal injury claims, property damage claims, professional liability claims, and other types of insurance-related lawsuits.

Insurance Fraud Investigation and Defense:

OO&K assists insurance companies in investigating and defending against insurance fraud. We conduct investigations, gather evidence, and represent insurers in fraud-related litigation or regulatory proceedings.

Insurance Regulatory and Legislative Advocacy:

OO&K engages in advocacy efforts on behalf of insurance companies, representing their interests before regulatory agencies and legislative bodies. We provide guidance on proposed regulations and legislation, help shape policy discussions, and advocate for favorable outcomes for their clients.