Advice to insurers

DLA Piper

Led by Thomas Gädtke, DLA Piper advises on regulatory matters as well as compensation issues in life insurance and compliance. Another focus is on cyber incidents, while Gunne Bähr also advises national and international insurers, reinsurers and insurance brokers on liability and coverage procedures, in particular D&O and other financial lines. Counsel Volker Lemmer is also part of the core team and advises (re)insurance companies on governance and compliance issues as well as on risk management and outsourcing structures.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

'Volker Lemmer convinced us with his expertise and pragmatic approach. I recommend him without reservation.'
'Great team, the training of young colleagues is actively addressed.'
'Christian Schneider: Excellent legal advice, very experienced, out-of-the-box thinking; professional, trustworthy dealings with clients, but also reliable towards third parties (insured parties, claimants).'
'Christian Schneider: Key figure in the team; extremely competent in insurance law, but also liability law; well connected.'
'From a client's perspective, I can only confirm complete excellence here. We have always achieved the best results in all cases we have worked on together so far, and there have never been any unanswered questions. A highly professional team works here and as clients we feel like we are in the best hands.'
'All cases were characterized by appreciative, respectful, friendly and overall positive interaction. Each of my contacts is an expert in their field and it is always a pleasure to advance common topics and mandates.'

Work highlights

Advising various major German insurance companies on the handling and management of cyber attacks, including ransomware attacks. Comprehensive advice on incident response, in particular on data protection law and criminal law, as well as extensive advice on coverage and liability law, including insured costs and business interruption losses and advice on recourse options.
Advising a German insurance company on the cross-border merger of its wholly-owned subsidiary, a reinsurance company based in Luxembourg; in addition to the cross-border merger, also assisting with the coordination with the supervisory authorities in Germany (BaFin) and Luxembourg (CAA).
Advising an insurtech in connection with German market entry for the distribution of cyber insurance and related services. Support both in the establishment and licensing as well as at the governance and product level.