Managing partner Akil Hirani oversees the insurance offering at Majmudar & Partners, which advises domestic and foreign insurers as well as insurance underwriters on an array of transactional and regulatory issues. Hirani, qualified in India, England, and California, has extensive experience advising on M&A in the insurance sector, as well as on insurance regulations and outsourcing.
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Key clients
- CPP Assistance Services Private Limited
- Turning Point Global Solutions, LLC
- Cigna Corporation
Work highlights
- Advised CPP Assistance Services Private Limited, a wholly owned subsidiary of CPP Group Plc, United Kingdom, engaged in providing card protection assistance products to retail credit and debit card users in India since 2007, on Indian insurance law aspects on several issues, such as bundling of add-on insurance along with services.
- Advised Liberty Global Transaction Solutions, USA, a US-based insurance underwriter, in connection with underwriting a potential representations and warranties insurance policy for a transaction referred to as Project Turn involving the acquisition of equity of Turning Point Global Solutions, LLC.
- Advising Cigna Corporation, a US healthcare insurance and ancillary services provider, on various issues pertaining to its Indian health insurance joint venture, ManipalCigna Health Insurance Company Limited, and in relation to a potential transaction involving infusion of private equity funding into the company.
Practice head
The lawyer(s) leading their teams.
Akil Hirani