Ms. Shailaja Lall is an Equity Partner at Shardul Amarchand Mangaldas & Co and headsthe Insurance & Reinsurance practice of the firm. She has worked extensively in the fieldof insurance law for over 20 years and is recognised as a leading practitioner ofinsurance law in India with remarkable domain expertise.Shailaja experience includes advising insurers, reinsurers, insurance intermediaries andother financial services entities on a full range of non-contentious and contentiousinsurance matters. She also advices extensively on key regulatory developmentsimpacting the sector, including PE investment, licensing of insurance intermediaries,corporate agency arrangements, group insurance arrangements and sale of insurancethrough e-commerce platforms. She works with many of the marqee and most-respectedcompanies throughout the insurance sector.The Legal 500, 2018-21 has recognised Shailaja as a “Leading Individual” for Insurance,which quotes “As a practice head Shailaja Lall is a key name to note for non-contentiousmatters”. She has also been ranked by Chambers and Partners, 2018-21 for insurancematters and it states, “Shailaja Lall both heads the team and takes the leading role inmost of its key mandates, enjoying market recognition as a “very bright” practitionerwho is equally at home in both the transactional and regulatory spheres.Shailaja was the Vice Chair of the Lex Mundi Insurance & Reinsurance Practice Group(2012-16) and a member of the Federation of Indian Chambers of Commerce andIndustry’s (FICCI) Insurance and Pensions Committee (2014-15).
Shardul Amarchand Mangaldas & Co
Shardul Amarchand Mangaldas & Co is a go-to firm for large marquee insurance transactions, covering the structuring of insurance joint ventures, the formation and licensing of insurance companies, M&A and investments, and withdrawals from the market. The team further handles regulatory issues, acting for a broad range of insurers, reinsurers, brokers, web aggregators and other insurance intermediaries. Praised as a ‘living encyclopedia in the insurance sector’, clients endorse practice head Shailaja Lall for her comprehensive insurance sector expertise, leveraging her 20 years’ worth of experience in the field. Other recommended individuals include cross-border transactional expert Anu Susan Abraham and Ashish Teni, whose wide-ranging capabilities include drafting policies for life insurance companies, among others.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Impeccable subject matter expertise. In-depth understanding of commercial arrangements and excellent turn around times.’
‘Shailaja Lall has now become a living encyclopedia in the insurance sector. She is very cordial, professional and ethical.’
‘SAM lawyers are experts in all insurance matters. They are a pleasure to deal with. Professional, prompt and very user-friendly. The advice is always timely and to-the-point.’
‘Shailaja Lall is a wonderful partner; a great leader of the team, extremely knowledgeable in the financial services sector and very personable. Shailaja is a perfect go-to lawyer, who will promptly assist or direct you to the right person.’
Key clients
- Willis Towers Watson group, including Willis Europe B.V.
- Go Digit Life Insurance Limited
- The Prudential Insurance Company of America
- IndiaFirst Life Insurance Company Limited
- Bajaj Finserv Limited
- Vidal Healthcare Services Pvt. Ltd.
Work highlights
- Advised Willis Europe on the acquisition of an additional 51% stake in its insurance broking joint venture in India, Willis Towers Watson India Insurance Brokers Private Limited, to increase its stake to 100%.
- Advised LR India Holdings Limited and Alpha Wave Incubation LP on the Pre-Series A investment round of Even Healthcare Private Limited.
Lawyers
Leading individuals
Next Generation Partners
Mr. Ashish Teni is a Partner in the Firm's Corporate & Insurance Practice, and has over 10 years' experience in insurance law matters. He is working very closely on matters pertaining to insurance law, foreign investment and general corporate advisory. In the course of his professional career, Ashish has advised various Indian and overseas insurers, reinsurers, insurance brokers, corporate agents, third party administrators on bancassurance, group insurance arrangements, reinsurance arrangements, commission payment and distribution structures in India. He has also had an extensive experience in advising reinsurance companies on the reinsurance arrangements, establishing place of business in India through branch office, registration and operation requirements applicable to cross border reinsurers. On the life insurance front, Ashish has been extensively involved in drafting and vetting of policy wordings and ancillary documentations on behalf of various life insurance companies. He has also advised on distribution and marketing arrangements and interpretation of regulations, circulars and guidelines issued by the IRDAI. In the general insurance space, Ashish has advised various insurance companies and intermediaries on the distribution arrangements and regulatory issues. Ashish has an extensive experience in advising reinsurance companies on the reinsurance arrangements, establishing place of business in India through branch office, registration and operation requirements applicable to cross border reinsurers. He has recently advised clients such as Go Digit, IndiaFirst, Future Generali, Policybazaar, Tata AIA, PNB MetLife and SCOR Group. Ashish has been consistently recognized as one of the leading ‘Next Generation Lawyers’ in the Insurance Practice Area for the year 2018- 2021, by the internationally acclaimed ‘Legal 500 Series’. He has also been recognized as a “Rising Star” in the Legal Media Group’s Rising Star for the last 2021
Practice head
The lawyer(s) leading their teams.
Shailaja Lall