Özdirekcan Dündar Şenocak Ak in partnership with Gide Loyrette Nouel demonstrates expertise in handling large and complex M&A transactions as well as restructuring mandates within the insurance sector. The firm regularly advises local and international insurance companies on various aspects of their coverage in Turkey. The team, which is led by Arpat Şenocak, also has experience in handling reinsurance disputes. Mehmet Kösoğlu and Nil Duman are prominent members of the team, with their combined experience including regulatory and compliance advice, drafting and negotiating reinsurance and retrocession agreements, and reviewing contracts.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Arpat Şenocak has broad knowledge of both the local and foreign insurance markets. He is a commercially focused lawyer who always delivers top-quality advice. He is very well prepared and insightful.’

  • ‘Arpat Şenocak is one of the best insurance lawyers in Turkey. He has a deep knowledge of the insurance sector, which is combined with a global understanding of the economic and political environment. He is also very reliable.’

  • ‘The team is very experienced in the field of insurance and provides good-quality services.’

  • ‘The team consists of lawyers who conduct detailed research and respond to their clients' requests.’

  • ‘The team has strong experience in insurance law-related matters.'

  • ‘Arpat Şenocak is a good lawyer with excellent knowledge.’

  • ‘Arpat Şenocak is a very diligent and collaborative partner. He gently facilitates the negotiations and helps the parties to reach amicable terms in the agreement whilst preserving his clients' interests.’

  • 'The team are very qualified and experienced and they are really good in terms of legal affairs involving more than one legal system.'

Key clients

  • AXA Mediterranean Holding SAU
  • Groupama Investment Bosphorus Holding A.Ş.
  • AXA Holding A.Ş.
  • Allianz Hayat ve Emeklilik A.Ş.
  • AXA Sigorta A.S.
  • AXA Hayat ve Emeklilik A.S.
  • Bereket Takaful
  • BNP Paribas Cardif Hayat Sigorta A.S.
  • BNP Paribas Cardif Sigorta A.S
  • BNP Paribas Cardif Emeklilik A.S.
  • BNP Paribas Cardif S.A.
  • BPF Acentelik ve Aracilik Hizmetleri A.S.
  • Euler Hermes Sigorta A.S.
  • Euler Hermes (Italy)
  • Groupama Sigorta A.S.
  • Groupama Hayat A.S.
  • Groupama Holding Filiales et Participations
  • Helvetia Swiss Insurance Company Limited
  • Jardine Lloyd Thompson Group plc
  • NN Hayat ve Emeklilik A.S.
  • Orange Sigorta Aracılık Hizmetleri A.S.
  • Reinsurance Group of America
  • TEB Arval
  • Türkiye Hayat ve Emeklilik A.S.
  • Türkiye Katılım Hayat A.Ş.
  • Türkiye Katılım Sigorta A.Ş.
  • Türkiye Sigorta A.S.
  • Türkiye Wealth Fund

Work highlights

  • Advised AXA Mediterranean Holding S.A.U on the acquisition of 100% of the shares of Groupama Investment Bosphorus Holding A.Ş., controlling Turkish insurance subsidiaries Groupama Sigorta A.Ş. and Groupama Hayat A.Ş.
  • Advising BNP Paribas Cardif on the restructuring of its distribution relationship with TEB Finansman and Türk Ekonomi Bankasi regarding CPI and GAP products.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Arpat Şenocak

Other key lawyers

Mehmet Kösoğlu, Nil Duman