Advice to insurers in Germany

Allen & Overy LLP

Allen & Overy LLP covers the whole range of business-related advice to the insurance sector and recently particularly impressed with advice on run-off-transactions and restructuring measures as well as insurance-related data protection and InsurTech matters. Practice head Jan Schröder also acts as co-head of the Global Insurance Sector Group. He advises on national and international transactions, restructuring measures and matters regarding day-to-day-business of insurers, reinsurers and company pensions. Counsel Anne Fischer's strength is in insurance broker law, including digital distribution issues; she has also established herself in the market with her expertise on capital investments. Counsel Achim Schmid focuses on matters regarding company pensions as well as contractual trust arrangements and is also experienced in the area of life insurance. Noteworthy at associate-level is Meike Radtke, who uses her corporate know-how on several transactional and regulatory matters. Of counsel Stephan Funck is a new member of the team since October 2019, who utilises his knowledge from former positions at investment banks especially in connection with advice around capital assets of insurance companies. Overall, the team works seamlessly with other departments as well as its offices outside of Germany to offer comprehensive legal advice in particular to multinational insurers.

Practice head(s):

Jan Schröder


‘In insurance law, Jan Schröder and Anne Fischer are well coordinated and well integrated with their colleagues from additional specialist areas. The team works efficiently in terms of process and costs, tailored to the respective issue. ‘

‘Jan Schröder – 2nd to none in insurance supervisory law; creative head.’

‘Anne Fischer is perfectly coordinated with Schröder; even with reports to the point and no time wasting. ‘

Key clients

Allianz Gruppe

AXA Liabilities Managers

Canada Life Group

Coya AG

Deutsche Betriebs-Renten Holding GmbH & Co. KG

Frankfurter Leben Gruppe

Markel Insurance Group

Swiss Life Gruppe

The Riverside Company

Viridium Gruppe

Zurich Insurance Plc

Work highlights

  • Allianz SE: Advising on the establishment of a long-term exclusive bancassurance joint venture with Banco Bilbao Vizcaya Argentaria (BBVA) in Spain.
  • evergreens Group: Advice on the sale of the real estate portfolio of Proxalto Lebensversicherung (formerly Generali Lebensversicherung).
  • Great-West Lifeco Inc.: Advice on the acquisition of a 28% stake in JDC Group AG.

Hengeler Mueller

Hengeler Mueller has an excellent reputation for transactional and regulatory advice to insurers and recently advised on prominent mergers and run-offs. The service offering is complemented by expertise in reinsurance and insurance antitrust law, and the firm also represents clients in BaFin-proceedings and assists insurance companies and brokers with Brexit-related matters. Daniel Wilm mainly focuses on insurance regulatory and corporate law, whereas Carl-Philipp Eberlein is experienced in asset management and investment law as well as in banking supervision and financial market regulation. The core-team also includes experts such as Vera Jungkind, who advises at the intersection with compliance issues and internal investigations, and Christian Schmies who has expertise at the intersection with capital and alternative investments.

DLA Piper

DLA Piper supports clients in the insurance sector, including reinsurers, pension funds and church pension funds, on matters concerning insurance regulatory, criminal tax and corporate law as well as compliance. On the transactional side, advice on run-offs, cash pooling and capital investments is the main focus of the group under the leadership of Ludger Giesberts. The team also advises on the establishment and restructuring of international insurer branches and distribution units within the Brexit context. Gunne Bähr is a key point of contact for insurance regulatory law and is particularly busy with compliance advice to insurers and reinsurers. Jan Eltzschig mainly handles corporate mandates with expertise in dealing with transfers of stock as well as joint ventures and cooperation agreements. Noteworthy at counsel level are capital investment specialist Heike Andrea Schmitz and regulatory expert Volker Lemmer.

Practice head(s):

Ludger Giesberts


'Christian Schneider is a highly competent and experienced consultant and conflict solver. He has a strong team of smart lawyers. '

'Christian Schneider is very competent and experienced in insurance law, especially D&O insurance. A calm and pragmatic advisor who always gets to the crucial point and negotiates smartly. '

'Very in-depth knowledge of insurance law and always up-to-date.'

'Gunne Bähr is an internationally respected lawyer whose knowledge is recognized beyond national borders.'

Key clients

Baloise Gruppe


Deutscher Reisepreis-Sicherungsverein VVaG (DRS)

Electrolux Försäkring AB

Evangelische Zusatzversorgungskasse Dortmund


Kölner Pensionskasse VVaG / Pensionskasse der Caritas VVaG

Partner Re

Work highlights

  • Cologne Pension Fund VVaG / Pension Fund of Caritas VVaG: Advice on insurance supervisory law issues as well as company pension and insurance law issues in connection with benefit cuts.
  • Electrolux Försäkring AB: Advice on regulatory, contract and sales law when entering the German market in the area of extended warranty insurance.

Hogan Lovells International LLP

Hogan Lovells International LLP's insurance practice has a particular focus on cross-border M&A-transactions and restructurings, where Christoph Küppers and his team cooperate closely with the firm's international offices. Other expertise lies in bancassurance distribution cooperation agreements, insurance product advice and regulations on company pensions. Practice head Küppers assists well-known clients with regulatory matters and is also active in the reinsurance market. Carve-Outs, mergers as well as the transfer of insurance and credit portfolios are the areas of focus for Christoph Louven, who also has expertise in corporate governance and corporate compliance. Birgit Reese has established herself in transactional and advisory services, and restructuring advice for primary insurer and reinsurer companies.

Practice head(s):

Christoph Küppers

Other key lawyers:

Christoph Louven; Birgit Reese

Work highlights

  • Allianz X: Advice on the acquisition of a majority stake in ControlExpert.
  • Insurance Chamber: Advice on the purchase of the Palais Domes in Düsseldorf.
  • Gothaer Group: General corporate and regulatory advice.


Linklaters' cross-practice approach on insurance law partly shows itself in mandates at the intersection between corporate and M&A, and regulatory matters, which also includes advice to InsurTechs and other digitalisation projects. Wolfgang Krauel heads the German and global practice and mainly advises on M&A transactions and joint ventures. Thomas Broichhausen has a similar focus with additional experience in reinsurance transactions and bancassurance-agreements. With banking and insurance regulatory law expertise Frederik Winter supports clients on issues such as investment restrictions and Solvency II.

Practice head(s):

Wolfgang Krauel


In addition to its renowned insurance litigation practice, BACH LANGHEID DALLMAYR also offers a growing portfolio of advisory services in the insurance sector. Managing partner Joachim Grote and his team support insurers, InsurTechs, banks, pension funds and other financial service providers on business transactions, transfers of stock, product developments and other insurance and insurance regulatory law related topics. Recently, the team was particularly active in the area of company pensions with regards to rehabilitation funds and in the InsurTech segment, where issues such as the online distribution of insurance products and approval requirements contributed to an increased workload. Grote has profound expertise in insurance regulatory law and compliance, and Alexander Beyer takes on mandates with an international aspect, which are often handled together with the specialised law firm network Legalign Global. Martin Schaaf mainly concentrates on advice surrounding the transfer of stock and restructurings, whereas Tobias Britz contributes with expertise on data protection law and company pensions.

Practice head(s):

Joachim Grote

Work highlights

  • Domestic and foreign life insurers: Product advice on new, innovative capital- and unit-linked life insurance products with sustainable investments as well as risk products from the areas of dread disease and incapacity for work.
  • Domestic and foreign life insurers: Advice on product documentation such as status notifications or notifications on certified pension products.
  • Domestic life insurers: Advice in connection with arbitrage transactions at the expense of life insurers.

Clyde & Co LLP

Even though Clyde & Co LLP traditionally focuses on commercial and industrial insurance, the team also has strong connections to the InsurTech space and is continuously developing its own legal tech tools. Furthermore, the group offers innovative insurance-related advice on climate change and is well positioned for advice to the transport insurance sector since the opening of its new Hamburg office in 2019. The Düsseldorf team, including practice head Henning Schaloske, is increasingly taking on business-related topics such as regulatory and distribution law, whereas Schaloske is also very active in reinsurance law. Counsel Kathrin Feldmann left for an inhouse role at RWE Supply & Trading in June 2020, but in early 2021, the team was significantly boosted with the addition of Norton Rose Fulbright's longstanding insurance law team surrounding Eva-Maria Barbosa, Andreas Börner and Sven Förster for the firm's newly-opened office in Munich.

Practice head(s):

Henning Schaloske


‘Henning Schaloske’s team is already very interdisciplinary in terms of private insurance and insurance supervisory law and covers the entire range of subjects.’

‘Henning Schaloske always manages to bring in the global Clyde network for his clients in a way that is appropriate to their interests.’

‘The team is very familiar with the facts and the latest developments. In this way, an up-to-date statement on the facts or the further, necessary or recommended steps is possible at any time. ‘

‘Henning Schaloske impresses with his broad comprehension and analytics. Even complicated initial situations are reliably recorded and evaluated despite their complexity. ‘

” Law firm specializing in insurance and liability law with very good expertise in these areas, but with the necessary pragmatism in solving problems The response times are very short and the answers are always legally sound. The law firm can only be recommended for this area. ‘

‘The Clyde & Co insurance team is dedicated to the sector. It consists of consultants who are both professionally specialized and, thanks to their experience, know the connections between the various areas of law – for example between distribution law and insurance supervisory law – very well. The direct understanding of the economic context has made communication and finding solutions much easier. Good and uncomplicated communication and a great willingness to work on the part of the team, even under considerable time pressure, should be emphasized. All promises were always kept. ‘

‘Henning Schaloske is characterized by an excellent overview of his client’s project situation and, in direct exchange, very quickly identifies the areas to be covered by law and the appropriate consultants. He reacts very flexibly and courteously to short-term developments, and he and his team always fulfilled his promises completely and on time. ‘

‘High level of technical competence, also with international questions – very good accessibility – fast response times.’

‘Henning Schaloske is a top expert in the field of insurance law.’

‘High level of professionalism and expertise, always approachable, very committed. Outstanding know-how, especially in the area of insurance law. ‘

‘A strong team around Henning Schaloske, especially in advising insurance companies.’

‘For many years, Henning Schaloske has had an outstanding market position in the area of advice on financial lines issues and is always innovating here.’

” Specialized knowledge of financial lines and industrial insurance. Very good market presence on relevant topics. ‘

” Technical competence in various areas. Very good accessibility and quick feedback. ‘

‘The team is characterized by profound market knowledge. It always has an open ear for current topics and reports promptly in all available media. They also show current developments such as case law that has not yet been published. ‘

‘Henning Schaloske is an extremely sociable and polite person. His knowledge of the market is outstanding. It seems to be available at all times. ‘

Key clients


CNA Insurance Company Ltd.

DUAL Deutschland GmbH

Markel International Insurance Co. Lt.

Swiss Re

Tokio Marine Kiln Group Limited

Versicherungskammer Bayern

Westfälische Provinzial Versicherung AG

KPMG Law in Germany

KPMG Law in Germany counts on legal tech for its comprehensive advice to the insurance sector in areas such as claims settlement and product distribution. The team also advises on run-offs and other transactions as well as asset management and the implementation of sustainability and social responsibility requirements. Ulrich Keunecke, who leads the practice, assists insurers with the structuring of investments under Solvency II and with Brexit-projects. Frank Püttgen joined from CMS in October 2019, advises on regulatory matters with additional expertise in the area of financial lines. Frank Fischer mainly focuses on transactions, and Einiko Franz, who joined the team at the beginning of 2019 from PwC Legal (PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft), covers the intersection with tax law.

Practice head(s):

Ulrich Keunecke

Work highlights

  • German insurance group: Advice on the merger of two insurance companies.
  • An insurance: Regulatory support in the processing of claims with the involvement of LegalTech Solutions resulting from a company's insolvency insurance.
  • An insurance company: Support in setting up a regulated asset management company, expansion of the mandate due to a change in structure to include Luxembourg.


In the insurance advisory space, Noerr regularly assists with run-offs and other transactions and also offers ongoing advice on compliance issues. Additionally, the team advises in connection with IT outsourcing projects. Besides insurers, the client portfolio consists increasingly of digital insurers and start-ups within the insurance sector. Oliver Sieg and Thomas Heitzer co-head the liability and insurance practice group, which merged with the litigation, arbitration and ADR team in April 2020. Sieg regularly leads in litigation, whereas Heitzer also works on issues relating to corporate and regulatory law, and assists clients with restructuring, outsourcing and projects in the area of risk management.

Practice head(s):

Oliver Sieg; Thomas Heitzer

Norton Rose Fulbright

Run-off transactions, M&A in the insurance sector and advice on the underwriting of W&I insurance are the cornerstones of the corporate insurance practice at Norton Rose Fulbright. The firm comprehensively advises a wide range of players in the insurance and reinsurance sector, including mediators and investors, and also handles disputes. Furthermore, the portfolio includes complex transactions under regulatory and corporate law, as well as restructuring projects, including exit-strategies for run-off-assets, outsourcing contracts and cooperation agreements. However, the core team consisting of Andreas Börner, Eva-Maria Barbosa and Sven Förster departed to open a new Munich office for Clyde & Co LLP at the beginning of 2021.

Key clients

Signal Iduna

Wüstenrot & Württembergische AG


Augur FIS

Work highlights

  • Global W&I insurer: Advice on underwriting for W&I policies in the German market.
  • US W&I insurer: Advice and representation in connection with a W&I damage.
  • Signal Iduna Group and msg systems: Advice on the joint venture with Allianz X and Debeka.


Oppenhoff's insurance practice rests on two main pillars: advice on transactions and advice surrounding the trending topic of InsurTech. The team is also increasingly active in the W&I insurance space. Practice head Peter Etzbach specialises in acquisitions and sales as well as joint venture projects, and was recently active in large outsourcing transactions. Hanno Goltz focuses on insurance regulatory matters and the establishment of new insurance companies, while Markus Rasner has niche expertise in the W&I sector and Till Liebau mostly concentrates on transactions. In August 2020, Christoph Niemeyer left the firm and joined GÖRG Partnerschaft von Rechtsanwälten mbB.

Practice head(s):

Peter Etzbach

Other key lawyers:

Hanno Goltz; Markus Rasner; Till Liebau


'' Fast reaction, specialization, solution-oriented. Excellent law firm with excellent specialists. '

'Hanno Goltz has excellent knowledge of insurance law, a pragmatic approach and entrepreneurial thinking.'

Key clients

Arch Insurance Company (Europe) Limited

Zurich Beteiligungs-AG (Deutschland)

HDI Vertriebs-AG

CyberDirekt (Cari GmbH)

Roland Rechtsschutz Versicherungs AG

The Prudential Assurance Company Limited (London)

Generali Group


Hannover Rück SE (Hannover Re)

Vienna Insurance Group (DONAU Versicherung AG)

Work highlights

  • Zurich Beteiligungs-AG (Germany): Advising on the sale of the majority stake in the joint venture with ADAC and ADAC Autoversicherung AG to Allianz.
  • Zurich Beteiligungs-AG (Germany): Advising on the takeover of InsurTech Dentolo, a digital insurance agent for supplementary dental insurance, including the subsequent integration.
  • The Prudential Assurance Company Limited (London): Advice on insurance contracts in Germany and Austria as well as on supervisory law (in particular implementation of IDD).

Taylor Wessing

A unique feature of Taylor Wessing's insurance law team is its strong focus on advice regarding reinsurance contracts and run-offs. The practice group is led by Gunbritt Kammerer-Galahn, who specialises in insurance regulatory law and insurance broker law. The firm's expertise in the InsurTech and legal tech space, including the development of digital insurance offers, is also in high demand. The team's two associates Saskia Michel and Yannick Eckervogt often assist with transactional advice concerning reinsurance.

Practice head(s):

Gunbritt Kammerer-Galahn

Other key lawyers:

Saskia Michel; Yannik Eckervogt


'An excellent team, very solution-oriented.'

Key clients


Crédit Agricole Assurances (CACI)

AXA Versicherungen AG




Techniker Krankenkasse



Enterprise Rent-A-Car

Partner Re Zurich

Work highlights

  • ING-DiBa: Advice on negotiating contracts for the insurance sales cooperation between ING-DiBa and AXA.
  • Crédit Agricole Assurances (CACI): Advice on the existing sales cooperation with CreditPlus Bank AG and FCA Bank (Fiat) on requirements according to IDD.
  • AXA Insurance AG: Advice on all aspects of reinsurance contract law.

Clifford Chance

Clifford Chance's practice focuses on advice on domestic and cross-border transactions within the insurance and reinsurance market, including portfolio transfers and capital issues. The team has particular expertise at the intersection with real estate law, where Christian Keilich and Gerold Jaeger regularly assist insurers with real estate transactions. Regulatory expert Marc Benzler continues his advice on Brexit action-plans and advises international clients on European restructurings, while Thomas Krecek has a strong focus on international corporate and M&A work.


CMS offers insurance sector clients ongoing advice on their insurance business as well as regulatory and corporate matters. Another more recent focus concerns IT and data protection issues and advice on outsourcing projects. Winfried Schnepp heads the practice and assists insurance companies with their market entry and restructurings; he is also experienced in dispute resolution. He receives support from a counsel duo consisting of Margareta Wolff and Thomas Maur: the former specialises in advising international clients with expertise in private international law matters, whereas the latter is well-versed in insurance marketing.

Practice head(s):

Winfried Schnepp

Other key lawyers:

Margareta Wolff; Thomas Maur

Gleiss Lutz

Gleiss Lutz traditionally puts the focus on the transaction business, but was recently able to widen the range of advice on aspects of corporate and supervisory law. Maximilian von Rom is the key point of contact for the latter and part of the team, headed by Tobias Harzenetter and Andreas Löhdefink, which now offers comprehensive advice on day-to-day business. Other experts from different practice groups are consulted when needed, such as Michael Arnold and Hansjörg Scheel from the corporate team.

Key clients

Munich Re

ERGO Group

Talanx Group


Nippon Life Insurance

Work highlights

  • Munich Re: Ongoing advice on corporate and regulatory law.
  • ERGO Group AG: Ongoing advice on corporate and regulatory law.
  • VKB Insurance Chamber Bavaria: Ongoing advice on corporate and regulatory law.

GÖRG Partnerschaft von Rechtsanwälten mbB

GÖRG Partnerschaft von Rechtsanwälten mbB advises clients on their insurance business, the establishment of insurance companies and on IT projects. Additionally, Jochen Lehmann is experienced in cross-border court proceedings and utilises this expertise while advising on insurance regulatory matters and insurance distribution. He heads the practice together with Roland Hoffmann-Theinert, who covers topics at the intersection with corporate law. In May 2020, the team was able to welcome Christoph Niemeyer from Oppenhoff, who completes the service offering with experience in the areas of run-offs and capital investments as well as regulatory know-how.

Other key lawyers:

Christoph Niemeyer

Key clients

Allianz Partners SAS

Samsung Electronics GmbH


Work highlights

  • Allianz Partners SAS: Advice on the introduction of a mobile payment product, the Allianz Prime App.
  • Samsung Electronics GmbH: Ongoing advice on, among other things, the range of insurance benefits
  • Large group of public insurers: Advice on setting up a virtual commercial insurer.