Tuli & Co > New Delhi, India > Firm Profile

Tuli & Co
LEVEL 14, OFFICE B
MAX TOWERS SECTOR 16B
NOIDA 201301
India

India > Insurance Tier 1

Specialist insurance firm Tuli & Co handles a myriad of insurance and reinsurance matters for domestic and international insurance companies, intermediaries and reinsurers. Neeraj Tuli co-heads the practice and handles contentious and non-contentious matters involving regulatory, product development and insurance coverage issues. On the non-contentious side of the practice, co-head Celia Jenkins leads the team and specialises in providing corporate and commercial advice to insurance intermediaries, providers and reinsurers. Managing associate Anuj Bahukhandi handles multiple forms of regulatory advice and programme structuring. Mandakini Khanna is an expert in providing advice on claims and coverage to domestic insurers and foreign reinsurers under a full range of policies, particularly clinical trial, product liability and cyber. Amrit Singh was promoted to partner in April 2022, contributing his experience in representing insurers and reinsurers in litigious matters. In addition, the team is equipped to assist clients with outsourcing issues, bancassurance arrangements and commission payments.

Practice head(s):

Neeraj Tuli; Celia Jenkins

Key clients

Magma HDI General Insurance Co Ltd.

SBI General Insurance Company Limited

HDFC Ergo General Insurance Company Limited

Hannover Ruck SE – India Branch

Swiss Reinsurance Company Limited – India Branch

Acko General Insurance Limited

Girnar Insurance Brokers Private Limited

Policybazaar Insurance Brokers Private Limited

Future Generali India Insurance Company Limited

Bajaj Allianz Life Insurance Company Limited

FM Global

Iffco Tokio General Insurance Company Limited

Assurant Automotive Warranty Solutions India Pvt Ltd (Formerly TWG)

Work highlights

  • Advised reinsurers in relation to the scope of treaty coverage, compliance with underwriting requirements when issuing underlying policies and the handling of underlying claims.
  • Advised multiple leading Indian insurers on cyber incidents and claims, including ransomware attacks, malware attacks and unauthorised access.
  • Provided coverage and monitoring advice to clients in relation to notifications under D&O, E&O and EPL policies in respect of claims arising from events and incidents.

India > Dispute resolution: litigation Tier 2

Tuli & Co is valued by clients for its ‘crisp and clear legal advice‘ and is one of the go-to practices in the market for insurance-related litigation. Naval Sharma and Rajat Taimni in Mumbai are well versed in insurance cases as well as broader commercial disputes; they co-lead the department with senior partner Neeraj Tuli in New Delhi, who has a dedicated focus on insurance matters. Saket Satapathy is well regarded by clients and specialises in handling insurance and commercial disputes, representing Indian insurers, overseas reinsurers and general commercial clients on a range of proceedings before the Indian courts.

Practice head(s):

Neeraj Tuli; Rajat Taimni; Naval Sharma

Other key lawyers:

Testimonials

‘We are happy with the outcomes achieved by them for us, which have been successful. They are cost effective, thorough, and have no airs. Very commercial minded which is useful in a complicated jurisdiction like India. Very user friendly, and useful in being the interface with Indian barristers. I have used Tuli & Co for many years, and have no compelling reason to stop using them.’

‘The best practice about the team is constant updating on the case assigned and value addition in the form of other updates relevant without any follow up.’

‘Saket Sathapathy and team has required knowledge and skill in insurance required for giving support on an immediate basis. Saket Sathapathy particularly provides in-depth opinions about the case with which we are able to take a decision on the way forward.’

‘Team Tuli and especially the partners Saket Sathapathy and Naval Sharma and all the associates we have worked with, have been remarkable. Even in the most stressful situations, the solutions they all come up with and the way they handle difficult cases is exceptional.’

‘Saket Sathapathy and Naval Sharma have been exceptional all through. They are both sharp, hard-working, solution oriented and excellent is strategizing matters. Their deep understanding of commercial law and other legal provisions has always given us an upper hand. The experience they have gathered in the insurance sector is astounding.’

‘Agility, detailing, team collaboration and approachability with a crisp and clear legal advice are few words that describe the teams at Tuli & Co. Tuli & Co. is a go to firm for handling complex litigation matters and for advice on regulatory issues across various sectors and specially for the insurance sector. The best part of working with the team is the ‘turn-around time’ without any follow-ups.’

‘I have extensively worked with Naval Sharma and Saket Satapathy and the experience working with them and their teams, namely Anubhav Dutta and Varun Gupta has only been enriching. Both Naval and Saket as a team develop litigation strategies which comprehend the expectations of a corporate client and its management. The memorandums, drafts and documents made by the firm are very detailed and easy to understand.’

‘Detail-oriented, good litigative mindset, methodical approach.’

Key clients

Export Credit Guarantee Corporation of India Limited

World Sport Group (India) Private Limited (Lagadere Sports & Entertainment)

Unicredit AG

Weiss Technik India Private Limited

Engine Lease Finance Corporation

National Insurance Company

General Insurance Corporation of India

Acko General Insurance Limited

SBI General Insurance Company Limited

The New India Assurance Company Limited

Coface SA (Compagnie Française d’Assurance pour le Commerce Extérieur)

HDFC ERGO General Insurance Company

ICICI Lombard General Insurance Company Limited

About Us

Tuli & Co was established in 2000 to service the Indian and international insurance and reinsurance industry. With almost 50 qualified legal professionals, we are the single largest insurance law practice in India.

Rankings

Tuli & Co has been recognized by:

    • Asia Pacific Legal 500 as a top tier law firm for Insurance & Reinsurance from 2008 onwards.
    • Chambers & Partners as a top tier law firm for Insurance & Reinsurance from 2011 onwards.
    • IBLJ as a winner in the Insurance and Reinsurance segment from 2014 onwards.
    • Asia Pacific Legal 500 for Dispute Resolution from 2019 onwards.

 Core Practice Areas

 Insurance & Reinsurance Coverage & Claims Management

 Coverage advice on a range of policies, including:

·         E&O

·         D&O

·         CGL

·         EPLI

·         Product Liability

·         Product Recall

·         Cyber

·         Media Liability

·         Material Damage

·         Crime

·         Trade Credit

·         Clinical Trials

·         CAR, EAR

·         SFSP

·         ALOP

·         Marine

·         Aviation

·         Business Interruption

 Contacts:  Neeraj Tuli and Mandakini Khanna

 Dispute Resolution

Core areas of work, include:

·         Insurance

·         Reinsurance

·         Construction

·         Company Law

·         IBC

·         Sports

·         Media

·         Employment

·         Maritime

·         International Trade

·         Competition Law

·         White Collar Crimes

Representing clients before various Courts and Forums, including:

·         The Supreme Court

·         The High Courts

·         District Courts

·         Consumer Fora

·         NCLT & NCLAT

·         Competition Commission

 Alternate Dispute Resolution

 Representing clients in ADR proceedings, including in: 

·         Mediation

·         Domestic Arbitration

·         Conciliation

·         International Commercial Arbitration

 Contacts: Rajat Taimni, Neeraj Tuli and Naval Sharma

Regulatory

 Advising Insurers, Reinsurers and various insurance intermediaries on a wide range of regulatory issues, including:

·         Entry & Exit Options

·         Marketing Arrangements

·         Overseas Expansion

·         Distribution Options

·         Intermediary Structuring

·         Regulatory Audits

·         Responses to Regulators

·         Group Insurance

Product Development

Drafted/reviewed over 2,000 products, including:

Life & Health:

·         Term Life

·         Savings

·         Critical Illness

·         Travel

·         Personal Accident

·         ULIPs

·         Child Plans

·         Employee Care

·         Pension & Annuity

·         Credit Linked

General:

·         Professional Indemnity

·         D&O and EPLI

·         CGL and BIPD

·         Cyber Insurance

·         Product Liability

·         Medical Negligence

·         Trade Credit

·         Marine/Aviation Liability

·         Media Liability

·         Crime Insurance

·         Warranty & Contract Liability

·         Home Contents

·         Public Liability

·         Clinical Trials

Corporate & Commercial

 Advising Insurers, insurance intermediaries, NBFCs, e-commerce entities and start-ups in relation to general corporate matters, including:

·         Companies Law

·         Foreign Investment

·         RBI Regulations

·         Services Arrangements

·         Internal Policies

·         Employment Law

·         Strategic Collaborations

·         Structuring Advice

Transactional advise to investors, Indian promoters, strategic partners and joint venture partners, including:

    • Conducting due diligence
    • SEBI Regulations
    • Drafting and review of transaction documents
    • Negotiation of transaction documents
    • All other legal advise in relation to transactions

Contacts:  Celia Jenkins and Shubhangi Pathak

DepartmentNameEmailTelephone
Insurance & Reinsurance Neeraj TuliNeeraj.tuli@tuli.co.in+91 120 693 4000
Dispute Resolution Rajat Taimnirajat.taimni@tuli.co.in+91 22 6725 5421
Insurance & Reinsurance and Corporate & Commercial Celia JenkinsCelia.jenkins@tuli.co.in+91 120 693 4000
Insurance & Reinsurance Mandakini Khannamandakini.khanna@tuli.co.in+91 120 693 4000
Dispute Resolution Naval Sharmanaval.sharma@tuli.co.in+91 22 6725 5421
Corporate & Commercial Shubhangi Pathakshubhangi.pathak@tuli.co.in+91 120 693 4000
PhotoNamePositionProfile
Celia Jenkins photoMs Celia JenkinsCelia Jenkins joined Tuli & Co in 2006 and heads the Firm’s…
Mandakini Khanna photoMs Mandakini KhannaMandakini joined Tuli & Co’s coverage and claims practice in 2009. She…
Naval Sharma photoMr Naval SharmaNaval joined the Firm’s dispute resolution practice in 2009. He has 14+…
Rajat Taimni photoMr Rajat TaimniRajat Taimni joined Tuli & Co in 2001 and heads the Firm’s…
Neeraj Tuli photoMr Neeraj TuliNeeraj Tuli is the senior partner of Tuli & Co. Before setting…
Number of Lawyers : 49