Tuli & Co > New Delhi, India > Firm Profile

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

Email firm Visit website 91 120 693 4000 91 11 4593 4001

India > Insurance Tier 1

Specialist insurance firm Tuli & Co is the first port of call for domestic and international insurance companies, intermediaries and reinsurers on high-value insurance claims, in addition to outsourcing issues, bancassurance arrangements and commission payments. Three partners co-lead the New Delhi-based team: coverage and claims head Neeraj Tuli

, who assists on contentious and non-contentious matters involving insurance coverage, regulatory and product development issues; head of the non-contentious offering Celia Jenkins, who ‘carries a wealth of industry knowledge’ in corporate and commercial work for insurers, reinsurers, and insurance intermediaries; and litigation-focused Rajat Taimni. Other recommended individuals include Mandakini Khanna, for her coverage and claims advice to Indian and overseas insurers and reinsurers under a range of insurance policies, including clinical trial, product liability and cyber; and managing associate Anuj Bahukhandi, who is well-versed in advising emerging insurers on digital distribution matters and implementing novel product structures in the Indian insurance market.

Practice head(s):

Neeraj Tuli; Celia Jenkins; Rajat Taimni

Other key lawyers:

Mandakini Khanna; Smriti Singh; Anuj Bahukhandi

Testimonials

‘The insurance team at Tuli & Co brings deep expertise and solid experience in the domain. The team’s reputation is solid and you can rely on them for sound advice.’

‘Celia Jenkins carries a wealth of industry knowledge and practices. In a regulatory landscape that is evolving faster than ever, her understanding and advice is very valuable.’

‘They are a go-to for anything insurance-related.’

‘They are very strong on knowledge and proactive this their approach.’

‘Mandakini Khanna’s knowledge and dedication is excellent. Solution-oriented, sticks to timelines and delivers results.’

‘Celia Jenkins and Anuj Bahukhandi are experts in the subject matter.’

‘They are highly collaborative and innovative with their solutions.’

‘Boutique insurance firm, with a deep understanding of the sector covering the coverage aspects of policies, litigation, claims and compliance with regulations.’

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

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

Work highlights

Assisted leading general insurers and reinsurers with developing the terms and conditions for the pioneer surety insurance contracts being launched in India, based on the provisions of the guidelines issued by the IRDAI and the broader general provisions contained under Indian law.
Provided coverage and monitoring advice to leading insurers and reinsurers in relation to notifications under D&O, E&O and EPL policies.
Assisting leading Indian insurers with cyber claims involving ransomware attacks, malware attacks and unauthorised access issues.

India > Dispute resolution: litigation Tier 2

Praised for its ‘thorough domain knowledge of the insurance sector‘, clients in the industry routinely instruct Tuli & Co’s litigation team to assist on the full spectrum of sector-related disputes. Mumbai-based duo Naval Sharma and Rajat Taimni co-head the practice alongside New Delhi-based senior partner Neeraj Tuli

; the three regularly act for insurers, reinsurers, and commercial entities. Also in the core team is the ‘exceptional‘ Saket Satapathy, who is based in Mumbai.

Practice head(s):

Neeraj Tuli; Rajat Taimni; Naval Sharma

Other key lawyers:

Saket Satapathy

Testimonials

‘Tuli and Co provides end-to-end solutions for all the litigation, compliance, and regulatory requirements for insurance companies. This kind of expertise is rare.’

‘Naval and Saket are exceptional. They are solution-oriented and hands-on. Both of them are sharp and have an excellent grip on litigation. We trust them with our most critical and complex matters.’

‘They have assisted us on various litigation and arbitration insolvency-related matters in India and elsewhere, and provided general advice in support of our international trading house business.

‘Saket Satapathy and Naval has an edge over others when handling insurance matters. ’

‘Thorough domain knowledge of the insurance sector, their understanding of the sector is excellent.’

‘The team can be trusted for driving complex matters and delivering results. ’

‘Naval Sharma is a sharp disputes lawyer and is highly reliable. He brings the right strategy to the table and takes full ownership of deploying it. His knowledge of legal issues is remarkable and he is quick to grasp the technical and commercial aspects. ’

Key clients

Transrail Lighting Limited

Louis Dreyfus Commodities India Private Limited

Bajaj Allianz General Insurance Company Limited

General Insurance Corporation of India

New India Assurance Company Limited

SUEZ India Private Limited

HDFC ERGO General Insurance Company Limited

ICICI Lombard General Insurance Company Limited

Horizon Crest India Real Estate

Work highlights

Representing Transrail Lighting Limited in a Commercial Suit against NRS Bridge Construction India Private Limited (NRS) before the Bombay High Court to recover a sum of USD 840,000 from NRS.
Successfully represented a client engaged in the business of import and export of commodities in their two consumer complaints filed before the National Consumer Disputes Redressal Commission (NCDRC) against New India Assurance Company Limited (NIA) for their gross deficiency of service in denying the legitimate claim amount due to the Complainant under the `Marine Cargo Annual Turnover Policy’ on an estimated basis.

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 and reinsurance coverage and 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 crime

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 and 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 and health

· Term life

· Savings

· Critical illness

· Travel

· Personal accident

· ULIPs

· Child plans

· Employee care

· Pension and 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 and contract liability

· Home contents

· Public liability

· Clinical trials

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

Department	Name	Email	Telephone
Insurance & Reinsurance	Neeraj Tuli	Neeraj.tuli@tuli.co.in	+91 120 693 4000
Dispute Resolution	Rajat Taimni	rajat.taimni@tuli.co.in	+91 22 6725 5421
Insurance & Reinsurance and Corporate & Commercial	Celia Jenkins	Celia.jenkins@tuli.co.in	+91 120 693 4000
Insurance & Reinsurance	Mandakini Khanna	mandakini.khanna@tuli.co.in	+91 120 693 4000
Dispute Resolution	Naval Sharma	naval.sharma@tuli.co.in	+91 22 6725 5421
Corporate & Commercial	Shubhangi Pathak	shubhangi.pathak@tuli.co.in	+91 120 693 4000

Name	Position	Profile
Ms Celia Jenkins	Celia Jenkins joined Tuli & Co in 2006 and heads the Firm’s…	View Profile
Ms Mandakini Khanna	Mandakini joined Tuli & Co’s coverage and claims practice in 2009. She…	View Profile
Mr Naval Sharma	Naval joined the Firm’s dispute resolution practice in 2009. He has 14+…	View Profile
Mr Rajat Taimni	Rajat Taimni joined Tuli & Co in 2001 and heads the Firm’s…	View Profile
Mr Neeraj Tuli	Neeraj Tuli is the senior partner of Tuli & Co. Before setting…	View Profile