About

Property and casualty insurance company, Inter Hannover is wholly owned by Hannover Re, within the business model there are two distribution channels to approach the insurance market -delegated authority and single risk. Based in Germany, the legal department support the global risk coverage and assist matters involving the company’s branches in the UK, Australia, Canada and Sweden. The legal department ensure that the insurance company is acting in compliance with applicable foreign legal and regulatory requirements when conducting its worldwide business activities. In 2014, the legal division was tasked with assisting in the relocation of its primary insurance subsidiary, Inter Hannover, from London to Hannover. This was the first time that a European insurance company made use of this opportunity to change its legal seat to another EU member state under the legal form of a Societas Europea (SE). Head of legal and compliance, Julia-Christina Friedrich lead the legal department through this critical move and was responsible for building up a new compliance organisation at the new headquarters in Germany. The team have since had to adjust legal and compliance polices and processes to both the German jurisdiction and to the new Solvency II regime.