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Insurance

As insurers both domestically and internationally seek to maintain and extend customer base, they also realize the importance of effectively managing multiple risks inherent in new products and services, whilst adjusting to the realities of new regulatory environment.

In our law office, we not only read insurance policies, we help our clients create and develop them. We have been at the forefront of Latvian insurance industry and count two of the largest domestic insurance companies among our clients.

We strive to adjust our services to the contemporary challenges, objectives and innovations of the insurance industry. We have advised several key clients on both routine insurance operations and extraordinary strategic projects.

We aim to be partners to our clients which may turn to us for any legal advice. In the past we have provided our clients operating in the insurance sector with advice in employment, personal data protection, tax and commercial law.

We have in-depth experience in handling disputes involving complex insurance and reinsurance issues, some of which involved international aspects. We have brought numerous subrogation claims and have an extensive experience in insurance litigation involving fire accidents. 

Services We Offer

Our principal practice areas within insurance law include:

  • Drafting insurance contracts
  • Legal advice on insured risks, insurance claims, insurance indemnity
  • Legal opinion on insurance cover
  • Legal advice on non-insurance legal matters taking into account special requirements stipulated for insurers
  • Filing subrogation claims
  • Insurance and reinsurance related litigation and dispute resolution

Our Experience

We pride ourselves in having represented or advised clients on a number of high-profile court cases and transactions involving insurance law aspects. Our successful track record includes the following:

Representing one of the key insurance companies in Latvia and three other well-known international reinsurers in a matter brought by the owner of a Riga shopping centre who demanded payment of an insurance indemnity after a fire in the shopping centre in the amount of EUR 630,000.

In another case of major insurance company in Latvia we have rendered legal advice on insurer`s rights to reduce insurance indemnity and derogate from insurer’s obligation to pay insurance indemnity. The claimed insurance indemnity exceeded 1 million EUR.

We represented the major insurance company in Latvia, in 3 high-profile employee redundancy litigation cases (involving the claims for reinstatement of the employees and payment of both pecuniary and non-pecuniary damages) with the total value of the employees’ claims exceeding EUR 750 000. We represented the client before the court and facilitated conclusion of settlement agreements on all three occasions.

Agris Bitāns

  • Managing Partner
  • +371 6728 0102
  • E-mail