Scope of services
Public laws
- submission of an application for undertaking on financial market, including changes of registration issued by Ministry of Finance, then by The Czech National Bank, accounting for preparation of necessary accompanying documentation
- compilation of applications and representation in administative proceedings related to issuing of various types of licences and decisions
- representation in administrative proceedings related to imposition of corrective measures at various stages, especially regarding the Insurance Law
- fulfilment of informative obligations in relation to state supervisor
- registration obligations arising from the spreading of business activity within EU and beyond its borders
- representation in cases regarding consumer protection
Private laws
- representation in disputes regarding fulfilment of obligations (especially those arising from insurance relations, lease contracts, contracts of purchase)
- legal suits for compensations (including subrogations)
- compilation of all types of contracts and their analysis (insurance contracts, intermediary contracts, reinsurance slips, insurance portfolio transfers)
- writing of general insurance conditions (including prior legal market analysis, working out a methodological base, internal instructions, pilot lectures)
- consultations, analysis and advice related to insurance law in general (due diligence, financial instruments placement, technical provisions portfolio)
- settlement of reinsurance contracts and Insurance Clauses application
- presentation of various points of view and consultation according to Civil and Business Codex and other special acts
Other services
- analysis of contractual documentation and operational records of payments - enforcement of receivables to the guarantee fund CNB - advice and consultation in matters of liability under the Civil and Commercial Code and special laws - internal control and risk management - risk mapping - testing of internal processes - the creation of individual manuals - consultation, analysis and advice on insurance - due diligence - financial asset allocation - investment projects - technical reserves - solvency and guarantee fund - internal control system - auditing, accounting, consolidation conditions - financial conglomerates and financial operations within the group - risk management and prudential rules - rating, compliance, reporting
Services in reinsurance - drafting and commenting on the contract (Cover Notes Facultative slips, Preliminary promises Retrocession Contracts) - consultation in the application of Clauses, Exclusions and Bordereaux - calculation of reinsurance claims (Quota Share Contracts Facultative) - calculations related claims (Brokerage, Commision) - analysis of quantitative parameters of claims under reinsurance contracts (PLM Cession Limits, Layers, Retention, Cash Calls).