Pratishtha Solutions & Partners Legal LLP - Law Firm i.e PSP Legal LLP has a market leading insurance/reinsurance sector practice on both the contentious and non-contentious side.

On the non-contentious front, we provide assistance with transactional work, including entry strategies, M&A and restructuring, as well as regulatory advisory and development of policy wordings tailormade for the Indian jurisdiction.

We render regulatory assistance and engage on policy development as well. We are aware of the regulatory landscape, the pulse of the regulator and the policies framed by it. We have been instrumental in making submissions before the regulator on innovative transactions involving the merger of two non-life insurers, which led to the framing of its guidelines and policy. It would be fair to claim that our initiative and deep understanding of the industry influenced the framing of these guidelines and our submissions to the regulator had a key role to structure and give shape to the policy.

In relation to contentious work, the Firm has the ability to handle and advise on claims made in a wide range of geographical regions even outside India. We assist with claims, whether at the stage of coverage advice or in a dispute, across a wide range of insurance lines including Financial & Specialty Lines (Tech E&O; Professional Indemnity; Directors & Officers; Media Liability; Cyber-risks; Medical Malpractice; Clinical Trials; Trade Credit; Political Risks), Property & Casualty (Standard Fire & Special Perils; Industrial All Risk; Contractors All Risk; Erection All Risk; Bespoke Mega Risk; Machinery Breakdown; Delay in Start-up/BI/ALOP; Commercial General Liability; Product Liability; Product Recall; Public Liability; Environmental; Marine & Inland Transit) as well as Reinsurance claims.

Our clientele is expansive and includes insurance start-ups, joint ventures, liaison/branch offices, intermediaries and both domestic and international players in the insurance and reinsurance space.