Next Generation Partners

Advice to insurers in Germany

A&O Shearman

A&O Shearman‘s insurance practice leads on complex transactional and regulatory matters for global and German health and life insurance platforms, as well as private equity investors and asset managers. The firm levies experience in corporate and M&A law, insurance regulations, tax compliance, and employment and pensions law to provide comprehensive support to insurance clients. Practice head Jan Schröder focuses on insurance and corporate law to act for insurance clients including reinsurers, insurtechs, and pension scheme operators. Achim Schmid assists on general insurance contract law and regulatory matters, and Saber Baratzadeh and Robin Petschenka are also prominent names for major transactions.

Responsables de la pratique:

Jan Schröder


Autres avocats clés:

Achim Schmid; Saber Baratzadeh; Robin Petschenka


Les références

‘The team is professionally outstanding with regard to insurance and privacy law. The legal knowledge is second to none. The service is fast and straight to the point.’

Achim Schmid is a legend with respect to insurance contract, insurance supervisory and ESG law.’

‘What makes this practice unique is the combination of exceptional legal expertise with a proactive and solution-oriented approach. The team is highly knowledgeable and demonstrates deep understanding of both the legal landscape and the commercial implications of their advice. They anticipate challenges before they arise and offer practical, forward-thinking solutions that are tailored to our needs.’

Principaux clients

Allianz Group


Canada Life Group


Deutsche BetriebsRenten Holding


FM Global


Frankfurter Leben Group


Markel Insurance Group


Munich Re


PG3 Funds


Summitas


VdW Pensionfonds AG


Zürich Group


Principaux dossiers


  • Advised Swiss Life AG in connection with the transfer of its entire German insurance business to the newly established and licensed group company Swiss Life Lebensversicherung SE.
  • Advised Summitas and its shareholders, Bain Capital Insurance and Canada Life, on the acquisition of BVUK Group.
  • Advised the lenders in connection with the €3.5bn acquisition of Viridium Group by a consortium comprising Allianz, BlackRock, T&D Holdings, Hannover RE and Generali Financial Holding from Cinven.

Clyde & Co LLP

At the cutting edge of the insurance legal market, Clyde & Co LLP advises specialist insurers and brokers, reinsurers, and insurtechs on transaction preparation, including portfolio acquisitions, share sales, and EU market entries. With a strong regulatory practice, the firm also acts on the development of internal framework agreements, subsidiary establishment, and on general insurance distribution legal questions. Eva-Maria Barbosa has experience in general corporate law, which she applies to insurer insolvencies and underwriting transactions. Andreas Börner leads on a range of insurance transactions often at a global scale, and Adriaan Louw, promoted to counsel in May 2025, is an emergent name in the regulatory field.

Responsables de la pratique:

Eva-Maria Barbosa


Autres avocats clés:

Andreas Börner; Adriaan Louw; Henning Schaloske


Les références

‘The practice is distinguished by its accessibility, responsiveness, comprehensive feedback, and flexibility. The firm is highly approachable, provides timely responses, and prioritises urgent matters without compromising quality.’

‘Expertise in coverage advice and disputes is excellent.’

‘I truly appreciate the team’s deep expertise, excellent availability, and the collaborative, respectful way they work. The communication is smooth, the advice is always pragmatic, and the people are not only professional but genuinely pleasant to work with.’

Principaux clients

Ecclesia Group


Novis


W&W Group


Zurich


R+V


AXA


Howden


Principaux dossiers


  • Advised Ecclesia Group on its acquisition of Assona from Wefox and its strategic partnership with Specialist Risk Group.
  • Represented Novis in the preliminary ruling proceedings before the European Court of Justice on the interpretation of the Solvency II Directive.
  • Advised Zurich Insurance Group on its $600m acquisition of AIG’s global personal travel business.

Hogan Lovells International LLP

Hogan Lovells International LLP‘s broad insurance advisory practice synthesises expertise in corporate insurance law, tax, and employment law to provide ongoing counsel to insurance funds and groups on operational issues, as well as regulatory advice on high-value mergers and sales of insurance brokers and pension portfolios. Practice head Christoph Küppers is qualified as an accountant, tax advisor, and lawyer, and integrates his experience to lead on insurance group restructurings, tax compliance questions, and product development. Birgit Reese brings M&A experience to corporate insurance matters, and Coco Mercedes Tremurici advises on general regulatory and tax matters.

Responsables de la pratique:

Christoph Küppers


Autres avocats clés:

Birgit Reese; Coco Mercedes Tremurici; Lars Mohnke


Les références

‘Strong client orientation, with a good balance between collaboration and advisory mode. Always up to date and proactive regarding the relevant jurisdiction. Very creative in finding solutions that still fits to the law and solving operational problems.’

‘We rely on their profound legal knowledge, especially in respect to particular insurance topics such as collective bargaining regimes, typical restructuring processes and more.’

‘Working with Lars Mohnke and his team grants in-depth legal analysis, including adjacent or resulting legal topics. They never let us down, with sound advice and creative solution-oriented proposals.’

Principaux clients

AXA


C.V. Starr


Försäkringsaktiebolaget Agria


General Reinsurance


Generali


Hannover Rück


HDI Deutschland


Newline Europe Versicherung


NÜRNBERGER Versicherung


Provinzial


Talanx


Principaux dossiers


  • Advised Hannover Rück in relation to the sale of Cinven’s stake in Viridium Group to a consortium led by Allianz for €3.5bn.
  • Advised HDI on the sale of FVB to Yellow Hive.
  • Advised the Provinzial Group on the merger of Provinzial NordWest Lebensversicherung AG and Provinzial Rheinland Lebensversicherung AG.

Dentons

Dentons’ insurance advisory practice is cross-border and multidisciplinary in scope, bringing corporate, tax, and employment law specialist to insurance law transactions and regulatory cases. The digitalisation of insurance services has also been a recent growth area. With a background in acting for financial institutions on regulatory questions, Kai Goretzky leads the team and advises on insurance contract and European supervisory law questions for large group insurers, insurtechs, and cyber insurers. Other leading individuals include Michael Graf and Andreas Berberich, who advise on tax compliance and risk matters.

Responsables de la pratique:

Kai Goretzky


Autres avocats clés:

Michael Graf; Andreas Berberich


Les références

‘Very responsive. I trust Dentons to look after my best interests.’

‘Andreas Berberich is our go-to advisor in Germany. He is a fantastic advisor who has supported our business since the early days together. We really value him. He is a credit to the business.’

‘What truly makes this practice unique is the team itself. In particular, working with Kai Goretzky is an outstanding experience – he is highly supportive, collaborative, and a real pleasure to work with. Behind him stands a team that is exceptionally precise and specialised, which gives clients confidence that matters are handled with the highest level of professionalism.’

Principaux clients

FC St. Pauli


Deutsche Vermögensberatung


AIG


BARMER Ersatzkasse


Ambridge GmbH & Co KG


Baloise Vie


CherryHUB


COGITANDA


Zero Insurance


Gothaer Finanzholding AG


Nissan Insurance International Ltd.


Prisma Life


Z3 Communication


Principaux dossiers


  • Advised FC St. Pauli on the framework of an innovative financing method and the preparation of a voluntary information document in connection with the establishment of a cooperative, comparable to an FCSP eG and a mutual insurance association.
  • Provided comprehensive legal advice to BARMER Ersatzkasse on the company’s withdrawal from gkv Informatik.

DLA Piper

DLA Piper thrives in the insurance regulatory space, with instructions spanning insurance product launches, internal restructurings, and contribution model design. Recent work has included advising internationals insurtechs on European market entry, and the practice group often directly collaborates with BaFin on such matters. Gunne Bähr is instructed by D&O and professional indemnity insurers, brokers, and holding groups on regulatory questions, with a particular niche in policy wording matters, while Volker Lemmer specialises in intra-group restructuring matters. Christian Freiherr von Buddenbrock  joined the firm from ADVANT Beiten, and brings experience in employment and pensions law to insurance matters.

Autres avocats clés:

Gunne Bähr; Volker Lemmer; Christian Freiherr von Buddenbrock; Christian Schneider


Les références

‘DLA Piper’s insurance advisory team has a vast overview of the insurance industry, a longstanding and good relationship with BaFin and in-depth knowledge of insurance supervisory law.’

‘Strong knowledge in insurance law as well as in corporate insolvency law. Client focused, but also keeping an eye on the best economic solution.’

‘Volker Lemmer is a rising star with full commitment and devotion to his clients, as well as highest academic expertise in insurance supervisory law. Gunne Bähr, long-time partner and renowned specialist in insurance supervisory law, can rely on a wealth of experience and connections in this area of law and the insurance sector.’   

Principaux clients

ELEMENT Insurance AG


Prudential


Principaux dossiers


  • Advised a US insurance group on the intended purchase of shares in the Viridium Group, including the parameters of the share deal and the regulatory implications of shareholder status.
  • Supported a growing technology-driven insurance provider in entering the German and broader European markets for cyber insurance.
  • Advised a pension institution affiliated with a major financial group on the legal aspects of transferring a large pension portfolio to a new provider by 2027.

Hengeler Mueller

Hengeler Mueller‘s work for German and international insurance companies includes ongoing advice on corporate, regulatory and competition law questions, advice in administrative proceedings with the industry regulator, and co-operation with strategic investors in share acquisition and portfolio transfers and sales. Carl-Philipp Eberlein is highly regarded for his work in insurance regulatory law and in asset management, and leads on transactions, internal compliance, and contentious proceedings. The practice is also highly integrated with other practice areas, spanning corporate law, banking and financial regulations, and capital markets law. Other prominent names on insurance matters are tax specialists Markus Ernst and Hartwin Bungert, who handles corporate matters.

Responsables de la pratique:

Carl-Phillip Eberlein


Autres avocats clés:

Markus Ernst; Hartwin Bungert


Taylor Wessing

Taylor Wessing thrives in the areas of insurance distribution and reinsurance contract law, and is regularly instructed on establishing and governing the regulatory aspects of co-operation agreements between major insurers, insurance brokers, and financial institutions. In addition to this, the firm has a growing practice in IT regulatory advice for insurers concerning contracts and compliance, and also leads in a range of portfolio acquisitions and sales. Practice leader Gunbritt Kammerer-Galahn‘s regulatory expertise covers matters concerning reinsurers and run-off D&O, and W&I insurers, and she is assisted by Leonard Raphael on complex regulatory and legal instructions. Rudi Hasenberg brings experience in tax law to insurance transactions.

Responsables de la pratique:

Gunbritt Kammerer-Galahn


Autres avocats clés:

Leonard Raphael; Rudi Hasenberg


Les références

‘Strong team with excellent knowledge of German insurance practices.’

‘Gunbritt Kammerer-Galahn’s support was incredibly valuable during the project, and she was always reachable.’

Principaux clients

ING-DiBa AG


ERGO Group AG


AXA Versicherung AG


AXA Liabilities Managers Paris/Schweiz


Provinzial Versicherung AG


CHUBB European Group SE


Crédit Agricole Assurances SA


Europ Assistance S.A.


Partner Re Europe SE


MSIG Insurance Europe AG


Proxalto Lebensversicherung AG


Kommunaler Schadenausgleich


BEW Berliner Energie und Wärme GmbH


Principaux dossiers


  • Provided regulatory advice on the negotiation of a new insurance distribution cooperation between ING-DiBa and Allianz.

BACH LANGHEID DALLMAYR

Insurance portfolio holders, European insurance groups and financial investors instruct BACH LANGHEID DALLMAYR on matters pertaining to insurance supervision, distribution and contract law, also seeking the firm out for advice on competition, data protection and IT questions. Recent transactional instructions have included advice on market entry, the sale of pension portfolios and the mergers between insurers. Joachim Grote supports restructuring projects and insurance product development alongside advising on corporate matters, and Martin Schaaf is valued by clients in the life insurance sector. Dominik Schäfers was promoted to partner in 2025, and focuses his practice on insurance coverage and liability.

Responsables de la pratique:

Joachim Grote


Autres avocats clés:

Martin Schaaf; Dominik Schäfer


Les références

‘Huge experience in the field of insurance and insurance supervisory law. Broad and fundamental knowledge, including market developments. Always up to date on case law and upcoming legal changes.’

‘Joachim Grote and Martin Schaaf are outstanding in their field of business experience, always approachable and very reliable.’

Principaux clients

AIG


Allianz


Aspen


AXA


BarmeniaGothaer


CNP


ERGO


Generali


HDI


R+V


Clifford Chance

Clifford Chance employs both multidisciplinary expertise and the firm’s global strengths to lead on some of the most prominent insurance transactions on the German market. The practice provides comprehensive advice covering share sales, mergers of equals, and post-transactional disputes for a client roster including health insurers, pension funds, reinsurance investors and lenders in finance. Regulatory capabilities include audits and risk assessment and ESG due diligence. With a broad range of disciplines in the team, leading individuals include corporate law specialist Thomas Krecek, Holger Lutz, who focuses on IT and data regulations, and Thomas Voland an expert in public law and ESG issues.

Responsables de la pratique:

Thomas Krecek


Autres avocats clés:

Holger Lutz; Thomas Voland


Les références

‘The Clifford Chance team stands out for its exceptional work ethic and unwavering deal dedication. Particularly impressive is their ability to interlink key legal topics precisely and to consistently deliver first-class legal solutions for complex matters.’

‘Working with Thomas Krecek is fundamentally different from working with lawyers at other firms. He operates as a first-class strategic advisor – sharp, deal-focused, and always solution-oriented. His relentless commitment to outstanding quality of all transaction deliverables sets him apart.’

Principaux clients

B&C Group


Helvetia Holding


Pensionskasse Deguss VVaG


Admiral Group


Domestic/General


SwissRe


Eurozyto GmbH


MunichRe


Principaux dossiers


  • Advised Helvetia Holding AG on its merger of equals with Baloise Holding AG.
  • Helped Eurozyto GmbH to a key win in proceedings concerning CareSolution, a medical information service supported by more than 40 health insurers.

CMS

With an international scope, CMS advises domestic and foreign insurers and brokers on an array of regulatory concerns covering operational expansion, adoption of German laws and regulations concerning product distribution, and the review of internal regulatory processes and programmes. Recent instructions have included the establishment and operation of online insurance platforms and the expansion of cybersecurity insurers into Germany. Credit insurance advice is a further area in which the practice excels. Winfried Schnepp has experience across all areas of insurance law, with a particular strength concerning D&O liabilities, and Thomas Maur leads on insurance product development and distribution matters.

Responsables de la pratique:

Winfried Schnepp


Autres avocats clés:

Thomas Maur


Les références

‘Large team with experts in all various legal fields.’

‘Thomas Maur is an outstanding attorney with incredible expertise in insurance law and regulatory law. He has guided our company during challenging times and we cannot imagine working with another lawyer but him.’

Principaux clients

Greensill Bank


MunichRe


AXA Partners S.A.S. Zweigniederlassung Deutschland


Albatros Versicherungsdienste GmbH


Delvag Versicherungs-AG


Allianz-Gruppe


Delvag Versicherungs-AG


ZURICH Gruppe Deutschland


Erwin Himmelseher Assekuranz-Vermittlung GmbH & Co. KG


HDI Versicherung AG


HUK-Coburg


Inter Partner Assistance S.A.


Lemonade NV, BV and Inc.


Lombard International Assurance S.A.


MSIG Insurance Europe AG


Octium Life DAC


Porsche AG


Intec AG


Lloyd’s syndicates via Lloyd’s Insurance Company S.A.


Principaux dossiers


  • Advised the insolvent Greensill Bank on matters of credit insurance law and issues regarding D&O insurance coverage.
  • Advised Munich Re as a member of its global panel.

Noerr

Particular areas of focus for Noerr‘s insurance practice include supervisory and distribution law advice, the internal implementation of IT and data protection regulations and the sales of specialist insurance funds and underwriters alongside general advice on insurance M&A. Advising shareholders on developments in insurance regulation is also a strength of the group. Practice leader Thomas Heitzer leverage experience in financial service regulation to advise on general corporate concerns for insurers and reinsurers, as well as to act on risk analysis and internal business compliance matters. Ellen Seib assists on insurance regulations in the context of transactions.

Responsables de la pratique:

Thomas Heitzer


Autres avocats clés:

Ellen Seib; Florian Becker; Michael Brellochs


Les références

‘We appreciated their integrated approach, expressed through teams of valuable professionals, from pure corporate M&A practice, to regulatory, investment funds and competition and tax. They have pragmatic solutions and, with respect to international firms, tailor-made approaches to clients.’

‘Florian Becker and Michael Brellochs have confirmed their high capability to navigate clients in tricky discussions, dealing with complex structures and very sophisticated stakeholders with high agility.’

Principaux clients

Generali


Wefox


Debeka


Principaux dossiers


  • Advised the Generali Group, as part of a consortium, on the acquisition of the Viridium Group.
  • Advised wefox on the sale of its subsidiary, assona GmbH, to the Ecclesia Group.
  • Advised an insurance group on the implementation of a digital health app.

Norton Rose Fulbright

Norton Rose Fulbright‘s insurance practice has both regulatory and transactional capabilities for clients spanning large insurers, specialist brokers, underwriters and intermediaries. Regulatory strengths include advise on corporate re-organisation, investment strategy planning and general advice on insurance distribution and contract law. Transactional counsel covers market entry authorisation and a range of cross-border insurance M&A, insolvencies and liquidations, particularly in life insurance. With a depth of cross-sector experience from across the firm, the practice is headed by Anne Fischer, highly experienced in corporate and regulatory developments in insurance.

Responsables de la pratique:

Anne Fischer


Les références

‘Deep knowledge and understanding of insurance industry.’

‘Anne Fischer has excellent knowledge and is both very proactive and reactive. She is fair and transparent, looking for the best option for her clients.’

‘The Norton Rose insurance team has been instrumental in supporting our pan-European market expansion with deep expertise in regulatory, contractual and compliance matters. What sets them apart is not only their outstanding knowledge of insurance law, but also their ability to apply it pragmatically in fast-moving, high-growth business environments.’

Principaux clients

AIG


Allianz


Ambridge


Barmenia


BalRe Technologies


Cardif


Element Insurance AG


ERGO


Europ Assistance Holding


Euclid


Gen Digital


HanseMerkur


Howden Group


HUK-COBURG


GenDigital Inc.


PIB Group Limited


Markel


Moinsure GmbH


Munich Re


Swiss Life


Viridium


Zurich Gruppe


Principaux dossiers


  • Advised Element Insurance AG in connection with its failure to meet solvency ratios, a notification of over-indebtedness and on provisional insolvency proceedings.
  • Advised PIB Group Limited on the acquisition of contego from its founder, Jan Fries.
  • Provided regulatory advice to Swiss Life AG on licensing requirements in the reinsurance sector in over 40 jurisdictions.

Oppenhoff

Oppenhoff‘s insurance sector expertise spans both transactions in the sector and regulatory challenges across a variety of coverage lines, including warranty and indemnity policies. Practice head Anna-Catharina von Girsewald oversees M&A in the insurance sector, handling deals within Germany and those spanning multiple jurisdictions, and is also able to advise on insurance supervisory law. Providing further transactional expertise is Thomas Wismann, whose practice also spans restructurings, questions of governance and regulatory compliance.

Responsables de la pratique:

Anna-Catharina von Girsewald


Autres avocats clés:

Thomas Wismann


Les références

‘Outstanding industry knowledge. Very well connected in Germany. Great lawyers.’

Principaux clients

AnaCap Financial Partners


Brown & Brown, Inc.


CFC Underwriting


Liberty Global Transaction Solutions


MRH Trowe Holding Gruppe


PKV Private Health Insurance Association e.V.


RiskPoint


Solaris SE


VALE Insurance Partners


Zürich Beteiligungs-Aktiengesellschaft


Principaux dossiers


  • Advising CVC on the bidding process for the planned acquisition of the Viridium Group, alongside Kirkland & Ellis.
  • Provided advice to a global insurance group on the cybersecurity requirements under DORA, and their implementation within the group.

GÖRG Partnerschaft von Rechtsanwälten mbB

GÖRG Partnerschaft von Rechtsanwälten mbB advises insurance joint ventures on company takeovers, the acquisition of industrial and commercial insurance brokers and shares in portfolios. The services of the firm are also consulted by global insurance groups on internal data protection and digitalisation projects. The firm’s leading individuals are experienced in corporate law and M&A matters: Roland Hoffmann-Theinert and Jochen Lehmann are the key contacts here.

Responsables de la pratique:

Jochen Lehmann; Roland Hoffman-Theinert


Principaux clients

HUK-COBURG


Summitas Gruppe GmbH


Principaux dossiers


  • Advised HUK-COBURG on its acquisition of a majority stake in pitstop workshop.
  • Advised the Summitas Group on the acquisition of David Versicherungskontor GmbH & Co. KG.

Luther Rechtsanwaltsgesellschaft mbH

With a background in the capital markets and banking and finance sectors, Luther Rechtsanwaltsgesellschaft mbH covers product development and distribution, asset management and restructuring, contract negotiation, transactional due diligence, and general insurance law advice. Alexander Mönnig assists on transactions, Rolf Kobabe leads on banking law matters, and Marco Arteaga is experienced in pensions and employment law.

Responsables de la pratique:

Alexander Mönnig; Rolf Kobabe


Autres avocats clés:

Marco Artegea


Principaux clients

Assurant


Deutsche Gesellschaft für Cybersicherheit (DGC) AG


HanseMerkur Trust AG


Henkel KG Generalagentur


SV Sparkassenversicherung Holding Aktiengesellschaft


Verwaltungs-Berufsgenossenschaft (VBG) gesetzliche Unfallversicherung


Principaux dossiers


  • Advised Deutsche Gesellschaft für Cybersicherheit (DGC) AG on acquiring Cyberversicherer COGITANDA out of insolvency through an asset deal.
  • Advised HanseMerkur Trust AG on corporate, tax, employment, and regulatory matters related to the restructuring of distribution for German and Luxembourg investment assets through a newly established distribution company for asset management firms within a large insurance group.
  • Advised Henkel KG Generalagentur on the acquisition of 100% of the shares in inviniti AG.