Insurance
Another banner of prestige held by Velasco & Co. Abogados in the national and international market is related to insurance law as its professionals have extensive experience advising on subjects in this field of law especially as regards transport, civil liability and industrial insurance. They provide services to insurance and re-insurance companies, subscription agencies, insurance brokers, large industrial corporations and consultants.
A- SERVICES PROVIDED TO INSURANCE COMPANIES
1.General civil liability.
2.Product-related civil liability.
3.Professional civil liability.
4.Transport insurance.
5.Travel insurance.
6.Credit insurance.
7.Guarantee insurance.
8.Directorate General for Insurance cases.
9.Outsourcing claims processing.
10.Collections management.
11.Run-off management.
12.Due diligence collaboration.
13.Contract writing and revision.
14.Legal defence against claims filed by insured parties.
15.Insurance-related legal training services.
16.Legal decisions/affidavits.
17.Preliminary administrative claims.
18.Claims against payment defaults.
19.Fiscal representation in Spain for European insurance companies.
20.Cases related to authorisations for Spanish companies under the free movement of services system or as a permanent establishment in any EU country.
21.Cases related to authorisations for European companies to operate in Spain under the free movement of services system or as a permanent establishment.
B- SERVICES PROVIDED TO RE-INSURANCE COMPANIES
1.Collaboration with treaties and contracts as well as audits.
2. Subscription audits.
3.Incident audits.
4.Treaty revision and adaptation.
5.Commutation agreements.
6.Run-off management.
C- SERVICES PROVIDED TO INSURANCE BROKERS
1.The processing and drafting of Directorate General for Insurance cases.
2.Advising related to cases opened by the Directorate General for Insurance.
3.Advising and defence for insurance brokerage customers.
D- SERVICES PROVIDED TO SUBSCRIPTION AGENCIES
1.Constitution and advising related to product configurations.
2.The drafting of files for authorisation from the Directorate General for Insurance.
3.Advising related to the configuration and negotiation of binders.
4.Advising related to product configurations.
5.Contractual consulting.
E- SERVICES PROVIDED TO MAJOR CORPORATIONS
1.Studies and consulting related to the best insurance programme to protect corporate assets.
2.Risk management.
3.In-company training services.
4.Pre-court advising.
5.Advising and defence before the Courts.
F- SERVICES PROVIDED AS CONSULTANTS
1.Advising on incident subscription and management policies.
2.Advising related to the configuration of insurance contracts.
3.Insurance law training services.