Businesses that supply products and services have to deal with complex laws and regulations. For example, they have to comply with the requirements of the Financial Supervision Act (Wft) and the other regulations laid down by regulatory bodies such as the Authority for the Financial Markets (AFM) and De Nederlandsche Bank N.V. Particularly if a company delivers products and services that can be classified as insurance products, there is considerable confusion as to what obligations must be met. There are also many companies that provide a guarantee: is that in fact a form of insurance or not? But many companies wrestle with other problems as well.

Insurers too are confronted with all kinds of obligations concerning policy conditions due to changing regulations and case law, as well as disputes with policyholders about the cover an insurance policy provides. Another recurring problem is whether exclusions under the terms of the policy conditions apply to a particular insurance claim. In addition, increasing attention is being given to tackling and preventing insurance fraud.

CMS Derks Star Busmann advises and assists you in proceedings on relevant laws and regulations and the consequences they may have for the products and services you provide. We assist domestic and foreign life and nonlife insurance companies as well as other businesses such as transport firms, lease companies, manufacturers and property companies, as well as government authorities. We focus in particular on drafting and amending policy conditions, disputes about cover and cases of loss and fraud.

Our lawyers work closely with specialists working in virtually every country in the world within the international CMS organization. Since we share all our expertise and local experience with each other through this network of lawyers, our practice can provide a solution to the most complex problems, at any branch of your company.