Our team has the experience to service all of the corporate, regulation, licensing and compliance needs of the insurance sector.
Hall & Wilcox is one of the few firms that has the expertise to deal with all of the commercial, regulatory and compliance issues that affect insurers, reinsurers, intermediaries and distribution partners on a day-to-day basis.
We regularly assist clients to:
- Apply for APRA insurance authorisation/registrations and to apply or vary their Australian financial services licences;
- Comply with all of the regulatory and prudential compliance obligations affecting the sale and distribution of insurance products and the business operations of regulated and licensed entities;
- Negotiate distribution arrangements and all aspects of channel management;
- Place and manage reinsurance arrangements;
- Buy, sell, consolidate and establish insurance and financial services businesses, such as through a share sale, asset sale, joint venture or scheme transfer under Part III, Div 3A of the Insurance Act 1973 (Cth) and Part 9 of the Life Insurance Act 1995 (Cth);
- Design and amend new product offerings (including Warranty and Indemnity (W&I) insurance) for all classes of insurance in the life and general insurance sectors; and
- Deal with the conduct and prudential regulators, ASIC and APRA, and Treasury in relation to FSSA, IATA and FIRB applications.
We also advise corporate and financial sector clients on the insurance issues that arise from their day-to-day business operations.
Awards and recognition
Insurance| 08 Dec 2023
In this edition, we outline the first tranche of draft legislation which responds to several recommendations of the Quality of Advice review, insights from ASIC’s Annual Forum, ASIC’s 2024 enforcement priorities and more.
Insurance| 07 Dec 2023
In our latest update for self-insurers, we examine two recent Victorian Court of Appeal decisions around the assessment of impairment and highlight the implications for self-insurers.
Insurance| 04 Dec 2023
We consider the recent decision of Pinnacle Living Pty Limited & Anor v QBE Insurance (Australia) Limited and its implications for insurers.
Insurance| 27 Nov 2023
The NSW Supreme Court has confirmed that handwritten notes used by an expert when providing a preliminary verbal opinion to solicitors may not be protected by legal professional privilege.