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 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| 11 Aug 2022
In our latest update for self-insurers, we look at two possible outcomes for whether an agreement reached at Conciliation is always binding, and much more.
Insurance| 10 Aug 2022
Hall & Wilcox Partner Priya Paquet discusses the key issues impacting on Australia’s insurance industry.
Insurance| 09 Aug 2022
In part one of our three-part series on sanctions risk awareness, we look at the sanctions for certain supply, import and export activities.
Insurance| 05 Aug 2022
In this edition, we consider exposure draft legislation to adjust how faith-based super products are treated under the annual performance test, and much more.