Practice Areas


Majmudar & Partners is renowned for its comprehensive expertise in insurance regulatory advisory services.  Our team of experienced attorneys provides strategic guidance and practical solutions to insurance companies, intermediaries, and other stakeholders navigating the complex regulatory landscape.  We offer specialized advice on compliance with insurance laws, regulations, and guidelines, helping clients mitigate legal risks and achieve regulatory compliance.


Setting Up Insurance Joint Ventures

Our firm advises clients on setting up insurance joint ventures, facilitating collaborations between domestic and international partners to establish insurance businesses in India.  We provide end-to-end legal support throughout the joint venture process, from structuring the partnership agreement to obtaining regulatory approvals.  Our team assists clients in navigating regulatory requirements, drafting joint venture agreements, and addressing key legal and commercial considerations to ensure the successful establishment and operation of insurance ventures.


Risk Management and Compliance

We assist insurance companies in identifying, assessing, and mitigating risks to safeguard their operations and enhance their overall resilience.  We conduct comprehensive risk assessments to identify potential vulnerabilities and formulate proactive measures to minimize the likelihood of adverse events and optimize risk-reward trade-offs.  In addition, we provide expert guidance on compliance with regulatory requirements governing the insurance sector, ensuring that our clients adhere to applicable laws, regulations, and guidelines issued by regulatory authorities.


Insurance Regulatory Advisory

Our experienced legal team keeps abreast of regulatory developments and updates, allowing us to provide timely and accurate advice on regulatory matters affecting the insurance industry.  We assist clients in interpreting and understanding regulatory requirements, obtaining necessary approvals and licenses, and structuring transactions in compliance with applicable laws and regulations.  Whether it involves regulatory filings, licensing applications, product approvals, or compliance audits, our team leverages its industry expertise and regulatory acumen to help clients navigate regulatory challenges and seize opportunities for growth.

Recent Transactions in Insurance

  • Ambridge Partners, USA, on matters related to insurance coverage: (i) in respect of a prominent tax case pending before the Supreme Court involving Clifford Chance; (ii) in relation to a matter pending before the Authority of Advance Rulings; and (iii) on a transaction in which it was going to provide tax indemnification and insurance to Summit Partners on a purchase of shares of Calypso Technology, Inc.
  • Liberty Global Transaction Solutions on Indian tax matters on a potential M&A insurance deal that Liberty was looking at in India.  
  • CIGNA International Corporation in respect of the proposed replacement of TTK Group, an Indian conglomerate, by the Manipal Education and Medical Group as the Indian joint venture partner in its Indian joint venture, CignaTTK Health Insurance Company Limited (CignaTTK).
  • Axis Bank on a major investment in Max Life Insurance Company Limited and also on its stake acquisition in the mega merger of HDFC Life and Max Life, which has been one of the largest insurance deals in India.
  • CPP Assistance Services Private Limited on various Indian insurance laws in respect of its card protection services.
  • Mapfre Asistencia on insurance broking laws in India.
  • Globality S.A. on Indian insurance law issues.
  • Netafim Irrigation India Pvt. Ltd. on maintainability of its claim under a Fire and Special Perils Policy and Consequential Loss Policy.
  • CNP Assurances S.A. on its proposed insurance joint venture project with a large Indian company.