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Insurance

Because the development of the financial services sector in South East Europe has mostly involved banks and capital markets, the insurance sector has been much slower to develop. The reason for this has historically been largely due to lack of regulation, low rates of demand and limited economic development. However, the ongoing European integration process of several countries in the region has resulted in the introduction of new legislation and has created new challenges in the development process.

Tackling Novel Challenges

The creation of appropriate legal and institutional framework has had a positive impact on the ongoing development of the regional insurance market, which can be measured by the growth in insurance premiums and overall insurance penetration over the last decade. At the same time, changes in the pension and health insurance system have increased awareness of the importance of personal risk management and have positively impacted the development of the sector, along with the entrance of top global and European market participants into the region.


Strategic Advisory Services

Insurance is one of the most complex and regulated sectors within the financial services sector. SELA provides sophisticated specialist support on a daily basis to insurance companies, investment banks and other financial institutions in the sector on both life and non-life insurance products. Our insurance industry experts advise on mergers and acquisitions, tax, dispute resolution, employment and restructuring matters. Our decades of experience ensure that our advice encompasses all of the key areas including regulatory, compliance matters, risk management, licensing, market entry and sales channels and commercial contracts. With regulatory expertise and industry know-how spanning across the region, SELA is ideally placed to provide a truly insightful perspective on the insurance market and its development.

What makes us different?

  • A regional team of qualified experts with industry expertise
  • A proven track record of providing innovative legal advice to key market participants
  • Providing cost-effective legal service and bottom line value

Featured news

Celebrating 15 years of continuity with a new name

Maturity takes time, courage and perseverance guided by sincere dedication, clear goals, and hard work. After 15 years of practice, we at Bojović & Partners proudly announce our new, reinforced structure and brand refreshment now expressed...

Q3- 2018 Market Snippets is Available!

The Q3-2018 edition of Market Snippets is now available online.

Latest Novelties in the Employment Legal Framework of the Republic of Serbia

The National Assembly of the Republic of Serbia on 28 June 2018 adopted the set of amendments to the laws regulating employment of foreigners, secondment of employees abroad and peaceful settlement of labor disputes. On the same day the new...

Bojović & Partners - Growing in Quality and Quantity

Bojović & Partners is proud to announce the promotion of Mario Kijanović and Stefan Golubović to Senior Associate positions.

World Bank has launched in Zagreb ''Doing Business in EU 2018: Croatia, Czech Republic, Portugal and Slovakia''

In cooperation with the Agency for Investments and Competitiveness and the European Commission and Ministry of Economy, Entrepreneurship and Crafts, the World Bank has launched its "Doing Business in EU 2018."

Serbia: Amendments to the Company Law

The main reasons for the adoption of amendments to the Company Law (Official Gazette of Republic of Serbia nos. 36/11, 99/11, 83/14 – other law, 5/15 and 44/18) (the “Law”), which started to apply from 9 June 2018 (except amendments relating...

Regional Legal News Q2-2018

The SELA regional newsletter features an overview of the most important regional legislative developments recently announced in the jurisdictions of SELA coverage. Many of the changes recently implemented impact the regions ability to attract...

CEE Legal Matters Interview with Matej Perpar of Kirm & Perpar

“We are experiencing quite high economic growth in Slovenia,” reports Matej Perpar, Partner at Kirm & Perpar in Slovenia, "which for the time being has boosted foreign investments and resulted in a couple of sizable transactions.”

Vuk Drašković at the 4th IBA Global Entrepreneurship Conference

Partner Vuk Drašković attended the 4th IBA Entrepreneurship Conference: Disruption Meets Tradition, held in Munich 14-15 May 2018.

The Legal 500 Recognizes Apostolska & Partners Among Top Macedonian Law Firms

The Legal 500 awarded top rankings and recommendation to Apostolska & Partners.

Serbia: New Law on Foreigners

The National Assembly of the Republic of Serbia recently adopted the new Law on Foreigners which regulates thoroughly and in detail the conditions for entry, movement, residence and return of foreigners, as well as the competences of the...

Dimitrov, Petrov & Co. Earns Recertification in Meritas, A Global Alliance of Independent Law Firms

For yet another year Dimitrov, Petrov & Co. Law Firm excels and earns recertification in Meritas – a global alliance of independent law firms.

Bojović & Partners maintains its rank as a leading firm in the Legal 500 2018 report

he recently released report for 2018 by one of the most reputable legal guides worldwide – the Legal 500 – reaffirms our ranking among the top law firms on the market.

Dimitrov, Petrov & Co. – A Leader in One of the Most Prestigious Legal Guides Worldwide

One of the most reputable legal guides worldwide – The Legal 500 – launched its 2018 rankings.

SELA is Pleased to Welcome its Newest Member – Hoxha, Memi & Hoxha

SELA has enhanced its value proposition to clients with coverage of Albania. SELA officially welcomed the leading Albanian law firm, Hoxha, Memi & Hoxha (HM&H). into its ranks on 1 April 2018.

Regional Legal News Q1-2018

The SELA regional newsletter features an overview of the most important regional legislative developments recently announced in the jurisdictions of SELA coverage. Many of the changes recently implemented impact the regions ability to attract...

Apostolska & Partners promotes Svetlana Trendova and Ivana Kostovska to partners

Apostolska & Partners is proud to announce the promotion of two of our outstanding senior associates to partners, effective 09th of February 2018. Svetlana Trendova and Ivana Kostovska are the new partners in the firm. They have demonstrated...

Step Ahead in Adopting New Transparency Tax Rules at EU Level

The European Commission welcomes a political agreement of EU Member States on new transparency rules for tax intermediaries – accountants, lawyers, bank and consultants.

European Commission Sent a Formal Notice to Bulgaria to Amend VAT Rules

The European commission has triggered the first step of infringement procedure against Bulgaria by sending formal notice to the Bulgarian authorities regarding the VAT rules for companies trading in fuel and for non-business use of company’s...

Vuk Drašković of Bojović & Partners at the Kopaonik Business Forum 2018

Partner Vuk Drašković attended the 25th jubilee Kopaonik business forum.

New Class Actions Act In Slovenia Brings Some Novelties

At the end of April 2018, a new Class Actions Act will enter into force, systematically regulating class actions, that are already known in Slovenian legal system, however never fully brought to life. 

Zoya Todorova Joined the European Regional Forum of the International Bar Association as a Council Member for Bulgaria

Zoya Todorova, partner and head of the Corporate Law, M&A and Competition Law Practice Groups at Dimitrov, Petrov & Co. Law Firm, recently achieved yet another recognition through an invitation to join the European Regional Forum (ERF) of the...

Žurić i Partneri Ranked Tier 1 by IFLR1000 for Practice Areas Financial & Corporate and Project Development

We are proud to announce that Žurić i Partneri has maintained its Tier 1 ranking in the 2018 IFLR1000 edition for the practice areas Financial & Corporate and Project Development.

SELA is Pleased to Welcome New Member – Dimitrov, Petrov & Co.

Sofia, Bulgaria, 12 September, 2017 – SELA has enhanced its value proposition to clients with coverage of Bulgaria. SELA officially welcomed the leading Bulgarian law firm, Dimitrov, Petrov & Co. into its ranks on 12 September 2017.

Ratko Žurić, the founding partner of Žurić i Partneri, was awarded a special lifetime achievement “Market Maker” award

Ratko Žurić, the founding partner of Žurić i Partneri, was awarded a special lifetime achievement “Market Maker” award. Ratko was identified by his peers as a market leading attorney who had significant personal influence on the development...

The South East Legal Alliance – SELA Joins Nextlaw Global Referral Network

SELA Members Expand their Global Reach

The Buzz in Croatia - Interview with Dusko Zuric of Zuric i Partneri

CEE Legal Matters interviews Duško Žurić of Žurić i Partneri - a member of SELA - South East Legal Alliance

Kirm Perpar Joins Nextlaw Global Referral Network

30 MAY 2017 – KIRM PERPAR today announced it has joined Nextlaw Global Referral Network, enabling it to connect its clients to high quality lawyers around the world. Nextlaw Global Referral Network is the largest legal referral network in...

Vedran Kopilović and Andrej Skljarov join the Žurić i Partneri team of attorneys

It is a pleasure to announce that our colleagues Vedran Kopilović and Andrej Skljarov have joined Žurić and Partneri team of attorneys after being admitted to the Croatian Bar Association.

Žurić i Partneri – the only Croatian law firm to be ranked Tier 1 in six practice areas by Legal 500

Legal 500, the most influential and relevant international legal directory providing worldwide coverage of recommended law firms and attorneys, published the results of its comprehensive research on 12 April 2017.

SELA - the South East Legal Alliance Expands to Slovenia

Kirm Perpar has officially joined SELA covering legal services in Slovenia

See all news!