The ever-changing legal and economic environment for insurers calls for experts with a solid background and comprehensive expertise in the field of insurance law, as well as a solution-oriented approach to the client’s needs.
The insurance practice of Prager Dreifuss can look back on a longstanding tradition and unrivalled expertise in advising and representing insurers and reinsurers in all aspects of insurance law, and fields one of the largest insurance teams in Switzerland. The team is led by Christoph K. Graber who has repeatedly been named as a ‘Thought Leader’ and as Switzerland’s ‘most highly regarded practitioner’ in leading insurance law rankings.
The Prager Dreifuss insurance team consists of four partners (Christoph K. Graber, Hans-Ulrich Brunner, Gion Christian Casanova and Reto M. Jenny) one counsel (Andrea Stäubli) and six associates (Mike Abegg, Lydia P. Buchser, Martin Heisch, Raphael Keller, Raphael Märki and Alain Michael-Gaudy). The team’s members have excellent academic backgrounds, and contribute to legal commentaries and law journals on a regular basis.
Prager Dreifuss has been involved in many high-profile insurance and reinsurance investigations and disputes (litigation and arbitration) in connection with professional indemnity, errors and omissions and directors and officers liability, losses under bankers’ blanket bonds and fidelity bonds, property and construction losses, product liability and air freight loss. The insurance team acts as counsel for large Swiss and foreign insurance and reinsurance companies, including numerous underwriters at Lloyd’s, in contentious and non-contentious matters, be it as counsel for primary insurers or supervising counsel for reinsurers and co-insurers. In addition, members of the insurance team are regularly designated by insurers as defence counsel for policyholders, requested to provide expert opinions or selected as arbitrators in reinsurance disputes.
The insurance practice of Prager Dreifuss also encompasses all types of regulatory matters and the representation of clients vis-à-vis the Swiss Financial Market Supervisory Authority. The team advises both domestic and foreign insurers and reinsurers on regulatory matters, and holds considerable expertise in these areas, namely regarding the licensing of insurance products and business activities, portfolio transfers and cross-border restructurings of insurance undertakings. The team members’ profound understanding of the insurance business allows them to provide creative and pragmatic solutions for their clients’ needs. Recent matters include advice in relation to international private medical insurance, travel insurance and reinsurance activities in Switzerland.
Prager Dreifuss is consistently ranked as an outstanding firm worldwide by leading publications, including Chambers, The Legal 500, IFLR1000 and Who’s Who Legal.