At Shrivastava Law Associates, we advise clients across the insurance sector on regulatory, transactional, and dispute-related matters. Our team works with insurers, intermediaries, financial institutions, and foreign investors, providing comprehensive support within India’s regulatory framework.

We understand that the insurance sector involves layered regulations, evolving policies, and complex contractual arrangements. Accordingly, we focus on delivering clear, commercially aligned advice while ensuring compliance with applicable laws and regulatory requirements.

Our Areas of Focus

• Regulatory Advisory
  Advising on the Insurance Act, 1938, the Insurance Regulatory and Development Authority of India (IRDAI) framework, and allied laws.
• Market Entry & Structuring
  Assisting clients in structuring investments in the insurance sector, including entry strategies and regulatory approvals.
• Joint Ventures & Foreign Investment
  Supporting foreign insurers in identifying joint venture partners, conducting legal due diligence, and negotiating transaction documents.
• Licensing & Approvals
  Assisting in obtaining clearances and approvals from regulatory authorities, including IRDAI.
• Policy Drafting & Documentation
  Drafting and reviewing insurance policies, agreements, and related documentation.
• Claims, Liability & Recovery
  Advising on coverage issues, claims management, broker liability, recovery actions, subrogation, and contribution.
• Dispute Resolution
  Representing clients in disputes arising under insurance contracts, including litigation and regulatory proceedings.
• Compliance & Regulatory Interaction
  Engaging with regulatory authorities on policy matters and ensuring ongoing compliance with evolving regulations.
• Allied Legal Frameworks
  Advising on related laws including the Motor Vehicles Act and Consumer Protection Act in the context of insurance matters.

Why Clients Work With Us

• Extensive experience across the insurance sector value chain
• Strong understanding of regulatory frameworks and compliance requirements
• Experience in advising both domestic and international stakeholders
• Practical and commercially focused legal solutions
• Partner-led engagement with responsive client support

Our Approach

We begin by understanding the client’s role within the insurance ecosystem, along with their business and regulatory objectives. Based on this, we provide tailored advice on structuring, compliance, or dispute resolution.

Our team works closely with clients and regulators where required, ensuring that legal risks are managed effectively while enabling smooth operations and strategic growth within the sector.