Insurance and damages

Insurance

The strictly regulated insurance business includes specific legal features, and an attorney dealing with these matters must have experience and special expertise in the insurance field.

Applying an insurance contract, the terms and conditions of insurance and different types of insurance to the causes and consequences of a single incident is often difficult and requires demanding investigation. An attorney familiar with the insurance industry and tort law will help you find the right solution.

Damages

When damage has been caused due to negligence or intentionally, the economic consequences are borne by the party that caused the damage. Personal and property damage and the consequent financial losses are governed by law.

In contractual relationships, liability is based on contractual rules, and the content and limits of liability may also be agreed on.

For companies, the most essential liability risks are related to the agreements they have concluded. The impact of operators in the contract chain on risks must also be taken into account. Many industries have industry-specific general terms and conditions in place. We help minimise contractual risks and negotiate necessary deviations from the general terms and conditions, for example with regard to limitations of liability.

The management of a limited liability company is required to exercise due diligence in all of its operations. Cases where the management is held liable may arise during the operation of the company or when the company goes bankrupt.  It is important to understand the system of the Limited Liability Companies Act when assessing the grounds for liability.