MFCO has extensive experience and understanding of the insurance industry in Pakistan. The Firm advises on the entry strategy of its insurance clients and at every stage of their business in Pakistan, including making investments in Pakistan ventures under Pakistan’s insurance laws. This practice team’s advisory services cover initial public offers, compliance and listing procedure as well as relevant laws, and provide foundations for significant investment into the Pakistan’s insurance sector.
With expertise in life insurance, property insurance, marine insurance and liability, the Firm advises and litigates on all aspects of insurance law including business comprehensive general liability policies, environmental coverage, and directors’ and officers’ liability policies. Members of the Firm have also represented clients before appropriate forums, in Pakistan.
The insurance practice of the Firm mainly focuses on following broad areas:
Construction insurance
Marine insurance
Insurance and Consumer Protection
Regulatory Framework Review
Requirements of meeting Solvency Margins
Foreign Exchange issues
Tax and Stamp Duty implications; and
Product Policies Review.