Insurance and Complementary Social Welfare

The Insurance and Complementary Social Welfare Team offers specialized advice on insurance and complementary social welfare regimes to insurance companies, pension-fund managers and insurance brokers. Our services include, in particular, advice and technical support in the following areas:

• Planning regulations and supervision of insurance activity of Spanish and foreign companies operating under the ‘freedom to provide services’ regime

• Corporate and tax aspects of the products that these finance companies offer the market

• Suitability of financial products for the investment of life-insurance technical provisions and granting of insurance technical provisions

• Direct contact with the supervisory body for insurance and complementary social welfare regimes (General Directorate of Insurance and Pension Funds) to resolve queries arising from regulations on private insurance 

As regards collective and business complementary social welfare regimes, we provide comprehensive legal support to companies with employee pension commitments (pension schemes, collective life insurance agreements, mutual provident societies, and voluntary social provision institutions) and in designing efficient payment schemes.