Insurance

Advising foreign law firms, insurers, and reinsurers on Ukrainian law matters 
We provide legal advice regarding the legal assessment of cases having the signs of an insured event, the investigation of the causes and circumstances of an insured event, looking into whether there are grounds for payment or refusal to pay an insurance indemnity, prospects for insurance disputes, and represent policyholders and insurers in insurance disputes.

Insured events under insurance contracts covering war, terrorism and civil unrest (political and war risks)

We advise international law firms on the political and war risk insurance contracts. After the full-scale Russian invasion of Ukraine on 24 February 2022, such insured events mostly stem from the damage to and/or destruction of insured property, business disruption, inability to export goods due to military operations in the territory of Ukraine.

Our team has advised foreign clients on the following matters:

• seizure by Russian army or loss of control of wind power plants located within the temporarily occupied territory of Ukraine; 
• damage to and or/destruction of stocks of goods of international wholesalers resulting from military operations;
• looting;
• damage and/or destruction of production facilities and commercial property due to military actions; 
• blockage of a global crop trader and processor from exporting grain from Ukrainian sea ports due to hostile actions of the RF army in the Black Sea and the Sea of Azov;
• forcible alienation and withdrawal of insured property by military authorities of Ukraine;
• ban on cross-border payments from Ukraine;
• investigations into insured events involving sanctioned property (yachts);
• loss of aircraft due to inability to operate them because of closing the airspace of Ukraine.

Agricultural insurance
We have a long-standing experience of dealing with agricultural and insurance businesses in Ukraine, so we strongly recommend large and small agricultural holding companies and producers of agricultural chemicals and products to insure their business against financial and political risks and their assets, such as crops, future yields and cattle, against weather hazards, infectious diseases and third party unlawful actions, including, in particular, raider attacks.

Professional liability insurance

We insure our professional liability and our clients’ legal fees. Therefore, our clients may expect that they will be compensated, either in full or in part, for their loss and legal expenses.