Major Insurance laws in Bangladesh are The Insurance Act, 2010, The insurance Development & Control Authority Act, 2010 and The Insurance Corporations Act, 1973. Our lawyers have extensive experience litigating and arbitrating on behalf of insurance policyholders in complex, high-stakes disputes. We have the capacity to handle virtually any matter from simple disputes to complex disputes with large exposures. Our practice group combines the talents of top flight commercial litigators with the expertise of experienced coverage counsel.
We have represented large corporate policyholders, as well as smaller insured’s in actions against their insurers in all types of insurance coverage claims and matters, including Most recently, the firm achieved a nine figure settlement after obtaining a verdict finding liability on the part of the insurer for business interruption losses. In many cases, we have obtained favourable resolution for our clients before the commencement of litigation. While we do represent the individuals successfully against the insurance companies of Bangladesh, we strictly maintain our professionalism so that ‘conflict of interest’ does not occur while dealing with the insurance recovery litigations