Zahariev & Metodiev has frequently worked on registration and licensing procedures of insurance companies and insurance intermediaries.
The Firm’s experience is based on advice and legal assistance to several international and Bulgarian insurance companies.
The Firm halso advised on the first successful project for provision of insurance services by means of distance communications in compliance with the Bulgarian Law on Distance Marketing of Financial Services and the EU Directive 2002/65/EC on Distance Marketing of Consumer Financial Services.
In June 2013, Zahariev & Metodiev Law Firm has successfully finalized the first procedure for licensing health insurance company as an Insurer according to the requirements of the Act to Amend and Supplement the Health Insurance Act and the Insurance Code.
Zahariev & Metodiev has created legal frameworks, rules and contracts for distribution of insurance products through insurance intermediaries. The firm is also experienced in developing complex bancassurance programs and products.