The Lithuanian Insurers Association has issued guidelines on conclusion of non-life insurance contracts. All insurance companies that are members of the association aim to apply the guidelines in their activities. This self-regulatory document was prepared by the association together with Sorainen experts.
The aim of the guidelines is to keep up with the constant development of the insurance market, methods and forms of concluding contracts and servicing clients, as well as the accelerating pace of life, all of which require modern, innovative technical solutions and a new legal approach.
The Sorainen team consisted of partner Tomas Kontautas with senior associates Agnë Sovaitë and Jurgita Nikita.