The payment of insurance indemnity from insurance companies may encounter major difficulties, due to a lack of understanding of the risks covered by the insurance, as well as because of the many frauds that an insured person may undertake, in order to receive the highest amount of money for the insurance indemnity.

Our law office helps with mediation and dispute resolution between insurers and insurance companies, to reach a satisfying agreement on the level of payment of insurance indemnity, as well as to facilitate all other procedures conducted by the National Bank of Serbia on the basis of complaints from the insured.

Stojković Attorneys also have experience in representing insurance companies, in litigation and criminal proceedings and may assist you to complete court proceedings as promptly as possible.

Regulation of Insurance Industry in Serbia

The Ministry of Finance and the Insurance Supervisory Agency are in charge of the insurance business in Serbia (ISA). The ISA is in charge of overseeing and regulating the insurance industry. This includes approving insurance products, giving insurance companies licenses, and keeping an eye on how stable and solvent they are financially.

The Insurance Law in Serbia sets the rules for the insurance industry, including how insurance companies are set up and run, how insurance brokers are supervised, and how policyholders are protected. The Insurance Law also says what kinds of insurance products can be sold, how insurance premiums are set, and how claims are paid.

Other laws and rules, like the Law on Consumer Protection, the Law on Personal Data Protection, and the Law on Anti-Money Laundering and the Prevention of Terrorist Financing, also apply to the insurance industry.

Overall, Serbia’s regulatory framework is made to keep the insurance industry stable and safe, protect policyholders, and encourage competition and new ideas in the insurance sector.

How Can We Help You

Our insurance lawyers can help you in a variety of ways, depending on the specific circumstances and legal issues involved. Here are a few examples:

  1. Advising clients on insurance coverage: Insurance lawyers can review insurance policies to determine whether they provide coverage for a particular claim or incident. They can also advise clients on their rights and obligations under their insurance policies.
  2. Negotiating with insurance companies: If an insurance claim has been denied or a settlement offer is inadequate, insurance lawyers can negotiate with the insurance company on behalf of the policyholder to try to reach a more favorable resolution.
  3. Litigating insurance disputes: When insurance disputes cannot be resolved through negotiation, insurance lawyers can file lawsuits on behalf of policyholders and represent them in court.
  4. Defending insurance companies: Insurance lawyers also represent insurance companies in various legal matters, such as defending them against claims of bad faith or other alleged wrongful conduct.

Overall, our insurance lawyers can provide legal guidance and advocacy to help clients navigate complex insurance-related issues and disputes.

Za više informacija o ovoj ili bilo kojoj drugoj pravnoj, poreskoj ili poslovnoj temi, slobodno nam pišite na [email protected] u bilo koje vreme ili nam se javite na broj telefona +381113281914 svakog radnog dana od 08:30 do 16:30.

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