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Economic Sanctions and Insurance

Contacts

Crowell & Moring’s international economic sanctions team has developed a unique niche serving as advisors to insurers and reinsurers on compliance with U.S., E.U. and U.K. sanctions legislation. With sanctions experts in Washington, London and Brussels, including lawyers with significant expertise in the insurance, banking and maritime sectors, we are able to provide fast, practical and insightful advice to help our clients navigate the complex multi-jurisdictional global sanctions regimes and to mitigate risk.

With over 20 years of experience advising clients in the insurance and maritime sectors, our team understands the insurance industry and, in particular, understands how sanctions risks may arise and how to mitigate those risks. In London, our partners are recognized as a go-to source for insurers and reinsurers on sanctions matters. In Washington, D.C., our attorneys provide comprehensive and practical guidance covering U.S. sanctions developments that impact not only U.S.-based insurers and reinsurers but also non-U.S. entities that are impacted by U.S. extra-territorial sanctions. These partners in particular, supported by a talented and experienced team of other international trade partners, counsel and associates, provide daily support to many of the world’s largest (re)insurers.

With our in-depth familiarity with the laws in this area, our lawyers provide guidance on what companies cannot do, but -- just as importantly -- what they can do. This enables international businesses to pursue and maintain opportunities that are consistent with their policy objectives, and gives them the confidence to succeed in markets and business that others might avoid while at the same time managing the compliance risk.