InsurTech

InsurTech companies operate at the intersection of insurance regulation, financial services law, and technology law, a combination that demands specialist counsel on each layer. Whether a venture is building an embedded insurance product, a parametric platform, an AI-driven underwriting engine, or a digital brokerage, the licensing and authorisation question is usually the first gate. In Türkiye, the Sigortacılık Kanunu and SEDDK oversight govern insurers and intermediaries; in the EU, the Insurance Distribution Directive (IDD) and Solvency II framework apply, with national transpositions varying across markets; in the US, each state maintains its own insurance code.

Data is central to InsurTech business models, from telematics and wearable device data to third-party scoring APIs. Processing health, financial, or behavioural data for underwriting purposes triggers obligations under GDPR, KVKK, and, in the US, state consumer privacy laws and sector-specific health data rules. We structure data governance frameworks that let clients use data commercially while meeting their regulatory duties. AI-driven pricing and claims decisions additionally raise algorithmic accountability and EU AI Act obligations that our team addresses from the outset.

We also advise on co-insurance and reinsurance arrangements, white-label distribution partnerships, API and embedded distribution agreements with platforms and banks, regulatory sandbox engagement, and the corporate structuring of cross-border insurance groups where capital and governance requirements interact across jurisdictions.