insurance

The insurance market in Albania started to operate in the beginning of the 90s with the improvement of the legal environment and the investment of foreign insurance companies in the market. Currently, there are several licensed insurance companies as well as insurance brokerage firms operating in Albania. Regulated by its regulatory body—the Financial Supervision Authority—the insurance sector has undergone continuous developments in the legislative framework designed to align the sector with EU directives in this field. Members of our firm have profound knowledge of the sector. They have been involved in the board and senior managerial level of the companies operating in Albania and abroad. They have participated and assisted in the drafting of the legislation for the industry as well as the preparation of the public companies operating in the sector for privatization.