Shailaja Lall is a Partner at Shardul Amarchand Mangaldas & Co and heads the Insurance & Reinsurance practice of the firm. She has worked extensively in the field of insurance law for over 20 years.
Shailaja’s experience includes advising insurers, reinsurers, insurance intermediaries and other financial services entities on a full range of transactional and regulatory matters.
Shailaja regularly advises on key regulatory developments impacting the sector. Clients endorse her for her comprehensive and nuanced knowledge of all aspects of the practice, including share and business acquisitions, joint ventures, setting up reinsurance entities and branches, reinsurance arrangements, bancassurance and distribution arrangements, MISP and POS arrangements, group re-organisations and her in-depth understanding of the IRDAI’s registration and licensing requirements. She is also considered as an expert who advises in relation to investment structures, registration/ licensing requirements and applicable regulatory compliances in the insurance sector.
Shailaja was the Vice Chair of the Lex Mundi Insurance & Reinsurance Practice Group (2012-16) and a member of the Federation of Indian Chambers of Commerce and Industry’s (FICCI) Insurance and Pensions Committee (2014-15).
The Legal 500 quotes “As a practice head Shailaja Lall is a key name to note for non-contentious matters”. Chambers and Partners states, “Shailaja Lall both heads the team and takes the leading role in most of its key mandates, enjoying market recognition as a “very bright” practitioner who is equally at home in both the transactional and regulatory spheres. A client reports that she valuably combines “a fantastic understanding of the sector” with “a very good understanding of our structure” and “a very clear approach.” Legal 500 describes her simply as ‘outstanding’, whereas Chambers & Partners has quoted her clients as saying “She understands time pressures and the intensities. There were many break points and she made sure that we got the advice and that the negotiations didn’t break down”, and “”knowledgeable, with strong research skills”.
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- One97 Communications Limited and Vijay Shekhar Sharma on the acquisition of 100% of the share capital of Raheja QBE General Insurance Company Limited through their associate entity, PayTM InsureTech Private Limited.
- Vidal Health Insurance TPA Private Limited on the proposed acquisition of Vipul Medcorp Insurance TPA Private Limited and Vidal Healthcare Services Private Limited on the acquisition of Vipul Medcare Private Limited.
- Apollo Hospitals Group in its exit from Apollo Munich Health Insurance Company Limited, by selling its entire stake to Housing Development Finance Corporation Limited.
- AIG Inc. on the sale of its shares in its Indian subsidiary AIG Analytics & Services Private Limited to Accenture.
- The Indian subsidiary of an American multinational finance and insurance corporation on the purchase of a business undertaking established in a Special Economic Zone from the Indian subsidiary of a global professional services firm headquartered in the US.
- Prudential International Insurance Holdings Limited in relation to increasing its stake to 49% in Pramerica Life Insurance Limited
- Mitsui Sumitomo Insurance Company Limited in its acquisition of an additional 14% stake in Cholamandalam MS General Insurance Company Limited.
- Lloyd’s of London on establishment of a branch office in India, along with its service companies MS Amlin and Markel India.
- Swiss Re on establishment of their Indian branch offices.
- MS Amlin (India) Private Limited and MS Amlin Syndicate 2001 on the process and documentation required for the voluntary surrender of the certificate of registration to the IRDAI.
- IndiaFirst in relation to the sale of 26% equity stake in IndiaFirst by Legal & General Middle East Limited, to a special purpose vehicle set up by Warburg Pincus.
- Future Generali India Insurance Company Limited (FGI) in relation to multifaceted dispute involving two other private general insurance companies. The dispute pertains to non-payment of large claim amounts by the said insurance companies to FGI, under co-insurance and reinsurance arrangements entered into between the parties, for implementing the National Crop Insurance Programme.
- Bar Council of Maharashtra & Goa
- B.S.L. LL.B, ILS Law College, Pune