We devote ourselves to all legal issues. We are the central legal department of Hannover Re and consist of three teams. In the Corporate Matters team we deal with overall legal questions of Hannover Re in the areas of corporate law, capital market and financial law or IT law. In the Claims & Reinsurance teams we deal with all legal questions which arise directly in connection with our operative reinsurance business. We in the Compliance team ensure that Hannover Re and its employees act legally and ethically.
In total, about 45 legal experts with varying focal points work for us. We act worldwide.
What do we do exactly?
Depending on the department to which we belong, we deal with different areas of law. In doing so, we are both operationally case-related and conceptually active: We draft and review contracts and advise our internal clients, from clerks to board members, on specific legal issues. At the same time, we devote ourselves to activities such as developing guidelines and drafting model contracts. In internal training courses, we sensitise colleagues from other departments to legal issues in the underwriting process, compliance and data protection.
A special feature is the Sanction Screening 1st Level team within Compliance, which takes over the so-called watchlist screening. With the help of software and careful research, we ensure that we do not violate national or international financial sanctions or embargoes when concluding reinsurance contracts or paying claims.
What makes us stand out?
- All of us in the teams Corporate Matters as well as Claims & Reinsirance are fully qualified lawyers or have an equivalent international qualification. We in the Compliance team are both lawyers and economists with compliance, data protection or sanctions expertise.
- We are interested not only in the letter of the law but also in how to implement it and the resulting opportunities in a business context.
- We are very service-oriented and strive to share our specialist knowledge with other colleagues in the company.