Owing to our extensive experience in providing legal advice to business, we offer services of the highest quality. Our work is a guarantee to entrepreneurs to allow them to safely develop their business. Our mission is to find solutions, not problems.
The Polish Motor Insurers Bureau (PBUK) has counted over 75,200 motor accidents abroad caused by vehicles with Polish registration in 2018. This is over 200 accidents abroad every day in 2018. The number increased by almost 10,000 accidents (15%) compared to 2017. PBUK estimates that insurance companies paid more than PLN 1.3 billion for the damages caused by insured Poles outside Poland. The majority of these accidents happened in: Germany (51.7% share), France (6.9%), Italy (6.8%) and UK (6.3%). The number of accidents caused by uninsured Polish vehicles increased as well, from 415 cases in 2017 to 493 cases in 2018 (+18.8%), the highest number in the past 8 years. PBUK paid PLN 9 million from its own funds for uninsured cases in 2018, noticeably less than PLN 12 million in 2017 (-26.9%).read more ›
On 27 June 2019 the Report from the Commission to the European Parliament and the Council on the application of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking and pursuit of the business of Insurance and Reinsurance (Solvency II) with regard to group supervision and capital management within a group of insurance or reinsurance undertakings was published. This report assesses the benefit of enhancing group supervision and capital management within a group of insurance or reinsurance undertakings, as required under Article 242(2) of the Solvency II Directive.read more ›
Amendment to the Act on Foreigners came into force on April 27, 2019. The primary purpose of this amendment is the introduction of new solutions regarding the entry and stay of foreigners in Poland. More specifically, the Act aims to implement into Polish law the Directive (EU) 2016/801 on the conditions of entry and residence of third-country nationals for the purposes of research, studies, training, voluntary service, pupil exchange schemes or educational projects and au pairing. It also provides for solutions aimed at eliminating the so-called “stay tourism”.read more ›
The Polish Financial Supervision Authority (KNF) will be entitled to punish foreign insurance companies or foreign reinsurance companies that carry out activities in the territory of the Poland through branches or under the freedom to provide services.read more ›