23 May 2022
Following a recent amendment of the Law an Insurer may no longer be able to avoid satisfying a Court Judgments concerning third-party motor claim, regardless of whether an Insurance Policy was issued because of material non-disclosure and/or false statements.Read More
20 May 2022
In the Pre – Brexit world European Insurers dealing with UK parties could rely on Regulation (EU) No 1215/2012 setting out the legal framework on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters (Brussels Recast Regulation).Read More
11 October 2021
Directives issued by the European Union are legislative acts which guide the Member States to act in a particular way in order to achieve a uniform result.Read More
08 October 2021
In many legal systems, Motor Third Party Liability Insurance (“MTPL”) is not an optional choice, but, on the contrary obligatory, and its main purpose is to ensure that innocent third parties involved in car accidents have access to adequate compensation.Read More
15 September 2021
The new partners are Andrea Newton, Eleni Neoptolemou and Ioanna Leonidou.Read More
14 June 2021
In our Compensations booklet for 2020 you may find a summary of all rulings issued by Cypriot courts in 2020, in which compensations were awarded for damages resulting from any form of accident.Read More
11 May 2021
A team of lawyers who specialise on insurance law have established a union, under the name of Forum of Insurance Lawyers – FIL.
05 April 2021
Cyberattacks bear risk for shipping companies in terms of contractual liability, third party liability, and regulator violations.Read More
19 March 2021
The much-expected UK whiplash reforms introduce a new procedure for claims concerning soft tissue injuries from Road Traffic Accidents (RTAs).Read More
23 February 2021
Business Interruption COVID-19 Test Case.Read More
14 December 2020
The 2009 Motor Insurance Directive is paramount for materialising the fundamental right of freedom of movement for European citizens across the EU.Read More
24 November 2020
Business Interruption (BI) insurance policies are normally triggered by physical damage/loss.Read More
03 February 2020
IFRS 17 Insurance Contract (International Financial Reporting Standards) is the new accounting standards for insurance contracts. IFRS 17 was introduced on May 2017 by International Accounting Standards Board (IASB) and it is a profound development on setting out a common global accounting standard on measurement, recognition of profit and loss, presentation and disclosure of insurance contracts.Read More
08 July 2019
In the Compensations booklet below, you may find a summary of all rulings issued by the Cypriot courts in 2018, in which compensations were awarded for damages resulting from any form of accident. The purpose of this report is to give an indication of the amount of compensation given for various accident cases.Read More
08 July 2019
In the Compensations booklet below, you may find a summary of all rulings issued by the Cypriot courts in 2018, in which compensations were awarded for damages resulting from any form of accident. The purpose of this report is to give an indication of the amount of compensation given for various accident cases.
24 June 2019
Following an audit carried out in the insurance sector, the Commissioner for Personal Data Protection (the Commissioner) published her findings about the improvements to be made and accomplished before the end of June.Read More
13 May 2019
The proposal, as submitted by the Commission, seeks to amend the Motor Insurance Directive (2009/103/EC) in five specific areas: (i) insolvency of the insurer; (ii) claims history; (iii) risks due to uninsured driving; (iv) minimum amounts of cover; and (v) scope of the Directive.Read More
21 August 2018Read More
31 October 2016Read More
20 February 2013Read More
26 November 2012Read More
30 July 2012Read More
12 April 2021
A recent UK Supreme Court judgment in the FCA test case indicates Covid-19 related extended BI cover claims not requiring physical damage may succeed, whereas US statistics suggest claims under basic BI cover mandating physical damage are likely to fail.
22 September 2020
The efficiency of the regulatory framework of Solvency II is being tested by the crisis caused by the outbreak of the COVID-19 pandemic.Read More
27 March 2020
The outbreak of coronavirus (COVID- 19) has created a new reality, and its impact cannot be foreseen due to its uniqueness and lack of historical data. This evolving situation developed by coronavirus raises concerns about the impact on global economy, markets’ volatility and the consequences on the insurance sector.Read More
18 April 2019
We are proud for being recommended by The Legal 500 in Dispute Resolution, EU and competition and Real estate and Construction.Read More
24 April 2017
Michalis Kyriakides, a partner at Harris Kyriakides LLC, has been identified by “Who’s Who Legal” 2017Read More
27 January 2014
We operate one of the largest insurance and personal injury practices in Cyprus with an unmatched high client satisfaction rate. We represent individuals, major insurance companies as well as private corporations active in the insurance sector. We also represent overseas insurance companies and international corporations that operate in insurance led industries for major jurisdictions and international financial centres.
Our civil trial practice covers a broad range of contentious matters:
motor vehicle accidents, drink driving accidents, boating accidents, aviation accidents, dangerous amusement park accidents, farm accidents, swimming pool accidents, construction accidents and other.
When we act on behalf of defendants, our team always seeks to identify fraudulent and exaggerated claims from an early stage. Moreover, we deliver early stage liability advice and aim to achieve an early cost-effective settlement and engage in constructive communications with claimants in order to achieve an early resolution. If, however, claims are led to a trial, our experienced litigation team provides representation that truly protects the interests of our clients.
If you have suffered an injury as a result of a traffic or workplace accident, medical malpractice, a defective product, nursing home abuse, an animal bite, or if your case relates to any of the aforementioned practices, you should consider getting advice from one of our personal injury lawyers, who specialise in personal injury law. Our legal team can help you claim compensation so that you can use the money claimed towards medical expenses, lost salaries, pain and suffering, temporary or permanent disability and other injury-related expenses. We offer a free initial consultation so that we will be able to tell you if you have a justifiable claim, how likely your case is to succeed and what the value of your claim may be. We have assembled a team of dedicated legal professionals, who can visit you wherever you are and confidently guide you throughout the whole process.
Cyprus Insurance Law
In regard to non contentious matters, we regularly advise and opine on liability and quantum issues subject to the Cyprus law as well as other matters related to Cyprus insurance law. We also deal with matters related to coverage opinions, claims analysis, regulatory compliance and endorsements. In addition to insurance law we provide advice on matters such as risk management and insurance contract disputes.