Veena Shankar

Veena Shankar is an Associate at Al Tamimi & Company, based in Dubai International Financial Centre, focusing on Insurance Law. She has over 7 years of experience in the insurance industry, with a diverse background in handling both contentious and non-contentious matters related to insurance.

Her keen interest and expertise lies in transactional, compliance and regulatory advisory services for the insurance sector. Prior to working in a DIFC-based law firm, she worked in a UAE-based insurance broking firm and gained experience as a claims expert, which has helped her gain a deeper understanding of the practical aspects of insurance claims.

Her recent experience includes conducting due diligences for target companies, providing transactional support and participating in drafting and negotiating SPAs; providing complex structuring advice and managing licensing and approvals requirements; providing market entry advice to overseas entities and local startups, including end-to-end support with licensing; advising insurance brokers, Third Party Administrators (TPAs) and insurance companies on compliance requirements, preparing compliance reports and calendars; carrying out multiple policy standardisation exercises as per regulatory requirements for various insurers in the Middle East region; advising regulators and government departments on drafting new laws and amending existing insurance laws, including benchmarking across multiple jurisdictions; advising on trade receivables insurance, validity and enforceability of trade credit policies, wording review and drafting; and assisting Insurtech entities on set-up advice, contractual requirements, regulatory compliance and licensing requirements with various regulators.

Her practice area is insurance, with her sector being transport and logistics. She holds a BLS.LLB from Pravin Gandhi College of Law, Mumbai University (2013). She passed the All India Bar Examination in 2014 and is an Associate of the Insurance Institute of India. She speaks English, Hindi and Tamil.