Where insurers enter into commercial arrangements with third party providers for the provision of services and the discharging of outsourced functions, such arrangements ought properly to be reflected in written contracts and underpinned by service level agreements as appropriate. Dillon Eustace has extensive experience in advising its insurance clients in the drafting of tax efficient third party service contracts in compliance with all applicable national and EU requirements.
Examples of service contracts upon which Dillon Eustace regularly provides advice for its insurance clients include investment management agreements, fund administration agreements and global custody agreements.