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CMS Budapest Strengthens Insurance Practice with Senior Hire

CMS Budapest Strengthens Insurance Practice with Senior Hire

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Istvan Pozsgay has joined the Insurance practice of CMS as Of Counsel.

Before joining CMS, he was Head of Legal and Data Protection Officer at MetLife Hungary and General Counsel and Compliance Officer at AIG/ALICO Hungary. According to the firm, Pozsgay "brings over 20 years of experience working as a commercial, transactional, and regulatory legal professional in multinational corporate environment at US-based insurance companies in Hungary." 

CMS Managing Partner Gabriella Ormai comments: “Adding Istvan to our team illustrates our mission to have the best sector-experts on board. He has an extremely valuable knowledge and understanding of the insurance sector, which we intend to fully capitalize on.”

“Istvan’s work as a corporate counsel earned him an outstanding reputation on the market and a strong national and international network of key figures in the insurance sector, which will be an invaluable asset to us,” added Zsolt Okanyi, CMS’s Global Head of Dispute Resolution and Head of Dispute Resolution at CMS Budapest.

“As Head of Legal at MetLife, I have been working with CMS for many years before actually joining the company, so I know that I will be part of a competent and professional team," said Pozsgay. "I am positive that my years of experience as a corporate counsel in a heavily regulated sector such as the insurance sector will add a new dimension to the team’s current capabilities.” 

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

Firm's website.

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