Finnish Motor Insurers’ Centre – Precedent concerning patient data processing and repeal of administrative fine

Finnish Motor Insurers’ Centre – Precedent concerning patient data processing and repeal of administrative fine

Every organisation should understand how data protection legislation affects its operations and how personal data can be leveraged in business.

We assist our clients extensively in all matters relating to data protection legislation and contractual matters as well as in cross-border data transfers and conduct data audits of current processes. . Our clients benefit from our advice on how to account for data security risks and liabilities in contracts, business transfers, outsourcing, system integrations and subcontractor management.

If your company suffers an incident, we can help you make the legally required notifications to the authorities without delay and plan a strategy to minimise potential consequences and harm.

We offer tailored training, among other things, on what data protection officers, data controllers and processors should know about personal data processing and data breaches as well as what lawyers should know about the GDPR and data protection impact assessments.

Our clients appreciate our technical expertise and business-oriented approach. We have advised government operators as well as private companies.

Our services include

  • Data protection inspections, reports and impact assessments
  • Contractual matters concerning personal data
  • Managing data security risks
  • Handling security incidents
  • Reports to the Office of the Data Protection Ombudsman
  • Assessing the applicability of special legislation in different fields and determining necessary changes
  • Extensive reviews on legislative issues
  • Supervision of interests and strategic advice in legislative projects
  • Providing training and facilitating workshops on data protection

Latest references

We successfully represented a panel of reinsurance companies in an international ad hoc arbitration. The dispute arose out of a reinsurance treaty under the terms of which the reinsurers had reinsured a portfolio of risks underwritten by the cedent. The parties disagreed as to whether the reinsurance provided coverage for a certain loss that had occurred because of the market turmoil caused by the Covid-19 pandemic. The case involved highly complex legal and contractual questions requiring special expertise on reinsurance law and practice. The arbitral tribunal rejected the counterparty’s claims for reinsurance compensation against our clients in full. The amount in dispute was approximately EUR 34 million.
Case published 16.9.2025
We acted as legal advisor to OP Finland Infrastructure LP in connection with the conversion of the fund’s agreed EUR 50 million convertible bond into shares in Lounea Net Oyj in 2023. In connection with the conversion, the fund made a new additional investment of EUR 10 million in Lounea. As a result of the arrangement, OP Suomi Infra became a significant owner of Lounea Net Oyj with a 29% stake. Lounea is a Finnish optical fibre operator whose business consists of telecommunications infrastructure and ICT solutions. OP Finland Infrastructure is a fund investing in Finnish infrastructure. The fund is managed by OP Financial Group.
Case published 29.8.2025
We advised The Mortgage Society of Finland in the update of a EUR 2,5 billion bond programme under which the Mortgage Society of Finland may issue senior preferred and unsecured Tier 2 notes, and covered bonds. The notes under the programme may be listed on the official list of Nasdaq Helsinki Ltd.  The Mortgage Society of Finland is the only nationwide credit institution in Finland that focuses on housing. It provides customers with the full range of home financing services such as granting mortgage and consumer loans for all stages of home owning including purchasing and renovating. The Mortgage Society of Finland carries out this activity in accordance with the Act on Credit Institutions and the Act on Mortgage Societies.
Case published 5.8.2025
We advised Nordea Bank Abp in the EUR 150 million new green financing for Lahti Energia Oy to support investments promoting a clean transition and to refinance existing loans. Lahti Energia Oy’s green loan investments focus on solutions that reduce fossil carbon dioxide emissions and support sustainable development. Planned projects include electric boilers, district heating storage facilities, and investments in the development of energy networks.
Case published 1.7.2025