Experience
Prior to practising law in large law firms, she was a Deputy Director of the Department for Banking Systems and Financial Institutions. Later she became a Director of the Insurance Department at the Ministry of Finance where she was responsible for all the supervisory aspects of the insurance sector, granting permits to insurance companies and drafting related legislation, as well as the supervision and privatisation of insurers. Before joining DWF she was a Managing Partner and Head of Financial Institutions Group in an international law firm for 25 years. Beata was one of the drafters of the Insurance Activity Act and was a Polish representative on the Committee for Insurance Affairs at the OECD and the European Union.
Beata is one of the most widely recognized lawyers in Poland in the field of insurance sector. Continuously since 2008, she is awarded the 'Leading Insurance Lawyer' title by the Rzeczpospolita daily within the Ranking of Law Firms. In December 2018 Beata has been awarded the title 'Prawnik 30-lecia' to honor her outstanding contribution to the development of the Polish legal services market. She was also awarded the Knight's Cross of Rebirth of Poland (Polonia Restituta) by President of the Republic of Poland.
Sources agree that she is 'exceptionally knowledgeable' (Legal500), 'commanding figure in the market' (Chambers Europe), highlighting Beata's 'creativity and innovative approach' and strong client care skills (Chambers Europe).
Beata has advised and supervised the most complex and the largest business projects and transactions in Poland in the insurance, banking and finance as well as financial institutions industry sectors.
Memberships
- Attorney-at-law, The Warsaw Bar Association
Testimonials
The Legal500 EMEA 2024 – Commercial, corporate and M&A
- "Very professional and pragmatic. Very dedicated to the subject matter."
- "High professionalism, high expertise and always prudent."
- "Outstanding command of all legal and fiscal technical parameters of the transaction."
The Legal500 EMEA 2024 – Insurance – Leading Partner
- "Beata Balas-Noszczyk has exceptional knowledge of the financial market and especially the insurance sector; ability to assess matters in a very broad perspective and propose a variety of business solutions. Very transparent communication."
- "Excellent knowledge of the insurance and banking sector, high ability to translate legal and regulatory requirements into business efficient solutions combined with transparent and clear communication."
- "Very good business understanding, very solution oriented and always understand what the client is looking for."
Chambers and Partners Europe 2024 – Banking & Finance: Insurance – Band 1
Chambers and Partners Europe 2024 – FinTech Legal – Band 3
- "Beata Balas-Noszczyk has vast experience and excellent knowledge of the industry."
- "Beata Balas-Noszczyk has huge experience in the sector and a very good feeling of business needs."