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Who Represents Who

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Acuña,Sahurie, Hoetz & Cifuentes changed its name to Acuña, Hoetz & Cifuentes after former name partner Emilio Sahurie exited the firm to re-establish Sahurie & Asociados. The firm’s highly regarded insurance and reinsurance practice acts for domestic and foreign insurance and reinsurance companies, as well as insurance and reinsurance brokers. Representative work includes preparing policies, insurance and reinsurance contracts, and legal reports; the team also assists with regulatory matters, adjustment procedures, coverage analysis, litigation and arbitration, and it represents insurers in subrogation actions. Alejandro Acuña, Felipe Hoetz and Luis Cifuentes are recommended.

Carey is highly rated for its advice on incorporation and registration matters, complex dispute resolution and loss adjustment processes; and it has substantial expertise in representing lenders and borrowers in the structuring of their project finance insurance and reinsurance packages. Transactional highlights saw the team advise Fairfax Financial Holdings on the Chilean aspects of its $240m regional acquisition of AIG’s commercial and consumer insurance operations, which involved its businesses in Argentina, Colombia, Chile and Uruguay. The practice also acted for Fennia Mutual Insurance Company in the preparation of a memorandum, which related to statutory labour-accident insurance and employer-liability issues; and advised Aela Generación on the structuring and negotiation of an insurance and reinsurance package, including insurance and reinsurance endorsements for three wind farms. On the contentious side, the team successfully represented international insurance and reinsurance company Travelers Syndicate in the defence and settlement of an insurance loss dispute. Other active clients include Liberty International and Integro Insurance Brokers. Marcos Ríos, Pablo Iacobelli, Diego Peralta and Guillermo Acuña are recommended. Since publication, senior associate Matías Vergara has been promoted to partner.

Estudio Carvallo is highly rated for its experience in preparing insurance policies and reinsurance contracts; the practice is also recommended for its expertise in bids, insurance products and policy coverage. On the contentious side, the practice represents insurers in claims from insured parties, fraud matters and subrogation cases. The team provides Chilean telecoms operator WOM with insurance consultancy services, including bidding, quoting and liability issues; the practice also recently defended Concesionaria Costanera Norte against a flooding liability claim. Other notable clients include Chilena Consolidada Seguros Generales, Consorcio Nacional de Seguros and MAPFRE Seguros Generales. Manuel Carvallo is an insurance law and class action expert.

International legal business firm DAC Beachcroft Chile is a founding member of Legalign Global, which is a closely integrated alliance of four multinational law firms that are focused on the insurance market. The Chile team has extensive experience in advising insurers and reinsurers, with a particular strength in advising on complex, high-value claims, including litigation, arbitration and mediation. Clients praise the practice for ‘reasonable fees that meet clients’ expectations and for its lawyers who understand what clients need’. Andrés Amunátegui, who is ‘available, gives appropriate advice and has insurance industry knowledge’, acts for both the local and the international market in complex claims, loss adjustment issues, recovery actions and defences. Guillermo Amunátegui is experienced in insurance regulatory issues; insurance market matters in the labour and civil courts; and insurance-related corporate and capital markets matters.

Prieto’s client base includes insurance companies, re-insurance companies and insurance brokers. The firm acts in insurance claims and insurance recoveries in relation to risks, such as fire, earthquake and business interruption; and it is also recommended for its negotiation of tailor-made insurance policies and advising in claims adjusting processes. In addition, the practice has extensive experience in dealing with Chile’s insurance market regulator, the Superintendence of Securities and Insurance, with regard to the formation of insurance companies, drafting new policies, compliance, and risk management programmes. The team acts for Assurant Chile Compañía de Seguros Generales on an ongoing basis; and assists Colmena Compañía de Seguros de Vida with compliance matters, insurance product distribution, policy drafting and claims procedures. Team head Jaime Ríos and Patricio Prieto L are recommended, and Alberto González V is a key litigator.

Ríos Tagle Alessandri Romero & Benítez has a highly experienced insurance and reinsurance practice, which advises significant Chilean and international insurance companies, brokers and adjusters. The scope of the team’s work includes regulatory assistance, policy registration, transport insurance, civil liability and general damages insurance, and life insurance. Active clients of the practice include Liberty Penta Seguros, HDI Seguros, ACE Chubb and Mapfre Seguros Generales. Roberto Ríos Ossa and Sebastián Alessandri Balbontín are recommended, along with Alonso García and Stefanie Ramdohr.

Alessandri & Compañía Abogados is well regarded for its advice to insurance companies on regulatory matters, insurance company formations and M&A deals; the practice also assists with underwriting, policy wording and policy registration. In contentious matters, the team is experienced in handling avoidance actions in relation to non-disclosure and misrepresentation and coverage disputes. Felipe Cousiño is highly rated.

Barros & Errázuriz regularly acts for its clients on the incorporation of insurance companies in Chile; the practice also advises shareholders on their interests in local insurance companies; assists foreign reinsurers with Chilean legal matters, including regulatory issues; and acts in claims which involve the adjustment process and insurance sector litigation. The team advised MassMutual International on the sale of its stake in Chilean life insurance company, Compañía de Seguros CorpVida; and acted for Consorcio Internacional de Aseguradoras de Crédito on the incorporation of credit insurance company CESCE Chile Aseguradora. José Tomás Errázuriz and Carlos Ducci are the key contacts.

Cariola Díez Pérez-Cotapos advises large industrial and commercial clients on their claims against insurance companies, particularly regarding construction and mining insurance policies. The team also assists with the review of insurance policies and negotiations with insurers. It provides ongoing advice to Ripley Corp on the insurance requirements in contracts, settlements with insurance companies, and regulatory issues. Maersk Chile is also a client of the firm; Florencio Bernales and Raimundo Moreno are the key contacts.

Molina Ríos Abogados is recommended for insurance-related arbitrations and litigation in relation to civil liability, warranty, and domestic and international credit risk. Other areas of strength include construction, fire and earthquake risk; and the firm has drafted insurance policy models which are used in the domestic market. Carlos Molina is recommended.

Vergara, Fernández, Costa & Claro has experience acting in large insurance disputes and fields lawyers with significant compliance expertise. Recent matters include the team’s advice to Besalco, one of the largest publicly held construction companies, in two major loss arbitration claims. Gloria Claro and Sergio Fernández are highly regarded advisers.

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