Firms To Watch: Insurance

Estudio Bunge is growing an increasingly experienced advisory practice that handles operational and regulatory matters in the insurance sector, including the sale, incorporation and acquisition of local insurers; Nicolás Repila , Eduardo Luchia Puig  and younger partner Juan Cornejo  are the key points of contact.

Insurance in Argentina

Allende & Brea

A market leader in the insurance space, Allende & Brea brings together expertise in corporate, regulatory, insurance and reinsurance law, the latter being an area of increasing activity; the team is particularly known for assisting international reinsurance companies expanding into Argentina. Another busy area of work for the practice has been Covid-19 related insurance claims, notably those related to the stagnation of work in the construction sector. Corporate transactions are also a core practice, insurtech being a particular specialism, with the practice group involved in deals across the region, utilizing its position as part of the Insuralex network. The practitioners are complemented for the ‘quality of their written work’, not least team leader Martin Arganaraz Luque, who specialises in claims, corporate and regulatory matters in insurance and reinsurance. He is flanked by key associates María Agustina Diaz and Sebastian Bonina , who are both also active in the insurance and reinsurance segments.

Practice head(s):

Martín Argañaraz Luque


‘Efficient, quick to the strategic decision. Quality of their written work.

Key clients


Assicurazioni Generali


Caja de Seguros


Lloyd’s of London

Munich Re



Korean Re



Swiss Re

Work highlights

  • Assisting Deutsche Rückversicherung Aktiengesellschaft, a German insurer/reinsurer, on its expansion into the Latin American market.
  • Advising Lockton Group on its expansion into the Argentinian market.
  • Assisting CCR RE, a French reinsurer iwith its expansion into the Latin American market; successfully registering the company in Chile and Paraguay and currently advising it on registration to conduct reinsurance business in Argentina and Peru.

Marval O’Farrell Mairal

Held in high regard for its ‘excellent multidisciplinary team that gives constant support to all types of queries’, Marval O’Farrell Mairal is a stand out firm in the sector, with sources noting itsinsurance practice is sophisticated, with highly skilled individuals in the area who know the London insurance market and its nuances’. The practice work across the spectrum of insurance and reinsurance matters, advising insurance and reinsurance clients on general corporate matters. Core strengths for the team include regulatory advice and administrative proceedings, reinsurance claims, M&A, marine and aviation insurance, and product liability matters. The group particularly excels in the defence of collective and class actions against insurance companies, as well as other types of mass litigation in the insurance space. The 13-strong team is led by go-to insurance expert Pablo Cereijido  who can draw on some 25 years’ experience and focuses on complex matters. Senior support comes from fellow partner Elias Bestani  , who has over 20 years’ experience handling claims, coverage disputes and shipping and admiralty cases; and key associate María Victoria Rodríguez Mamberti , who focuses on marine and aviation matters. The group can also call on of counsel Alberto C Cappagli , who has a 40 year trajectory in the sector.

Practice head(s):

Pablo Cereijido


‘The team is oriented to meet the needs of the client and understand the business perfectly. The advice involves both the legal aspects and its economic impact and in the decision making from the business point of view, which makes it different from traditional legal advice. Customer follow-up is very good, as updates on topics that were consulted as those that could affect our business are always communicated in a timely manner.

‘Elias Bestani has been advising our company for a long time. He is a very capable professional, technically very solid, empathetic and above all assumes different roles to address issues, he is not limited to satisfying legal needs but on the contrary helps decision making from various aspects of the business, helping to obtain more information and decision tools.

‘The Firm has a solid technical response capacity, it is involved in the reality of the client’s business, allowing very satisfactory results.

‘The Partner Pablo Cereijido as well as the associates, among whom is Matias Acrogliano, are accessible lawyers and always aware of the needs of the client, which, added to their excellent technical training they have, constitutes a great tranquility for those who hire them.

‘An excellent multidisciplinary team that gives constant support to all types of queries.

‘Pablo Cereijido is the No1 on the market. No one knows more than he does about insurance and reinsurance.

‘Best lawyers in Argentina in my opinion – detailed, commercial and responsive, know the law.

‘The insurance practice is sophisticated, with highly skilled individuals in the area who know the London insurance market and its nuances, as well as how to handle that market in the context of complex aviation insurance matters in Argentina.

‘Elias Bestani in particular is highly knowledgeable in aviation insurance, and has provided legally sound and commercial advice in a particularly complex aviation insurance coverage matter. In addition, he is highly responsive, efficient and collaborates well with our London team.

‘Marval O’Farrell Mairal provide a consistently excellent service. They are strong technically, easy to work with, provide high-quality work product and clear, relevant and responsive advice. They have a comprehensive understanding of the local market and issues.

Key clients

XL Catlin

Allianz (UK)

The Zurich Group (including its JV with Banco Santander)


Marsh – Guy Carpenter & Company

Sura – Aseguradora de Créditos y Garantías

Assurant Argentina Compañía de Seguros – Virginia Surety


IRB Brasil Re


Generali UK

Hanseatica Compañía de Seguros

BNP Cardif

Peugeot Citroën insurer and insurance broking companies

Universal Assistance

Work highlights

  • Assisting Zurich Group and Mapfre in defending collective claims brought by consumer associations seeking reimbursement of premiums accrued during the Covid-19 outbreak.
  • Advising international reinsurer XL Catlin on a high-profile insurance and reinsurance claim concerning the collision of two helicopters during the filming of a French TV show that caused the death of all 10 Argentine and foreign citizens onboard the aircraft and the total loss of both helicopters.
  • Representing international reinsurer Royal & Sun Alliance in a complex judicial coverage dispute brought against it by Sancor (insurer) and Punto Sur (Sancor’s local reinsurer).

Beccar Varela

Beccar Varela provides ‘pragmatism and humility along with years of experience and knowledge of the market that make the insurance team an excellent choice’. The firm’s insurance and reinsurance team advises key sector players and brokers on general, annuity, life, and policies linked to financial loans and services. The practice is experienced in the formation and sale of insurance companies, the transfer and sale of customer portfolios, corporate issues, regulatory matters and litigation in the area, including class actions. Insurance specialist Daniel Seoane has ‘experience as a lawyer in house, which adds an extra plus to his advice’. He leads a team that includes senior associate Agustín Luis Duarte, who focuses on insurance and reinsurance law, and advises clients on regulatory, corporate and litigation matters.

Practice head(s):

Daniel Seoane


‘Beccar’s insurance team is robust. It has experience in class actions, and also in general counsel; which highlights them in that regard.

‘Daniel Seoane, has experience as a lawyer in house company, which adds an extra plus to his advice. He is available, and willing to collaborate on the issues that are raised. Agustin Duarte, has experience in litigation, and contractual. It is a clear point of contact with the firm.

‘Excellent care and solid professionals.

‘Pragmatism and humility along with years of experience and knowledge of the market that make the Insurance team an excellent choice for obtaining the advice that is really useful for an in-house lawyer.

Key clients

Grupo Sura (Seguros Sura, Aseguradora de Créditos y Garantías)

Zurich Seguros

Allianz Argentina

Galicia Seguros

Supervielle Group / Supervielle Seguros

Toyota Compañía Financiera Argentina

Volkswagen Brokers Argentina (Asesores de Seguros) / Volkswagen Credit Compañía Financiera / Volkswagen Financial Services Holding Argentina


Royal & Sun Alliance Insurance

San Cristóbal Seguros / Iunigo Seguros

Work highlights

  • Advising Seguros Sura (Suramericana) on a new collective action related to a claim of reimbursement of premiums due to Covid-19 pandemic restrictions.
  • Advising and representing Zurich Seguros on complex D&O and E&O claims.
  • Represent Allianz Seguros Argentina  in a collective action related to the reimbursement of premiums due to Covid-19 pandemic.

Lopez Saavedra & Villarroel

Active in the domestic and international insurance and reinsurance markets, Lopez Saavedra & Villarroel focuses on advice to industry clients and provides experience in non-contentious and contentious matters, covering the spectrum of claims, mediation, and court and arbitration proceedings. The team’s work ranges from general corporate matters, representation before relevant national agencies and regulatory advice, to malpractice, product liability and out-of-court third party claims. Diego López Saavedra is a seasoned insurance and reinsurance law practitioner who has particular strength in maritime and aeronautic law, and contractual and extracontractual disputes. He co-leads the team with Mariano López Saavedra, who is also a specialist in the insurance and reinsurance markets, particularly related disputes; and Ignacio Villarroel, whose insurance expertise also includes maritime and aeronautical law.

Practice head(s):

Diego López Saavedra; Mariano Lopez Saavedra; Ignacio Villarroel

Key clients

QBE Re Lloyds Syndicate

Zurich Aseguradora Argentina

Allianz (Argentina)

Chubb Argentina De Seguros

Star Reinsurance Companies (Miami)

La Meridional (Argentina)

Reunion Re

Sancor Cooperativa de Seguros

Hannover Re

AIG Europe

Work highlights

  • Advised the reinsurance panel -composed of Starr, Chubb and Zurich- on a loss that occurred at the Guillermo Brown Thermoelectric Plant, located in Bahía Blanca, when an electric transformer failed and had to be replaced.
  • Appointed by the cedent and the reinsurer to manage a loss that occurred after an explosion (in 2019) at a building in which Telefonica carried out its commercial activity.
  • Appointed to handle a claim for Chubb that occurred on April 16, 2016 in a complex of buildings located in the City of Buenos Aires, during an electronic festival where three people died and dozens had to be hospitalised.


Specialising in corporate advice to insurance and reinsurance clients, Bomchil's practice also handles a range of related issues for underwriters, brokers and insured parties. The team’s experience includes litigation, unfair competition clauses and general corporate, regulatory and commercial advice to insurance and reinsurance companies and brokers. Corporate and M&A partner Máximo José Bomchil co-leads the team with counsel Néstor Belgrano, who advises on the structuring of new products, presentations to relevant regulatory agencies, litigation and joint ventures for insurance companies.

Practice head(s):

Néstor Belgrano; Máximo José Bomchil

Key clients

Caixa Seguros (Brazil)

CNP Assurances Group


Latinbroker International

April International

DirecTv Argentina

Work highlights

  • Advised CNP Argentina on regulatory matters and its relation with its minority shareholders.
  • Advised April International regarding a distribution agreement in Argentina.
  • Advised DirecTv Argentina on regulatory matters associated with its products.

Bulló Abogados

Bulló Abogados specialises in representing major insurance and reinsurance companies across the spectrum of contentious matters, covering high-volume claims management, complex class actions and arbitration. Carlos Alberto Estebenet leads the team and focuses on insurance litigation. Other key names include Javier Augusto Santiere and Daniel Bautista Guffanti.

Practice head(s):

Carlos Alberto Estebenet

Nicholson y Cano Abogados

Nicholson y Cano Abogados’ comprehensive insurance practice covers corporate and regulatory issues, product approvals, reinsurance agreements and contracts with brokers and other distributors, as well as pre-litigation, mediation and litigation. The firm separates the department into two core areas: regulatory, corporate and contractual work on the one hand, and  the management of large claims portfolios on the other. Particular areas of expertise include the development of life and annuities insurance products, the handling of workers' compensation insurance portfolios, and the bancassurance legal framework. Corporate and insurance law specialist María Fraguas co-leads the team with Juan Carlos Etchebehere, who focuses on labour-related insurance matters.

Practice head(s):

Maria Fraguas; Juan Carlos Etchebehere

Pérez Alati, Grondona, Benites & Arntsen

Full service firm Pérez Alati, Grondona, Benites & Arntsen is experienced at advising insurance companies on M&A transactions in Argentina, as well as defending insurance industry players in class actions brought by consumer protection associations. The practice also assists clients from other sectors in insurance-related work, including retail and energy companies. Mariano Grondona  spearheads the team and handles counselling, transactions and litigation in the area. He is supported by senior associate Lucila Guerrero, who focuses on aeronautical and insurance matters.

Practice head(s):

Mariano Grondona

Zapiola Guerrico & Asociados

Led by founding partner and litigation specialist Martin Zapiola Guerrico , the insurance practice at Zapiola Guerrico & Asociados focuses on disputes in the area and also has growing expertise in the ‘insurtech’ niche, handling conflicts regarding personal data protection, algorithm bias, discrimination and civil liability. The team acts across the country and at all judicial levels, including the National Supreme Court. Key support comes from senior associate and litigator, Gonzalo Giussani .

Practice head(s):

Martín Zapiola Guerrico

Key clients

La Meridional

Zurich Argentina

Zurich International Life (Argentina)

Asociart ART

Nación Seguros


Work highlights

  • Represented insurance company La Meridional in an extraordinary appeal to the National Supreme Court, against a final ruling from the the Appeals Court in Civil Matters that declared that a policy limit is null and void and thus cannot be opposed to the claimants in a civil liability claim against an educational institution.