Insurance in Argentina

Allende & Brea

The ‘full-service insurance practice’ at Allende & Brea is ‘one of the best in the market’, according to many. The firm houses a comprehensive standalone offering, which is recognised for its strength in corporate, regulatory and contentious issues. On the non-contentious front, the group has an impressive track record in major transactions, while its ‘very good communication with the regulator’ also ensures that it is a popular choice to assist with registration and corporate governance matters. On the litigation front, it is routinely engaged to advise on coverage claims and consumer class actions — it also has strong arbitration experience. The firm’s dominant industry reputation ensures that it enjoys close links with most of the international insurers and reinsurers operating in Argentina, including world-leading names such as AXA, Allianz, Hannover and Lloyd’s of London. Department head Martín Argañaraz is highly regarded for his specialist expertise and sources say, ‘having him on your side is an advantage in any situation’. Dedicated insurance partner Laura Santanatoglia is highlighted as being ‘unparalleled in her regulatory knowledge’.

Practice head(s):

Martín Argañaraz


Without a doubt, the insurance team at Allende & Brea is one of the best in the market. As strong points, I highlight its knowledge of the industry and understanding of the regulator’s perspective.

The team offers a full-service insurance practice, from regulatory through to corporate and litigation (both mass litigation and complex litigation). They are very responsive and among the best in the market.

We value the team’s closeness, availability and flexibility.’

Partner Martín Argañaraz goes beyond insurance and is knowledgeable in corporate and commercial matters; having him on your side is an advantage in any situation. Partner Laura Santanatoglia is unparalleled in her regulatory knowledge.’

They have a team with knowledge of the Argentine insurance market and very good communication with the regulator. They respond very quickly and with very solid knowledge, particularly Laura Santanatoglia.’

Key clients



Assicurazioni Generali


Caja de Seguros

Catlin Re

Chaucer Syndicates


John Hancock Life Insurance Company (USA)

Korean Re

Lloyd’s of London

Munich Re



The Hanover Insurance Group

Mapfre Uruguay


Mobiliare Svizzera Societá D’Assicurazioni

QIC Global Services Limited


Work highlights

  • Advised AON Benfield Argentina on its appointment as a collecting agent for foreign admitted reinsurers operating in Argentina, in accordance with currency regulations.
  • Advised Caja de Seguros (Generali Argentina) on day-to-day matters and in several class actions filed by consumer associations related to group policies.
  • Acted for Metlife Seguros on day-to-day business issues and contentious matters.
  • Represented AXA XL in a large and complex surety-bond coverage claim.

Bulló Abogados

Extraordinary insurance litigation firm’, Bulló Abogados is commended by sources for its ‘great ability to handle both complex and large-scale issues for the insurance industry’. The firm is best known for its representation of major insurance and reinsurance companies on contentious matters, with Mapfre, QBE, Allianz, SURA and Zurich all representative names. From high-volume claims management through to complex class actions, the team is well versed across the full range of disputes, including arbitration. The group also benefits from its ability to draw on the firm’s corporate and administrative law teams for support in non-contentious matters, where it advises on the formation of legal entities, modification of capital and legal structures, and regulatory matters before government agencies. Insurance litigation specialist Carlos Alberto Estebenet heads the department and is a ‘force in the market’, according to sources. Other key contacts include Javier Augusto Santiere, who handles contentious and corporate matters, and Daniel Guffanti, who specialises in insurance litigation.

Practice head(s):

Carlos Alberto Estebenet


It is an extraordinary insurance litigation firm, the best in Argentina.’

They are distinguished by their great ability to handle both complex and large-scale issues for the insurance industry.

They have a more robust and experienced team than others in technical insurance matters.

Carlos Alberto Estebenet’s leadership and his experience and prestige make him a force in the market.’

Key clients

Mapfre Argentina Seguros

QBE Seguros La Buenos Aires

Sura Argentina

Zurich Seguros

Allianz RAS

Berkley International

ACE Seguros

La Caja Seguros

SMG Seguros

Sancor Seguros

Integrity Seguros

La Equitativa del Plata Seguros

La Mercantil Andina Seguros

Chubb Seguros

Liberty Reaseguros

Mapfre RE

Mapfre Global Re

Starr Indemnity & Liability

QBE Compañía de Reaseguros

Zurich Argentina Reaseguros

AXA Assistance Mexico

Swiss Medical Group

Experta ART

Galeno ART

La Segunda ART

Prevencion ART

Travelers Insurance

Reconquista ART

Argentine Association of Insurance Companies

Cesvi Argentina

Argentine Association of Workers’ Compensation Insurance Companies

Work highlights

  • Represented several insurance companies (including Mapfre Argentina, QBE Seguros La Buenos Aires and Allianz Seguros) in a class action filed against them alleging the use of unfair clauses and practices.
  • Advised Aseguradores de Cauciones —Compañía de Seguros on a $46m surety insurance claim, eventually concluded through a settlement.
  • Represented Zurich Argentina in a mediation procedure alleging breach of contract.
  • Represented the Argentine Association of Insurance Companies in discussions with the state supervisory body about the future Argentine insurance and reinsurance legal framework.

Marval O’Farrell Mairal

Marval O’Farrell Mairal’s ‘very professional team’ finds favour for its lawyers’ focus on ‘resolving conflicts in the most efficient, economical and practical way possible’. The enviably well-rounded group touches on all key pillars of insurance law, with strong skill sets across a broad range of insurance classes, including niche areas such as aviation and marine. Litigation is a sweet spot and the team handles insurance and reinsurance claims, product liability cases and collective actions against insurance companies. On the regulatory front, it routinely advises on general compliance matters, the marketing of insurance products and administrative proceedings. The firm’s market-leading corporate department also marks it as a popular choice to assist with M&A and general corporate matters. Department head Pablo Cereijido handles a mix of regulatory, contentious and transactional work and is singled out by sources as ‘the best insurance and reinsurance lawyer in the country’. Elías Bestani, who has an emphasis on contentious work, is also highly regarded for his ‘experience and analytical capacity’. María Victoria Rodríguez Mamberti is a talented semi-senior associate.

Practice head(s):

Pablo Cereijido


Marval’s insurance, reinsurance, maritime and aviation team stands out for its commitment and seriousness in handling the cases that are entrusted to it. Lawyers are always focused on resolving conflicts in the most efficient, economical and practical way possible for the interests of their clients.’

The practice covers all areas; it is the only Argentine firm with this multidisciplinary approach.’

They are a very professional team with excellent customer service.’

It compares very favourably to other firms due to its excellent professionals, who demonstrate strong analytical and decisive capacity.’

Pablo Cereijido is the best insurance and reinsurance lawyer in the country.’

We usually work with Elías Bestani and associate María Victoria Rodríguez Mamberti. In addition to their professional credentials, an outstanding feature of their way of working is that they interact with the client on a permanent basis. Occasionally we also work with Pablo Cereijido, who is another excellent professional.’

Elías Bestani is a real professional, who you can work with in a team very easily. We highlight his experience and analytical capacity.’

Key clients



Marsh – Guy Carpenter & Company


Assurant Argentina Compañía de Seguros

Liberty Mutual Surety

Cardif Seguros


Hanseatica Compañía de Seguros

Mitsui Sumitomo Insurance

Work highlights

  • Represented Aseguradora de Créditos y Garantías in a $16m claim brought by the Argentine government to collect under a performance bond granted under a concession agreement that was subsequently revoked by the government.
  • Acted for Virginia Surety, The Warranty Group and Assurant in collective actions brought by consumers’ associations questioning the way extended guarantees and repair services are structured in Argentina.
  • Represented the reinsurers, RSA & Sun Alliance (London), in a complex coverage dispute arising from the explosion of a grain silo.
  • Advised SCOR on obtaining local approvals of the effects of a transnational merger.

Beccar Varela

According to sources, Beccar Varela’s team demonstrates ‘very strong potential’ due to its ‘excellent technical ability’. The practice is active across a wide scope of insurance lines — including general, annuity, life and surety bonds — and has recently undertaken work for RSA Group and Toyota Compañía Financiera Argentina, among others. On the non-contentious side, the team advises on the formation and sale of insurance companies, portfolio transfers and sales, product approvals and general regulatory matters. It also handles insurance litigation and class actions. Department head Daniel Seoane displays ‘excellent knowledge of insurance law and corporate matters’ and brings to bear strong in-house experience following roles at Royal & Sun Alliance Seguros Argentina and Suramericana. Advisory partner Juan Pablo Chevallier-Boutell is also very experienced. Agustín Duarte is a capable senior associate.

Practice head(s):

Daniel Seoane


The Beccar Varela insurance team has great understanding of the local market and the needs of companies; they do not lose sight of the business.’

This is a team with very strong potential, with excellent technical ability and unmatched client care.

They achieve great synergy with other practices in the firm and they combine interdisciplinary teams, which is very useful for internal lawyers, since our work is advising on all legal issues of the organisation.’

They know the problems that arise in relation to breach of contract in the management of major works, the scope of contracts and the responsibilities of insurance companies. They are professional and prudent in their advice.’

Daniel Seoane stands out for his impeccable client relationships and excellent knowledge of insurance law and corporate matters. Daniel also has the advantage that he knows our business, so he knows how we think and what we want to do in different circumstances, without us having to tell him.’

Daniel Seoane is excellent and demonstrates great responsiveness.

Key clients

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

Zurich Seguros

Allianz Argentina Compañía de Seguros

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

Willis Europe and its subsidiaries Willis Argentina and Willis Corredores de Seguros

Bradesco Seguros and its subsidiary Bradesco Argentina de Seguros

Chubb Seguros

Work highlights

  • Represented Toyota Compañía Financiera Argentina on its registration as broker before the regulator.
  • Advised RSA Group on a portfolio transfer and its approval by the Superintendence of Insurance.
  • Advised an international insurer on a new group of collective actions initiated by consumer’s associations.

Nicholson y Cano Abogados

Nicholson y Cano Abogados’ full-service practice covers the waterfront on insurance matters, with the department split into two distinct units to provide dedicated teams advising on non-contentious and contentious work. On the non-contentious front, the firm represents a raft of insurance companies and banks developing bancassurance business, with strong skill sets in M&A and portfolio transfers, product approvals, reinsurance agreements and other regulatory and transactional matters. The firm’s litigation coverage is equally comprehensive and it manages many large claims portfolios on behalf of leading insurance companies. High-profile insurance specialist María Fraguas steers the non-contentious side of the practice and brings to bear strong expertise in corporate, contractual and regulatory matters. Litigator Juan Carlos Etchebehere and insurance partner Marcela Botta Diego are the key contacts for claims management work.

Key clients


Prudential Seguros


HSBC Seguros

Experta ART

Provincia Seguros

SMG Seguros – SMG ART

Chubb Group

Allianz Argentina

La Caja

Work highlights

  • Advised Prudential Seguros on partnering with Vitality Group to develop and launch in Argentina a wellness programme to be attached to an insurance product.
  • Acted for Zurich on its merger with QBE RE, including assisting with corporate matters and handling its filing with the Superintendency of Insurance.
  • Advised Mercado Libre on the sale of insurance products through its e-platform


Bomchil’s insurance group impresses with its ‘professionalism and dedication’. The team represents a mix of local and multinational underwriters, brokers and insured parties on insurance and reinsurance issues, with strong activity in both corporate and contentious matters. Areas of experience include coverage claims, class actions and M&A. Financial services head Néstor Belgrano spearheads the department and is recommended for transactional matters.

Practice head(s):

Néstor Belgrano


Their professionalism and dedication compares favourably with other firms.’

Néstor Belgrano and Máximo Bomchil have a strategic and commercial perspective of matters, and keep an eye on managing risks.’

Key clients

Caixa Seguros



La Segunda

Latinbroker International


April International

DirecTV Argentina

Work highlights

  • Advised several insurance companies (including CNP Assurance and Caixa Seguros) on day-to-day corporate, investment and insurance matters.
  • Represented France-based April International on a distribution agreement with an Argentine company.

Lopez Saavedra & Villarroel

Insurance-focused boutique Lopez Saavedra & Villarroel has an emphasis on advising insurance and reinsurance clients on regulatory and contentious matters. The group is well versed in handling all types of claims — across all insurance classes — including complex coverage issues related to the maritime and aviation fields. On the regulatory front, it routinely advises on policy wordings and the establishment of local offices for foreign insurers. Founding partner Mariano López Saavedra is recognised for his strong track record in insurance and reinsurance matters.

Practice head(s):

Mariano López Saavedra

Pérez Alati, Grondona, Benites & Arntsen

Pérez Alati, Grondona, Benites & Arntsen’s multidisciplinary practice has robust experience in transactional matters, particularly advising local and foreign insurance companies on M&A, commercial agreements and the establishment of operations. It has also been increasingly active on the contentious side of late, with major global insurers turning to the firm for assistance with class actions brought by consumer protection associations. Additionally, it regularly represents insured companies in claims concerning insured events. Founding partner Mariano Grondona is a key contact and handles both transactional and contentious work. Senior associate Lucila Guerrero specialises in aviation and insurance.

Key clients


Sura Seguros






Argonaut Insurance Company


Zapiola Guerrico & Asociados

Insurance law is a mainstay at Zapiola Guerrico & Asociados and the boutique firm is widely recognised for its specialist contentious practice, which shines in civil liability and workers’ compensation. That said, the team is well versed across the full spread of insurance classes, including life-and-casualty and property insurance. On the non-contentious side, it advises on policy drafting, the incorporation of insurance companies, M&A and portfolio transfers. Founding partner Martin Zapiola Guerrico is recommended for his experience in complex litigation.

Practice head(s):

Martin Zapiola Guerrico