Firms To Watch: Insurance

Almeida Santos Advogados is a São Paulo-based boutique with a wide-ranging insurance and reinsurance practice led by José Carlos Van Cleef de Almeida Santos ; insurers and reinsurers use the firm for both contentious and non-contentious mattes.
Kincaid | Mendes Vianna Advogados stands out for its good track record in maritime insurance claims, an area in which Rio de Janeiro-based partner Iwam Jaeger has particularly strong credentials.
Mello Torres has an increasingly active insurance M&A practice, which was bolstered by the arrival of partner Roberto Panucci, formerly an associate at Mattos Filho.

Firms in the Spotlight Insurance

Ernesto Tzirulnik Advocacia

Ernesto Tzirulnik Advocacia logo

Founded in 1984, Ernesto Tzirulnik Advocacia (ETAD) is internationally recognized as one of the most important law firms specializing in insurance and reinsurance law. ETAD advises clients on loss adjustment procedures, legal and regulatory issues; it sponsors complex insurance, reinsurance and brokerage lawsuits; and operates in contractual law cases, civil liability, and corporate conflicts.

View Profile...

Insurance in Brazil

Demarest Advogados

Demarest Advogados has a market-leading and multidisciplinary insurance practice, whose experienced lawyers are praised for their ‘availability and prompt delivery'. The São Paulo-based team offers clients, including major domestic and international insurers and reinsurers, a broad array of non-contentious expertise, covering corporate finance, M&A, partnership and distribution agreements, and regulatory compliance. Insurance disputes and damages claims also feature prominently on the agenda, with department head Marcia Cicarelli regularly representing insurers in multimillion-dollar claims across a range of industries. Other key individuals include Andre Alarcon, who is noted for corporate matters. Recently promoted partner Camila Prado is a lead contact for strategic and claims litigation, while senior associate Laura Pelegrini provides ‘state-of-the-art legal access’. Luciana Prado is no longer at the firm.

Practice head(s):

Marcia Cicarelli


‘Availability and prompt delivery in terms of information are the strongest points.’

‘We had a state-of-the-art legal access through Laura Pelegrini, who has always given us her competence and availability.’

Key clients

Chubb Seguros

AIG Seguros



Swiss Re

XP Vida e Previdência

QBE Insurance

Universal Assistance (Travel Ace)

Cesce Brasil Seguros

Axa Group


Starr International Brasil

Fator Seguradora


Berkley Seguros Brasil

Omint Seguros

Allianz Seguros

Liberty Seguros


CNP Seguros

Seguros Sura

Royal & Sun Alliance Insurance

Cardif do Brasil Vida e Previdência

Howden Broking Group

Generali Brasil Seguros

Quinto Andar Serviços Imobiliários

Europ Assistance Brasil Serviços de Assistência

IRB Brasil Resseguros

Allied World Assurance Company

Renaissance Re

Navigators Re

AO3 Tecnologia

180 Seguros Empreendimentos e Participações

Beazley Group

Vitta Tecnologia em Saúde

Pier Serviços Digitais

Coface do Brasil Seguros de Crédito

Work highlights

  • Advised Brasilprev and UBS BB on insurance, banking and capital markets matters related to the R$550m issuance of the first subordinated debt by a company supervised by the SUSEP.
  • Advised Intact and Tryg on the Brazilian legal aspects of the cash acquisition of RSA Insurance through Regent Bidco, including the corporate and insurance regulatory issues.
  • Advised Cardif Group on the negotiation of an agreement for exclusive distribution of insurance through Banco Neon’s channels.

DR&A Advogados

DR&A Advogados is an 'excellent' insurance boutique stacked with ‘highly qualified professionals specialised in the issues inherent to the insurance and reinsurance market'. The firm’s ‘highly technical' and ‘deep practical knowledge' of Brazil’s insurance market is complemented by the ‘prompt availability' of its lawyers. Strategic and advisory work ranges from business incorporations and M&A through to regulatory matters and compliance. On the disputes side, the firm represents insurers and reinsurers in high-profile and high-value D&O and E&O claims, and disputes linked to surety bonds and judicial guarantees. Name partner Dinir Salvador Rios Da Rocha is a major figure in the market, while Julia Santoro Donato is praised for her ‘strong technical knowledge'. Ricardo Ribeiro Da Luz Loew serves his clients 'with excellence'. Recently promoted partners Marcelo De Oliveira Belluci and Carolina Oger Affonso De Almeida are respectively focused on contentious and non-contentious matters.

Practice head(s):

Dinir Salvador Rios da Rocha


‘Highly technical, highly specialised in the insurance market and with deep practical knowledge.’

‘Julia Santoro – strong technical knowledge.’

‘An excellent firm, with dedicated professionals and qualified to meet our demand.’

‘Ricardo Ribeiro is a professional super dedicated and committed to serve clients with excellence.’

‘The firm is formed of highly qualified professionals specialised in the issues inherent to the insurance and reinsurance market. But what makes it more special is how quickly they serve us.’

‘Dinir Rocha, Julia Santoro, Carolina Oger, Julia Ennes, Olivia Searle: Prompt availability as soon as we need support. They always bring us consistent and objective opinions.’

Key clients

Allianz Seguros

Ezze Seguros

Axa Seguros

Euler Hermes Seguradora

Chubb Seguros Brasil

Starr International Brasil Seguradora

Essor Seguros

Zurich Brasil Companhia de Seguros

Liberty Seguros

AIG Seguros

Swiss Re Corporate Solutions Brasil

Justos Seguros

Atradius Credito y Caucion

Fator Seguradora

Avla Seguros Brasil

Azos Seguros

Work highlights

  • Advised Chilean insurer AVLA on all aspects of the incorporation and registration of its Brazilian branch and related licensing issues.
  • Assisted Markel Group with the regulatory aspects of the sale of its reinsurance operation in Brazil to Austral Re and its approval by SUSEP.
  • Represented Zurich in an action against Banco BVA to nullify a D&O policy with the bank due to the omission of information about Brazil’s Central Bank intervention.

Ernesto Tzirulnik Advocacia

Ernesto Tzirulnik Advocacia is a highly regarded insurance and reinsurance boutique with almost 40 years in the market. The firm is particularly active on the policyholder side, where it advises on a wide range of contentious and non-contentious issues. The bulk of the team, including lead partners Ernesto Tzirulnik and Paulo Luiz De Toledo Piza, is based in São Paulo.

Mattos Filho

Mattos Filho is an ‘excellent firm‘, which ‘stands out for being a reference in the areas of insurance, pensions, capitalisation and reinsurance’. The team has an impressive bench of specialised insurance lawyers, whose ‘breadth of experience, practice and regulatory expertise makes everything look easy’. From high-end M&A transactions through to coverage disputes and regulatory matters before SUSEP, the group covers the gamut of insurance and reinsurance matters. Key partners include the ‘fantasticCamila Leal Calais, who is ‘knowledgeable, agile and always with the quick answer and support required’. Other active non-contentious partners include Marcelo Mansur Haddad (‘an absolute authority in the area of reinsurance’) and Thomaz del Castillo Barroso Kastrup (‘excellent for deals in general, including M&A, trading, partnerships and corporate restructurings‘). Since publication, Cassio Gama Amaral is no longer at the firm.


‘Proactive and close client team that brings innovative solutions.’

‘Cassio Amaral – Pro-activity and innovation in solutions.’

‘The breadth of their experience, practice and regulatory expertise makes everything look easy. Their solid advice and reputation provides a great landing even before drafts are exchanged.’

‘Camila Calais is wonderful, knowledgeable, agile and always with the quick answer and support required. Simply put, fantastic.’

‘The firm stands out for being a reference in the areas of insurance, pensions, capitalisation and reinsurance. The service provided to me is performed directly by the partner, who is always available to support us in the construction of innovative and safe solutions from a legal point of view.’

‘Excellent firm and the best team of insurance lawyers from the entire legal market. They are very experienced lawyers, who know the matter, the market and the regulatory authority. The cost of the office is high, but it is justified by the infrastructure made available to clients.’

‘Thomaz Kastrup is excellent for deals in general, including M&A, trading, partnerships and corporate restructurings. Marcelo Mansur is an absolute authority in the area of reinsurance and Cassio Amaral is a reference in litigation involving the insurance market.’

‘Marcelo Mansur: humility in the insurance market. Irrepressible performance in technical insurance and M&A issues in this industry. Cassio Amaral: recognized performance in relevant insurance claims and litigation cases. He is skilled in developing win-win solutions. He knows deeply the players in the insurance industry. Camila Calais: the professional we request on the regulatory advisory front of insurance. Acts in the development of innovative solutions of the insurance market, having conducted initiatives in the regulatory sandbox and open insurance. Thomaz Kastrup: a professional respected for his performance in the insurance M&A. In-depth knowledge of corporate and regulatory issues.’

Key clients

CNP Assurances

IRB-Brasil Resseguros

Zurich Minas Brasil Seguros

Allianz Seguradora

Chubb Seguros Brasil

B3 – Brasil, bolsa e balcão

Pottencial Seguradora

HDI Seguros

Fairfax Brasil Seguros Corporativos

Prudential do Brasil Seguros de Vida

AXA Seguros

BMG Seguros

XP Gestão de Recursos

Mapfre Seguros Gerais

Constellation Insurance GP

Bradesco Vida e Previdência

Liberty Seguros

Butterfly Chile Spa

BMG Seguros

Work highlights

  • Assisted Chubb Brasil in a wide range of legal issues including registering in Brazil and license renewals, corporate matters, internal controls, and administrative proceedings before SUSEP.
  • Advised XP Gestão de Recursos on transactional and regulatory matters linked to its acquisition, alongside XP Private Equity I Fundo De Investimento em Participações Multiestratégia, of a minority stake in Pottencial.
  • Assisted Willis on the sale of the reinsurance brokerage operations of its Brazilian subsidiary to Gallagher Re Latin America Corretora de Resseguros.

Campos Mello Advogados in cooperation with DLA Piper

Campos Mello Advogados has a prominent position in the market, both for domestic and cross-border insurance and reinsurance issues. The firm assists with the full range of regulatory, corporate, coverage and claims matters. A strong international footprint, courtesy of its cooperation with global firm DLA Piper, ensures a good one-stop service for regional claims. The team has also seen considerable activity on the M&A side, and regularly advises on risk and feasibility reviews and related regulatory compliance issues. The up-and-coming team is led by Marcella Hill, who together with partner Jaqueline Suryan, is praised for being ‘very experienced', while both ‘stand out in the market for their legal knowledge'. Experienced Rio de Janeiro-based of counsel Mariana Cavalcanti Jardim is also noted for her corporate and regulatory expertise.

Practice head(s):

Marcella Hill


‘Marcella Hill and Jaqueline Suryan are young but very experienced and stand out in the market for their legal knowledge and activism in topics such as diversity and LGBT.’

Key clients

AXA XL Group

Arthur J. Gallagher

Swiss Re Corporate Solutions Brasil Seguros

Gallagher Re Latin America Corretora de Resseguros

BMS Group

Chubb Seguros Brasil

Liberty Seguros

Tokio Marine

Pro Insurance Solutions

European Mutual Association for Nuclear Insurance

CNA Insurance

Fidelis Underwriting

Allianz Global Corporate & Specialty Resseguros Brasil

Atradius Reinsurance

Amlin Insurance


Fairway Seguros

Mongeral Aegon Seguros e Previdência

Quest Consulting

Nelogica Sistemas de Software

Starboard Restructuring Partners Consultoria em Negócios

Gemini Energy

MS Amlin

Bundy Refrigeração Brasil Indústria e Comércio

Nordeste Refrigerantes

The Ardonagh Group

Work highlights

  • Assisting as monitoring counsel to TMK (Tokio Marine Kiln Syndicates) on the litigation arising out of a plane crash in Colombia.

Chalfin, Goldberg & Vainboim Advogados

Chalfin, Goldberg & Vainboim Advogados is praised for its ‘highly specialised' insurance group, which offers a broad range of advisory and litigation support to major domestic and international insurers and reinsurers. The ‘young and dynamic team' brings ‘a lot of experience' to the table. Typical mandates range from major strategic litigation through to D&O and infrastructure claims, as well as commercial and regulatory advice on product and business launches. Founding partner Ilan Goldberg has over 20 years of experience in the market, handling both contentious and non-contentious issues. Other key individuals include up-and-coming partner Thiago Junqueira, who is increasingly active on the litigation side. The ‘dedicated' Renato Chalfin is ‘always available' for advisory matters, and litigation lawyer Sabrina Alexandre Dos Santos is highlighted as an ‘extremely dedicated professional'.

Practice head(s):

Ilan Goldberg


‘Highly specialised in the insurance/financial segment. Super updated. Young and dynamic team… but with a lot of experience. They have all areas of knowledge (Corporate, Tax, LGPD, etc.) but with depth and knowledge cross-cutting with the insurance / financial theme.’

‘Renato Chalfin is dedicated and is always available to meet us immediately. His legal knowledge, simplicity and attention make all the differential in the provision of services.’

‘Sabrina Alexandre dos Santos, responsible for litigation, is also an extremely dedicated professional, committed and has a great relationship with the client. Sabrina masterfully coordinates the litigation team, meets all deadlines and always willing to serve us when necessary.’

Key clients

Chubb Seguros


Austral Resseguradora

IRB Brasil Re

Generali Seguros

Austral Seguradora

Clubb Santuu


Argo Brasil Seguros


Newe Seguradora

Bradesco Seguros

Seguradora líder do consórcio do seguro DPVAT


Previsul Seguradora

Alper Corretora de Seguros

Latin Re

Work highlights

  • Representing Chubb in a $4.5m legal dispute involving D&O insurance, in which the policyholder, a well-known food company, has demanded a high amount of indemnifiable losses.
  • Assisting Wellness, a Prudential group company, on the expansion of its Brazilian life insurance business.
  • Provided consultancy services to Austral Re in a $12m strategic litigation, which involved a well-known insurance company and major reinsurers operating in the country.

Mandaliti Advogados

Mandaliti Advogados is especially well known for its expertise in mass litigation and high-volume claims. Key to the team’s success is its ability to ‘combine high technical quality with the necessary agility, speed and partnership with the client'. This is backed by an impressive technology platform that expedites the process of whether cases should be litigated or settled. The firm’s expertise extends beyond contentious matters to include broader strategic advice, including product and operational launches and regulatory issues. Insurers, reinsurers and brokers also use the firm for broader corporate and employment advice. Senior partner Renato Mandaliti and Thiago Campos are praised for being ‘clear, objective and efficient'.

Practice head(s):

Renato Mandaliti


‘Mandaliti can combine high technical quality with the necessary agility, speed and partnership with the client. The labor and civil areas are exceptional in not only understanding the client’s demand, either in advisory or litigation. Currently I understand that it is one of the top offices that combine technical quality with real price.’

‘Renato Mandaliti and Thiago Campos demonstrate extensive knowledge of insurance regulation, as well as necessary updates in jurisprudence and theses. At the same time, they are able to take an interest in the structure and functioning of the client, so that the interaction is always clear, objective and efficient.’

Key clients

BSP Participações

Bradesco Vida e Previdência

Bradesco Saúde

Bradesco Auto RE Companhia de Seguros

Sul América Saúde

Work highlights

  • Representing Bradesco Vida e Previdência in a lawsuit involving a request for maintenance of a collective life insurance policy.
  • Representing Bradesco Saúde in a public civil action filed by the Consumer Defense Institute, rejecting requests for full and unlimited coverage of ABA therapy.
  • Representing Fundo Banespa de Seguridade Social (BANESPREV) in a public civil action promoted by an association of retirees aiming to modify the criterion used to calculate their supplementary pension benefits.

Pellon & Associados Advocacia

Pellon & Associados Advocacia is a popular choice for major insurance and reinsurance disputes. This includes property damage and engineering claims, as well as related advice in the telecoms, aviation and health sectors. Luís Felipe Pellon and Sergio Ruy Barroso De Mello are the two main contacts.

Pinheiro Neto Advogados

Pinheiro Neto Advogados has notable experience advising insurers, reinsurers and major policyholders on strategic, regulatory and commercial issues. Clients praise the team for its ‘high technical knowledge and willingness to work’ and the lawyers’ ‘availability to support client demands’. Its high-level advice to policyholders was demonstrated through its assistance to Pfizer in negotiating critical insurance issues linked to its Covid-19 vaccine rollout in Brazil. The firm also has good credentials for M&A deals, joint ventures, financings, bancassurance structures and product launches. Lead partners include Diogenes Mendes Gonçalves Neto for complex regulatory and contentious issues, and corporate partners Bruno Balduccini, Fernando Mirandez Del Nero Gomes and Carlos Eduardo Gazineu de Azevedo. Senior associate Raíssa Lilavati Barbosa Abbas Campelo is also well regarded.


‘Technical knowledge and availability to support client demands. A multitasking team was created to deliver the requested work.’

‘High technical knowledge and willingness to work, in addition to seeking to understand the demand before starting any work.

‘It is a highly specialized office with tailor made service to your demands.’

‘I’d highlight Diógenes Gonçalves and Gianvito Ardito.’

Key clients

Pier Seguradora

Flix Seguros

Caixa Seguridade Participações

BRB – Banco de Brasília

E-aí Clube Automobilista

Pfizer Export

AIG Seguros do Brasil

Icatu Seguro

Bradesco Seguros

Sompo Seguros

Tokio Marine

Safra Seguros


Porto Seguro

Mapfre Seguros

Federación Interamericana de Empresas de Seguros (FIDES)

Picsel Seguros

Localiza Rent a Car

Work highlights

  • Assisted Pfizer in insurance negotiations related to Covid-19 vaccines supplied to the Brazilian government.
  • Advised several major insurers in the Brazilian market throughout 2021 on discussions related to the mandatory insurance for personal injury of victims of traffic incidents.
  • Provides advice to Pier Seguradora on its membership of the Brazilian Private Insurance Authority’s Sandbox Programme.

Santos Bevilaqua Advogados

Santos Bevilaqua Advogados has a strong practice in insurance and reinsurance matters, regularly assisting domestic and international insurers on related banking, pensions and healthcare matters. João Marcelo Dos Santos and Daniela De Matos Rodrigues are key contacts for advisory matters. Keila Manangão advises on contentious issues, while Marco Antonio Bevilaqua is the main pensions contact. The firm also has several active younger partners coming through the ranks, including Ana Paula Costa, who handles consultancy and litigation matters, and the recently promoted João Marcelo Carvalho, who is qualified as both a lawyer and actuary.

Practice head(s):

João Marcelo dos Santos; Ana Paula Costa; Daniela de Matos Rodrigues; Keila Manangão

Schalch Sociedade de Advogados

Schalch Sociedade de Advogados is a well-regarded boutique offering a mix of litigation, commercial and regulatory advice. The litigation arm handles high-value indemnity claims and corporate disputes on behalf of its insurance and reinsurance clients. Non-contentious work includes the structuring of insurance products, D&O policies and other forms of coverage. On the regulatory front, its lawyers regularly appear before SUSEP. Founding partner Debora Schalch has over 30 years’ market experience and is highly active on the litigation side. Other key partners include Tatiana Algodoal Rosa for advisory matters and João Paulo Balthazar Leite for litigation. ‘High-quality’ associate Daniel Marcus is also noted.

Practice head(s):

Débora Schalch


‘All are very well prepared and well led. Highlight for Debora Schalch and Tatiana Algodoal Rosa who lead the team with excellence. Knowledge of the subject of insurance. Agility in measures and feedback, monitoring and control of processes.’

‘Daniel Marcus – High quality in delivery.’

‘The office has an established standard, regardless of who provides the service, it is unique, if you see the Schalch office. I have complete confidence and tranquility, as I am sure that all my processes are being handled. All are accessible and always ready for what the client needs. It is an excellent office.’

‘It is a distinguished office with great technical knowledge, highly qualified and proactive professionals. Always willing to help the client.’

Key clients

Swiss RE Corporate Solutions Brasil Seguros

Chubb Seguros Brasil

Tokio Marine Seguradora

Berkley International do Brasil Seguros

Sompo Seguros

IRB Brasil Resseguros

Cescebrasil – Seguradora de Garantias e Crédito

Allianz Seguros

Axa XL Seguros

BMG Seguros

Too Seguros

Beazley Group

Munich Re do Brasil Resseguradora

Sul América Cia Nacional de Seguros

Porto Seguro Cia. De Seguros Gerais

Liberty Seguros

Fairways Seguros

Atradius Collections Serviços de Cobrança de Dívidas

Mapfre Seguros Gerais

Fator Seguradora

Argo Seguros Brasil

Bradesco Seguros

Work highlights

  • Representing IRB Brasil Resseguros, the reinsurer, on a suit for damages filed by Trebbore against Allianz, seeking to be indemnified for losses resulting from a warehouse fire.
  • Represented Swiss Re in a lawsuit for the collection of indemnification related to a surety bond that guaranteed the construction of five hydroelectric plants.
  • Represented Alllianz Seguros in claims filed by Conexel (currently Coblisa and Tamita) related to an arson incident in Conexel’s facilities.

Tavares Advogados

Tavares & Chacur de Miranda Advogados is a ‘technically excellent’ insurance boutique with an especially good track record in high-profile and high-value insurance claims. The firm is regularly involved in cross-border disputes, where it represents a mix of insurers, reinsurers and financial services companies. Clients also benefit from a dedicated health insurance litigation group. Beyond the contentious, the firm also advises clients on loss adjustment procedures and risk management. Founding partner André Tavares is a leading industry figure, praised for being ‘excellent in terms of civil and insurance proceedings’. The versatile Daniel Chacur de Miranda also advises on contractual matters.

Practice head(s):

André Tavares; Daniel Chacur de Miranda


‘I find André Tavares’ firm technically excellent when it comes to the direct performance of its partners, especially André Tavares.’

‘André Tavares is excellent in terms of civil and insurance proceedings.’

‘Specialization in subjects, innovation in the reflection of complex issues, assertiveness in solutions and high degree of availability with clients.’

‘I would highlight André Tavares and Fernanda Pantoja.’

‘Daniel Chacur is an excellent professional, with solid training and deep knowledge of the insurance market.’

‘Personalised service and tailored solutions in legal advice.’

Key clients

AXA Xl Catlin

Banco Bradesco

BB Seguros – Companhia De Seguros Aliança Do Brasil

Caixa Seguradora

Chubb Do Brasil Companhia De Seguros

CNSEG – Confederação Nacional Das Seguradoras

IRB-Brasil Re

Munich Re Do Brasil Resseguradora

Porto Seguro

THB Corretora De Resseguro

Work highlights

  • Advising Chubb Seguros Brasil on the loss adjustment of D&O insurance cover for a securities class action filed before a Federal Court in New Jersey.
  • Assisting AXA XL Catlin in litigation related to civil liability insurance cover for losses arising from a blackout in the state of Amapá.
  • Representing Chubb Seguros Brasil in litigation regarding the reimbursement of defence costs related to a securities class action filed before a Federal Court in New York.

CAL – Costa & Albino Advogados in Cooperation with HFW

CAL – Costa & Albino Advogados in Cooperation with HFW has an impressive practice representing insurers, reinsurers and policyholders on contentious and non-contentious matters. The firm is also noted for its international connections, enhanced by an exclusive cooperation with HFW, through which partner and foreign law consultant Geoffrey Conlin retains an on-the-ground presence in Rio de Janeiro. Marine and aviation insurance are core areas of focus, but the firm also has an impressive track record in energy, mining and infrastructure-related coverage disputes. Managing partner Julio Costa is a highly experienced litigator with over 25 years of experience. Since publication, Gustavo Lasalvia is no longer at the firm.

Practice head(s):

Julio Costa

Key clients

Mapfre Seguros Gerais

Cladtek do Brasil Ind. e Com.

Echoenergia Participações

Sylvamo do Brasil

Rimac Importação e Exportação e Representações


Bahia Mineração

IRB Brasil

AXA Seguros Brasil

Bisa Seguros y Reseguros

Work highlights

  • Advising Mapfre Seguros Gerais on a loss adjustment (comprising coverage analysis and litigation) relating to a fire loss in a textile factory.
  • Advising Sylvamo do Brasil, the Brazilian insurer, and the insured (a company in the pulp industry), on loss regulation and a recovery claim relating to fire loss.
  • Advising Echoenergia Participações on the implementation of its policies programme, coverage analysis, loss adjustment and subrogation rights in several losses.

F. Torres Advogados

F. Torres Advogados has an expanding presence in the Brazilian insurance and reinsurance market, with experienced teams working from Rio de Janeiro and São Paulo. The firm assists major insurers in high-value coverage disputes and claims, and also has significant expertise advising on strategic non-contentious matters. The team is active across several types of liability, including D&O, aviation, real estate and infrastructure. The firm’s international credentials are boosted by its association with UK insurance firm Kennedys. Managing partner Fabio Torres has over 20 years’ market experience advising on major claims, while partner Marcelo Lopes is a key contact for advisory matters, including contracts, warranty and civil liability.

Practice head(s):

Fabio Torres

Key clients

Swiss Re




Zurich Minas

Zurich Santander




Work highlights

  • Assisted IF P&C Insurance (the reinsurer) in a settled claim involving a continuous ship unloader, whose damage resulted in the loss of thousands of reais.
  • Advised Tokio Marine on insurance issues linked to the rupture of Dam 1 in Brumadinho, Minas Gerais.
  • Advised Zurich on ongoing insurance issues resulting from the rupture of the Fundão Dam in Minas Gerais in 2015.

Machado Meyer Sendacz e Opice Advogados

The experienced and multidisciplinary team at Machado Meyer Sendacz e Opice Advogados is well equipped to advise insurance clients on a wide range of corporate, commercial and regulatory issues. This includes support on major bancassurance agreements, M&A, policy wording and product launches. Its lawyers work closely with the finance department to also advise on related financings and derivatives transactions. Key partners include Eduardo Avila de Castro for banking and insurance regulatory matters, and Nei Schilling Zelmanovits for transactional and regulatory advice. Associate Pedro Henrique Ricco Verzemiassi is noted for his strong insurance focus.

Practice head(s):

Eduardo Avila de Castro; Nei Schilling Zelmanovits


‘Personalised attention and commercial approach to complex legal issues.’

‘I’d highlight Eduardo Castro, Pedro Ricco and Leonardo Vasconcelos.’

Key clients

Caixa Seguridade

Cardif Do Brasil


Zurich Minas Brasil

Atradius Credito Y Caución

Export Development Canada

Metropolitan Life Seguros E Previdência Privada

Grupo Ultra

Work highlights

  • Assisting AXA XL’s reinsurance companies with their admitted reinsurer application before SUSEP.
  • Assisting Cardif do Brasil Seguros e Garantias, Cardif do Brasil Vida e Previdência and Luizaseg Seguros in drafting templates for insurance distribution agreements.

Sergio Bermudes Advogados

Sergio Bermudes Advogados stands out for its involvement in high-value test cases and strategic litigation, often before the Supreme Federal Court. Its clients include a broad range of insurers, reinsurers and industry bodies, and the firm is particularly experienced handling administrative disputes in the pensions, motor and life insurance segments. This is coupled with a good grounding in corporate and regulatory issues, including policy wording, and distribution and bancassurance agreements. Rio de Janeiro-based litigation partners Guilherme Valdetaro Mathias and Marcio Vieira Souto Costa Ferreira jointly lead the team.

Practice head(s):

Marco Vieira Souto Costa Ferreira; Guilherme Valdetaro Mathias


‘A firm with an excellent team, high level of commitment and outstanding professionals. Legal knowledge is the differential of the firm to which complex demands are addressed. Assistance in all parts of Brazil, with emphasis on higher courts. Highly qualified multidisciplinary team.’

‘Highly specialised in dealing with strategic insurance, private pension, capitalisation and health issues.’

‘We understand that the main characteristics presented by the firm that make them special is the good knowledge that professionals have in the insurance sector, together with their expertise in civil proceedings. This chemistry and the performance in all instances of the judiciary makes the difference.’

‘Gabriel Prisco is very accessible, with excellent procedural and business vision. Guilherme Valdetaro and Marcio Costa, despite being senior partners, are also accessible and understand very well the dynamism of the judiciary power in Brazil.’

‘I would highlight Marco Vieira Souto Costa Ferreira, Guilherme Valdetaro Mathias and Carolina Francisco.’

Key clients





Seguradora Líder DPVAT

IESS – Instituto de Estudos de Saúde Suplementar

Bradesco Seguros

Bradesco Auto RE

Bradesco Vida e Previdência

IRB Brasil RE

Swiss RE Corporate Solutions Brasil Seguros

SulAmérica Seguros


Caixa Seguros

Work highlights

  • Represented Fenasaúde in two special appeals before the Supreme Federal Court (STJ) discussing whether it was possible to retroactively apply the Health Plans Law to contracts from before it was enacted.
  • Representing Seguradora Líder do Consórcio DPVAT in a civil action filed by the Ministério Público Federal seeking the transfer of DPVAT’s technical reserve to the National Treasury.
  • Representing FenaPrevi in a special appeal before the STJ concerning the collection of group life insurance.

TozziniFreire Advogados

TozziniFreire Advogados advises on a broad spread of insurance and reinsurance matters including corporate, regulatory and litigation. Clients include major insurers, reinsurers and brokers, which regularly instruct the firm on high-profile coverage claims as well as M&A, insurance policies and joint ventures. The team is also increasingly involved in growth sectors such as insurtech and related online and data protection matters. The practice is jointly led by the versatile Bárbara Bassani De Souza, who handles a range of litigation and regulatory issues, and New York-based partner Marcio Mello Silva Baptista.

Practice head(s):

Bárbara Bassani de Souza; Marcio Mello Silva Baptista

Key clients

Principal Financial Services

Compagnie Française d’Assurance pour le Commerce Extérieur (COFACE DO BRASIL)

Zurich Minas Brasil Seguros

Fairfax Brasil Seguros Corporativos

Berkley International do Brasil Seguros

Euler Hermes Seguros

Banco ABC Brasil

Argo Seguros Brasil

CesceBrasil Seguros de Garantias e Crédito

Work highlights

  • Assisted Banco ABC Brasil with the creation of an insurance broker, ABC Brasil Corretora de Seguros.
  • Assisted several insurers, brokers and reinsurance companies on their compliance with insurance regulatory matters related to data privacy.
  • Advised the underwriter Planeta of CRAS (credit receivable certificates) on the purchase of an internal credit insurance policy to cover its securitised products.

Veirano Advogados

Veirano Advogados has traditionally represented policyholders on contentious and non-contentious insurance issues. This now extends to a model that includes advice to brokers, agents, reinsurers and other organisations that come into direct contact with insurers. Its clients come from across several high-risk industries, including oil and gas, manufacturing, infrastructure and financial services. The firm is particularly active on the litigation side, with a focus on high-value claims and loss adjustment processes. Disputes partner Felipe Bastos leads the team, with key support from senior associate Andrea Piccolo Brandao  .

Practice head(s):

Felipe Bastos


‘Skilled and high quality service.’

‘Felipe Bastos is extremely qualified and available for client service.’

‘The team involved provides excellent services, under the leadership of Felipe Bastos. The demands are delivered always within the expected time frame and with the awaited quality.’

‘Felipe Bastos stands out for his great availability, clienr service, strategic and technical vision brought to the analysis. He is a high capacity professional, always ready to respond to the demands. Andrea Piccolo also presents herself as a very qualified and available professional, able to meet the demands of the company with the expected quality, along with Felipe.’

‘They have a deep knowledge of the insurance market, including its practices, players and modus operandi. The client relationship has also been a highlight, because they are always in contact, always available and demonstrate a genuine interest in my needs.’

Key clients

Sapura Energy do Brasil


M&I Electric do Brasil

Supersim Análise de Dados e Correspondente Bancário

Naturgy Energy Group

Single Buoy Moorings

Exxon Mobil

Banco Mundial

Rolls-Royce Brasil

Samarco Mineração

IRB Brasil RE

BMW Financeira

Seguradora Líder do Consórcio do Seguro DPVAT

Ocyan Participações

Sky Brasil Serviços de Banda Larga

Subsea 7 do Brasil Serviços

Sistac – Sistema de Acesso

Ituran Serviços

McAfee Brasil Comércio e Serviços de Tecnologia

Blue Cube Brasil Comércio de Produtos Químicos (Olin Corporation)

The Bank of New York Mellon

Hotelaria Accorinvest

Work highlights

  • Assisting Sapura Energy do Brasil in negotiating an offshore builder’s risk claim with insurers that were supposed to cover damages under a constructor’s all risk policy.
  • Advising several banks in connection with the review of the insurance for the financing of a major urban project in São Paulo.
  • Advising a mining company on the losses arising from a major environmental accident.

BMA - Barbosa, Müssnich, Aragão

BMA – Barbosa, Müssnich, Aragão's well-regarded insurance team is particularly experienced in sector-related corporate acquisitions and restructurings. Noted for its ‘professional competence and total commitment to the client', as well as its ‘fast and timely service', the team has recently assisted buyers and sellers in several high-profile transactions. Rio de Janeiro-based practice head Henrique Vargas Gama Beloch has significant expertise on the corporate and regulatory side. Other key partners include Maurício Pereira Faro for tax and Pedro Costa for litigation. Versatile senior associate Adriano Carneiro  handles contentious and non-contentious issues.

Practice head(s):

Henrique Vargas Gama Beloch


‘Professional competence and total commitment to the client. Fast and timely service.’

Key clients


Bradesco Seguros

IRB Brasil Resseguros


BB Seguros

Capemisa Seguradora


Too Seguros

BTG Pactual Seguros

Newe Seguros

Minuto Seguros



Kovr Seguros

Work highlights

  • Provides assistance to Spice Private Equity (an affiliate of GP Investments) in the acquisition of 100% of Argo Seguros, the Brazilian operation of the Argo Group.
  • Acted as counsel to Minuto Seguros and its controlling shareholder and founder in the sale of 100% of the company to Creditas, marking Creditas’ first acquisition in the insurance industry in Brazil.
  • Advised Banco BTG Pactual and its insurance subsidiary BTG Pactual Seguros on the sale of Credpago, a provider of guarantees for owners and tenants in real estate rentals, to Loft.

J Armando Batista e Benes Advogados Associados

J Armando Batista e Benes Advogados Associados has a notable track record in high-value insurance and reinsurance litigation and arbitration. The boutique firm’s advice also extends to non-contentious issues, including strategic support on D&O, E&O and reinsurance contracts and policies, as well as regulatory matters. Managing partners José Armando Da Glória Batista worked in-house and as a judge before launching the firm in 2002. Other key partners include Victor Augusto Benes Senhora and Daniela Benes Senhora Hirschfeld for contentious and non-contentious issues, and Vivianne Cristina Dos Reis Batista for regulatory matters.

Practice head(s):

José Armando da Glória Batista

Key clients

Chubb Seguros Brasil

Itaú Seguros

Liberty Seguros

Fairfax Brasil Seguros Corporativos

Prudential Do Brasil Seguros De Vida

Porto Seguro Companhia De Seguros Gerais

Axa Xl Seguros

Itaúseg Saúde

Itaú Vida E Previdência

Marcep Corretagem De Seguros

Itaú Seguros De Auto E Residência

Azul Companhia De Seguros Gerais

Porto Seguro Vida E Previdência

Porto Seguro – Seguro Saúde

Indiana Seguros

Porto Seguro Capitalização

Porto Seguro Proteção E Monitoramento

Porto Seguro Administradora De Consórcios

Itaú Unibanco

Porto Seguro Serviços Médicos


Work highlights

  • Advised Itau Vida e Previdência on an insurance indemnity lawsuit in which the counterparty requested payment for its total and permanent incapacity to work.
  • Represented Itau Seguros in a public hearing related to the Law of Over-indebtedness.
  • Assisted Liberty Seguros in a reinsurance claim against Instituto de Resseguros do Brasil concerning the defendant’s refusal to pay on a disputed reinsurance contract.

Raphael Miranda Advogados

Raphael Miranda Advogados is a well-regarded disputes boutique with a strong focus on high-value insurance claims. Policyholders regularly instruct the firm on loss adjustment and indemnity issues, and the team has a good background across various key sectors including infrastructure, mining, construction, healthcare, banking, renewables, and oil and gas. Raphael Miranda has over 25 years of experience in insurance and reinsurance litigation and arbitration. Fellow partners Pedro Ivo Mello and Antonio Pedro Raposo also have active contentious insurance practices.

Practice head(s):

Raphael Miranda; Pedro Ivo Mello; Antonio Pedro Raposo


‘Raphael Miranda Advogados is an excellent example of a boutique law firm, attending in a very personal way all matters brought to its evaluation, always working with highly qualified professionals, and its partners are always available to attend personally with all the attention and urgency that each matter deserves.’

‘In addition to the partner himself, Raphael Miranda, and the partner Pedro Ivo, the other partners are very attentive and carry specific knowledge that is always necessary for the day-to-day.’

Key clients



J&F Investimentos

Furnas – Centrais Elétricas

Ultrapar Participações

Banco BTG Pactual

Icatu Seguros

Enforce Group


Votorantim Cimentos

Grupo Eleva

Gera Capital

Ancar Ivanhoe Administradora de Shopping Centers

Queiroz Galvão

SNEF Serviços e Montagens


Terminal de Contêineres de Paranaguá


BNY Mellon

Bradesco Seguros

Banco Bradesco

Work highlights

  • Advised Vale in the pre-arbitration stage of the insurance claim and loss adjustment of the Brumadinho dam accident.
  • Assisted Vale in the pre-arbitration stage of the insurance claim and loss adjustment of the Samarco dam failure.
  • Represents BRF in a D&O insurance claim before Chubb and Zurich related to Operação Carne Fraca and Operação Trapaça for the recovery of the defense costs and the securities class action settlement amount.

RPZ Advogados

RPZ Advogados has a versatile practice, which represents insurers and reinsurers in high-value disputes and strategic issues. Dennys Zimmermann leads the team, and regularly advises on commercial, regulatory and litigation matters. The firm is particularly strong in high-stakes claims involving geological disasters, fires and accidents across a range of industries, such as transport, manufacturing and energy. Felipe Reis is another key partner with a special focus on D&O and E&O claims.

Practice head(s):

Dennys Zimmermann

Rueda & Rueda Advogados

Rueda & Rueda Advogados has a large national network of offices with the infrastructure in place to handle high-volume insurance claims. This includes cases linked to health, travel, home and contents insurance, as well as corporate and professional claims. Founding partner Antonio Rueda has a good name in this field.

Souza Araujo Butzer Zanchim Advogados – SABZ Advogados

Souza Araujo Butzer Zanchim Advogados – SABZ Advogados is noted for its ‘extensive knowledge of insurance topics' and its experience advising policyholders on high-value claims and policy agreements. The firm’s client base also features several major domestic and international insurance companies, which it advises on D&O and E&O claims. The team is also active on the strategic consulting front, and regularly assists insurers on policy drafts and loss adjustment procedures. Non-contentious advice to policyholders includes risk exposure analysis, policy negotiations and related compliance plans. Practice head Pedro Guilherme Gonçalves De Souza handles contentious and non-contentious matters.

Practice head(s):

Pedro Guilherme Gonçalves de Souza


‘Extensive knowledge of insurance topics.’


Key clients

Ecorodovias Concessões e Serviços

PDG Realty Empreendimentos e Participações

Concessionária do Aeroporto Internacional de Guarulhos  – GRU Airport

XP Vista Asset Management

SPIC Brasil Energia e Participações

SEI Incorporação e Participações

MChecon Produções

Starr International Brasil Seguradora

Tokio Marine Seguradora

AIG Brasil Seguros

Liberty Seguros

RB Capital

Berkley International do Brasil Seguros

Calcenter – Calçados Centro Oeste

Promon Engenharia

VBI Real Estate

Radar Propriedades Agrícolas

Brisanet Participações

Work highlights

  • Advised GRU Airport on assessing the risks related to accepting policies issued by foreign insurers.
  • Advised RB Capital during the adjustment of a surety bond claim related to a GMP Contract.
  • Assisted PDG Realty in renewing its D&O insurance following a corporate ownership change.

Trench Rossi Watanabe

Trench Rossi Watanabe has an experienced corporate insurance practice led by specialist partner Anna Tavares de Mello. The team is active in a wide range of domestic and cross-border matters, including M&A, capital markets, product launches, pensions, export credit insurance, and healthcare and surety bonds. The group also handles regulatory matters and litigation. Its clients include major insurers such as Aegon, Allianz and AXA, and the firm also advises policyholders on related matters.

Practice head(s):

Anna Tavares de Mello

Key clients

Aegon Group

SCOR Reinsurance

Wiz Corretora

Mongeral Aegon Seguros

Allianz Group


Houston Causality Company (HCC)

Ed Broking

Sirius International Insurance Corporation

Markel International Insurance Company

Transamerica Group

Great Lakes

Work highlights

  • Advised Aegon Group on a R$250m investment in Mongeral Aegon Seguros e Previdência, including an amendment to the JV agreement with the Brazilian shareholders (Augustus Group).
  • Assisting SCOR Brasil Resseguros with a corporate reorganisation involving it and Essor Seguros.
  • Provides legal and regulatory assistance for the maintenance of Houston Causality Company as an occasional reinsurer in Brazil.