Insurance in Chile

Acuña, Hoetz & Cifuentes

Acuña, Hoetz & Cifuentes is highly respected for its advice to local and foreign insurance and reinsurance companies, as well as its assistance to insurance and reinsurance brokers. Representative work includes the preparation of policies, insurance and reinsurance contracts, and regulatory matters. Other areas of strength are adjustment procedures, coverage analysis, insurance-related litigation and arbitration, defending third parties under liability policies, and representing insurers in subrogation actions. Recent matters included acting for Swiss Re, SCOR, Hannover Re, Pembroke, Arch, Mapfre and Sura in relation to wild-fire losses that were claimed by CMPC; and -further to the flooding of office and residential buildings in Santiago- the practice assisted Ace (Chubb) and Liberty (among others), in recovery actions against Costanera Norte, an urban highway concessionaire, contractor Sacyr and Chile's Ministry of Public Works. The key names are Alejandro Acuna, who is highly rated for his advice to local insurers and international reinsurers; insurance, reinsurance and loss adjusting expert Felipe Hoetz; and litigator Luis Cifuentes.


Carey 'not only has great knowledge of insurance matters from the legal perspective, but the firm also has lots of practical experience that allows it to provide advice while considering both the big picture and the details'. It is regularly involved in major insurance market deals (including insurance packages for major project finance transactions), large claims' loss adjustment procedures, and insurance-related litigation and arbitration; the group also stands out for its insurance regulatory expertise. Acting for insured parties, insurance companies, foreign reinsurance companies and insurance and reinsurance brokers, the client list includes Codelco, Archroma Chile, General Motors Financial, Mapfre Chile, MetLife and Starr Insurance. Recent mandates include advising Solunion Chile Seguros de Crédito  on the acquisition of the insurance policy portfolio of HDI Seguros de Garantía y Crédito. In other matters, the team assisted Mapfre Chile with the regulatory insurance aspects surrounding the $66m sale of its headquarters in Santiago's Las Condes. Marcos Ríos, Pablo Iacobelli and Matías Vergara co-lead the department; Vergara is 'a true expert who is devoted to his clients'. Former chief counsel of MAPFRE Group surety insurance-company Solunion SGC, Jorge Soto , was hired as associate.

Estudio Carvallo

Estudio Carvallo is widely respected for its advice on insurance policies, reinsurance contracts, policy coverage, preparation bids and insurance products. Other key areas include assisting insurers with insurance-related claims, including some of the country's most significant casualty claims. Acting for insurers, reinsurers and brokers, the team's client list includes CGE, Liberty Insurance, HDI, Mapfre, HDI Garantia y Credito, and Sky Airline. Managing director Manuel Carvallo and Francisca Román are the principal contacts.

DAC Beachcroft Chile

DAC Beachcroft Chile is highly regarded for its 'straightforward and concise advice, which takes into account the risks involved in this unique jurisdiction'. The firm is the Chilean arm of UK-based DAC Beachcroft LLP, which is a founding member of Legalign Global, an alliance of four multi-national law firms that focus on the insurance market. The practice regularly advises insurers and reinsurers on insurance and reinsurance coverage, insurance and reinsurance defence, and insurance regulatory issues. Significant clients include Markel International, QBE European, Hiscox, Apollo and AIG Spain; and recent matters saw the team act for insurer Neon Underwriting on several claims involving medical malpractice. Department head Andrés Amunátegui's 'breadth of knowledge of London markets and technical ability are sought after by many for good reason'; Guillermo Amunátegui advises on insurance regulatory issues; and Edmundo Agramunt joined from global insurer MAPFRE in 2017. Litigation and arbitration head Javier Moya and reinsurance law expert Nicolas Le Blanc, who 'understands both client requirements and resolution strategies', are notable associates.


Kennedys 'has an intelligent team of lawyers, solid technical knowledge and emotional intelligence, which makes it easy to deal with them'. The practice is part of the wider network of global law firm Kennedys and is well known for its advice on directors’ and officers’ liability, errors and omissions, life and health insurance, property and public-liability claims, as well as insurance regulation, claims management and defence, policy wordings, coverage, and corporate insurance. Clients include Chubb de Chile Compañía de Seguros Generales, Southbridge Compania de Seguros Generales and HDI Seguros; recent work includes advising insured party Parque Arauco on the structure of it's insurance program, covering assets across Chile, Colombia and Peru valued at $2bn; and acting for the reinsurers on a claim arising out of a $25m securities theft. The Santiago office's June 2019 absorbtion of local boutique Peralta, Gutierrez y Asociados saw the arrival of Jose Antonio Gutierrez -who becomes practice co-head alongside managing partner Mario Diemoz ('profound knowledge of the insurance industry')- and senior market figure Ricardo Peralta V , a 50-year veteran of the sector who is now of counsel. The team, which could already count on the strength of the highly-regarded Radoslav Depolo and Gian Carlo Lorenzini (corporate and litigation heads, respectively), has also been strengthened at the senior associate level: following the arrival of Rodrigo Hayvard from Zurich Insurance Group in May 2018, the above merger also saw the incorporation of Jorge Canales, giving the team an impressive second-tier.

Prieto Abogados

Prieto Abogados' seven-strong team is led by Patricio Prieto L , who is particularly well-known for advising on the creation, implementation and operation of insurance and reinsurance companies. In contentious matters, the practice assists with claims and insurance recoveries in relation to risk - such as fire, earthquake, business interruption and insolvency. Notable clients include Assurant Chile Compañia de Seguros Generales, Chubb Seguros Chile and American Bankers Insurance Company of Florida. Recent matters saw the team assist HDI Seguros (Chile), which with the sale of its Peruvian subsidiary, HDI Seguros (Perú). Other key contacts on the team are litigator Alberto González Vidal and associate María Cristina Ríos Llaneza.

RRG Abogados

RRG Abogados was recently founded by Roberto Ríos, Stefanie Ramdohr  and Alonso Garcia, formerly of Ríos Tagle Alessandri & Romero (now RTA Abogados). The practice advises on the formation of new insurance and reinsurance companies, regulatory issues, and claims involving liability, property, guarantees, reinsurance, construction risk, life and health insurance, and recovery actions. Notable clients include Chilena Consolidada Seguros Generales, Chubb Seguros Chile, Zurich RE, Mapfre Compañia de Seguros Generales de Chile, and RTS Internationial Loss Adjusters. The team represented Liberty Compañía de Seguros Generales in flood-related loss recovery claims.

Cariola Díez Pérez-Cotapos

Cariola Díez Pérez-Cotapos is 'always available to answer client's queries'. The team is experienced in advising large industrial and commercial clients on their claims against insurance companies, particularly in relation to the construction, mining, retail and distribution centre sectors; the team also assists with the review of insurance policies, negotiations with insurance and reinsurance companies and the development of new business. Active clients include Maersk Chile, Sandvik Chile, Vida Tres and Ripley; recent matters saw the team assist the latter with the adjustment procedure following two robberies at its San Bernardo distribution centre. An 'experienced figure',  Florencio Bernales is the principal adviser.

Gazmuri & Cia.

Gazmuri & Cia.'s practice includes the analysis of insurance and reinsurance coverage, policy review and drafting, and insurance claims. Maria Paz has extensive experience in insurance and reinsurance law, particularly in relation to major risks and complex insurance and reinsurance court disputes.

Grasty Quintana Majlis & Cia.

The team at Grasty Quintana Majlis & Cia. undertakes policy development and analysis for individuals and companies, advises insurance companies and brokers on structuring complex transactions, handles regulatory matters, and also represents insurance companies in insurance claims. Clients include Metlife Chile Seguros, Finameris Servicios Financieros and Orion Seguros Generales; the team provides ongoing advice to the lattter regarding recovery claims, particularly in relation to air, land and maritime transportation insurance. Alejandro Quintana, Eduardo Marchi and Jorge Meneses are the names to note.

Molina Ríos Abogados

Molina Ríos Abogados is a boutique law firm that is experienced in insurance and reinsurance matters. The practice acts in insurance claims, arbitration and litigation disputes involving international credit, construction, civil responsibility and life insurance, among others. Recent mandates saw the team successfully advise an insurance company on two arbitrations against an insured party, which claimed the payment of two guarantee policies. Name partner Carlos Molina is the key contact. Clients include Mapfre General Insurance, Constructora San Jose, Acciona and Applus.

RTA Abogados

RTA Abogados (formerly known as Ríos Tagle Alessandri & Romero) regularly acts for insurance companies, brokers and adjusters, especially in relation to properties, credits and guarantees insurance. Active clients include Trival Ajustadores, RTS Ajustadores and Suaval Seguros; the team recently advised Suaval Compañía de Seguros de Garantía y Créditos on a new credit insurance product. Sebastián Alessandri and recently promoted senior associate Carolina Michell Steffens are the key contacts; Roberto Rios, Stefanie Ramdohr and Alonso Garcia left to found RRG Abogados.

Vergara, Fernández, Costa & Claro

Widely respected for its advice to policyholders as well as its assistance with insurance claims, Vergara, Fernández, Costa & Claro is particularly active with clients from the construction and energy sectors. Recent work saw the team acte for major European construction company, Sacyr, in flood-related claims;  Energía LLaima and Sanatorio Alemán are also clients. Head of the the insurance and liability practice Gloria Claro and partner-in-charge of the commercial and insurance department Sergio Fernández are highly regarded practitioners.