Stellar insurance boutique, Colin Vega Fletes Abogados, is a ‘unique office in the field of insurance’, with some even labelling it as ‘the best firm in this area’. The group is renowned for its proven litigation capabilities, and is the go-to department for a ‘spectacular client portfolio’, including reinsurers, domestic and international insurers, and local and foreign insurance and reinsurance brokers. Mexico City-based department co-head Francisco Guerra-Fletes, who is well known for his expertise in contentious work, is also well-versed in non-contentious matters, and boasts robust experience with clients from the construction, oil and gas, environmental, and aviation sectors. The practice ‘offers full flexibility when it comes to operations in both Mexico and Spain’ thanks to its Madrid office, where fellow department co-head Jose Luis Colin Vega is based. He specialises in dispute resolution related to cyber risks, aviation, financial fraud, political risk, civil liability, product liability, and insurance and reinsurance conflicts. The team counts a new partner among its ranks after the promotion of Raquel Adriana Aguirre, whose experience includes handling criminal cases related to financial and banking crimes, crisis management, money laundering and OFAC (Office of Foreign Assets Control).

Corporate powerhouse Creel, García-Cuéllar, Aiza y Enríquez, S.C. houses a consolidated and ‘highly-specialised’ insurance and reinsurance practice, which earns additional praise for its ‘professionalism, friendliness and efficiency’. Department-head, and regulatory specialist Leonel Pereznieto, boasts extensive experience advising global insurance and broker groups in connection with their local establishment and acquisitions, while also remaining active on contentious insurance and reinsurance mandates, with a focus on the negotiation and settlement of reinsurance claims, and/or their resolution through arbitration. The team is enhanced by the expertise of valued counsel María José Pinillos, who is lauded for her ‘exceptional way of transmitting knowledge’, and who provides additional experience in arbitration-related matters. Drawing on the firm's full-service capabilities, the team has been working closely with the tax department, recently, representing the Mexican insurance subsidiary of a global client in a tax assessment process and litigation.

Earning plaudits for its ‘extraordinary understanding of the insurance and reinsurance sector’, Nader, Hayaux y Goebel, SC's veteran practice group brings over three decades' experiences advising in the Mexican insurance field. At the helm of the team is Yves Hayaux-Du-Tilly, ‘one of the most important insurance experts in Latin America’, who has profound experience in a broad range of matters, including dispute resolution, product development, regulatory and corporate matters, corporate governance and compliance, as well as transactional work. Recent highlights include representing Principal Financial Group in the MX$280m transfer of the insurance portfolio from Principal Seguros to Seguros Banorte. Fellow partner Luciano Pérez, regarded by clients among the ‘best insurance attorneys in Mexico’, handles both contentious and non-contentious insurance matters, including the management of claims, the negotiations of settlements and the analysis of policies and coverage opinions. The practice is further strengthened by a local presence in London. Former senior associate Juan Pablo Sainz moved in-house as deputy general counsel at Global Prametrics in April 2022. Associate Enrique Salcedo is also noted.

Full-service international firm, Hogan Lovells, offers extensive expertise in the formation and acquisition of insurance, surety and brokerage companies, as well as on day-to-day compliance and regulatory matters. Carlos Ramos, whose insurance expertise is complemented by his experience in corporate, M&A and energy law, heads a six-strong department that is instructed by a notable client roster comprising names such as Chubb, Liberty, Swiss Re, Zurich, Axa Seguros, and Pan-American México. Ramos is well-versed in securing regulatory approvals for setting up new insurance companies, handling the acquisition and sale of insurance companies, the development of joint ventures, and bancassurance matters. Additional partner level support on contentious mandates is provided by Omar Guerrero and Luis Ernesto Peón.

Ocampo 1890, S. C. houses an ‘exceptional practice in insurance and reinsurance mandates’, whose members earn additional praise for being ‘outstanding professionals’ who offer valued ‘legal support in both contentious and regulatory matters’. The group is well known for mainly representing reinsurers, and the defence of their interests in Mexico in litigations accounts for a sizable portion of the team's caseload. Managing partner Aldo Ocampo steers the practice. Although particularly renowned for his contentious work, including claims, disputes, and amparos, Ocampo also handles non-litigious matters, such as the development of insurance products; advice on adjustment processes and risk management; and the drafting, review and registration of insurance and reinsurance contracts; as well as regulatory and corporate matters. This latter focus of the practice is reinforced by the expertise of experienced associate Diana Ángeles.

Bello, Gallardo, Bonequi y García, S.C. is gaining more and more presence in the insurance and reinsurance domain, with its practice focused on advising insurance institutions and insurance brokers regarding compliance, the structuring of new insurance products, and representation in administrative procedures and litigation, as well as acting for clients in transactions with insurance and surety companies. Key contacts include founding partner Miguel Gallardo Guerra; Juan Bonequi, who leads the litigation-services practice group; and Javier Pérez Moreno, who was promoted to partner in January 2022, and boasts solid experience working with clients from regulated sectors such as fintech, banking, insurance, and health.

Galicia Abogados S.C. offers a cross-disciplinary insurance and reinsurance practice led by Humberto Pérez Rocha, who brings to the table his additional expertise as co-head of the banking and finance and M&A teams. The department is a recurring choice for domestic and international insurance and reinsurance players in need of assistance with regulatory, complex insurance and reinsurance transactions, claims and insurance-related disputes, and arbitration proceedings. Recent work highlights include advising GNP with the development of potential new corporate structures for the specialised services that Multiasistencia provides to the policyholders of GNP with assistance and care services in case of loss. Associate Ricardo Montejano is also noted.

Martínez, Algaba, de Haro y Curiel exhibits great strength on the litigation side of the insurance arena, handling disputes in which it represents major companies in Mexico such as AXA Seguros or MetLife. The highly-specialised group, fronted by seasoned litigators Javier Curiel, Daniel Ortega and Javier Altamirano, boasts over two decades' experience in complex insurance matters, such as life insurance with investment, damages, medical and health expenses, and civil liability. A second line of practitioners composed of senior associate Bernardo Basaldua and associate Eduardo Carrión, provides additional support and expertise.