Insurance in Spain

Clyde & Co LLP

Clyde & Co LLP is vastly experienced in advising insurers and intermediaries operating in Spain on general regulatory matters, as well as professional, product and property liability. Ignacio Figuerol is a highly regarded practitioner who is seasoned in assisting insurers and reinsurers in domestic and international insurance litigation and arbitration, while Ricardo Garrido is proficient in industrial risks, including environmental and construction law. Enrique Navarro regularly drafts the wording of insurance policies, and Miguel Relaño focuses on contentious insurance matters, and has been active in marine and transport, energy and safety claims. Isabel Burón is another key practitioner in the team, and often advises insurance companies on an array of coverage issues.

Practice head(s):

Ignacio Figuerol; Ricardo Garrido; Miguel Relaño; Enrique Navarro; Isabel Burón

Other key lawyers:

Laura Ochoa

Testimonials

‘The lawyers that make up the team always generate trust in clients of the firm. The different lawyers that make up the team are very cohesive with each other.’

‘The billing is consistent with the professionalism in the matters entrusted to them. The response times are very agile and professional and they are always attentive to the client. They are transparent and professional.’

‘We highlight Miguel Relaño and Laura Ochoa.’

Key clients

Zurich Insurance

AXA Seguros

Swiss RE

Work highlights

  • Advised Zurich on complex international arbitration proceedings against Zardoya Otis Group.
  • Advised AENA, the Spanish Airport Authority, and its insurer on all property and loss of profits claims filed by users of the airport derived from the Filomena snowstorm.
  • Advised SwissRe on its bancassurance alliance with WiZink.

Hogan Lovells International LLP

'Very prestigious law firmHogan Lovells International LLP stands out for its extensive knowledge of corporate and regulatory matters in the insurance sector and has recently been particularly active in M&A in the industry. Pablo Muelas has a well-established reputation in this field; he leads the practice and is proficient in a range of areas, including outsourcing, distribution and compliance. Felipe Vázquez is well versed in corporate law and advises private equity investors, insurers and insurance intermediaries on portfolio disposals, buyouts and corporate restructurings. Margarita Morales is often engaged in insurance litigation. Guillermo Ruiz left the firm.

Practice head(s):

Pablo Muelas

Other key lawyers:

Felipe Vázquez; Margarita Morales; Guillermo Ruiz

Testimonials

‘They give you the feeling that they always have you in mind, with very clear answers and adequate formulas to solve your needs, they really show that they know your company.’

‘Hogan Lovells is a very prestigious law firm in Spain, especially in the insurance field. We have been working with Pablo Muelas, his advice has always been the best.’

‘We value Pablo Muelas because he empathizes very well with our concerns, is available, and is proactive but at the same time prudent, and is a hard worker. This mix of qualities differentiate him from competitors.’

‘The Hogan Lovells team in the insurance sector is a great reference in the market for its extremely high knowledge and good work.’

‘What makes this office favourable compared to others is the degree of commitment and responsibility, complying with the deadlines stipulated in the responses and procedures entrusted, as well as an exquisite knowledge at a theoretical and practical level of the insurance activity and its environment.’

‘The plus that makes the firm’s lawyers stand out is the professionalism and specialisation, in this case in the insurance sector, as well as the degree of commitment to the client.’

‘Great knowledge of the sector and relationship with the market, clear, precise and pragmatic support which for the business areas is essential to be able to make decisions and understand each matter.’

Pablo Muelas and Felipe Vázquez are two extraordinary lawyers who provide excellent advice in terms of quality and depth, and fast and clear responses, always with a focus on solving the problem.’

Key clients

Europ Assistance

Cardif Lux Vie

Admiral intermediary Services

Willis Towers Watson

Ergo

Generali

Lombard International

Mutua Madrileña

MUSAAT, Mutua de Seguros a Prima Fija

PayPal

Reale

Sompo International

UBS

VidaCaixa

CESCE

RACE

Zurich Insurance Group

Work highlights

  • Advised international broker Howden Group on the acquisition of 100% of the capital of Grupo Artai, one of the largest insurance brokers in Spain.
  • Advised AXA on its acquisition of 99% of Grupo Igualatorio Cantabria (GIC).
  • Advised Barclays Bank on the liquidation of BVP Galvani Global, the entity through which Barclays Group developed its life insurance activity in Spain.

Kennedys

Kennedys is highlighted for its 'full availability, commitment, excellent professionalism and attention to technical detail'. The sizeable insurance department in Madrid can rely on a well-established global network to advise on international matters. The team is regularly engaged by clients to assist on matters involving casualty, property, energy and construction financial lines. Isidoro Ugena is adept in director and officer (D&O) claims, bankers’ blanket bonds and public offerings of securities, and often advises domestic and foreign insurance companies on financial institution claims. Alfonso De Ramos is knowledgeable in medical malpractice, professional indemnity and property claims. Olivia Delagrange defends insurers and reinsurers, and advises on coverage and policy wording, while senior associate Alicia Fole handles matters for insurers concerning medical malpractice, cyber risks and professional indemnity.

Practice head(s):

Isidoro Ugena; Alfonso De Ramos; Olivia Delagrance

Other key lawyers:

Alicia Fole

Testimonials

‘Full availability, commitment, excellent professionalism and attention to technical detail. The most important thing to highlight is its international position and easy international collaboration in all continents, especially South America and Europe.’

‘The way the team works means there is always more than one person who can solve any contingency.’

‘Alicia Fole’s ability to understand technical or construction issues is extraordinary, she also has a quick and accurate approach.’

Key clients

AIG Europe Spain

Swiss Re International Spain

QBE UK

HDI GLOBAL

Previsora General MPS

IF

Starr Europe Insurance

BEAZLEY

BERKSHIRE HATHAWAY

RSA

MUNICH RE

Work highlights

  • Acted for AIG Europe’s Spain branch in a portfolio of claims on Architects and Engineers Professional Indemnity Insurance.

Pérez-Llorca

Pérez-Llorca has established a market-leading practice in the insurance sector. It possesses extensive expertise in the design of new contingency insurance products, and the team is also well equipped to assist insurance clients in litigation and regulatory and commercial matters. The department is overseen by Joaquín Ruiz Echauri, a highly reputed practitioner with over 30 years’ of experience, who is particularly active in disputes pertaining to the insurance sector. Associate Jesús Almarcha is seasoned in the development of regulatory projects. Rafael Fernández, who has experience in corporate, regulatory and contentious matters, is another key contact.

Practice head(s):

Joaquín Ruiz Echauri

Other key lawyers:

Jesús Almarcha; Rafael Fernández

Key clients

Mapfre Vida Sociedad Anónima de Seguros y Reaseguros sobre la Vida Humana y Mapfre España Compañía de Seguros y Reaseguros, S.A.

Aegon España S.A. de seguros y reaseguros

Santa Lucía, S.A. Compañía de Seguros y Reaseguros

AirBnB Inc.

Markel Insurance SE

Mutua Madrileña Automovilista, Sociedad de Seguros a prima fija

Nationale Nederlanden Group N.V.

Metlife Europe Insuranced D.A.C.

American International Group, Inc. (AIG)

UNESPA (Unión Española de Entidades Aseguradoras y Reaseguradoras)

Work highlights

  • Advised Airbnb on a temporary regime supporting a Spanish insurance broker in the distribution of insurance products across several countries in Europe.
  • Advised Santa Lucía on the extension of its existing life and pensions bancassurance alliance with a Spanish bank.
  • Advised Aegon on the analysis of its matching of financial assets linked to savings life insurance products, PPAs.

Ashurst LLP

Ashurst LLP‘s expertise in M&A transactions and litigation in the insurance and pension funds sectors is highly sought after by domestic and international clients. María José Menéndez specialises in corporate and commercial law, particularly in commercial contracts, and José Antonio Rodríguez is proficient in litigation, arbitration, and insolvency and restructuring. Francisco De León advises insurance and reinsurance companies and pension funds on a broad spectrum of mandates involving tax, employment and corporate law. Senior associate Camilo Luna is experienced in advising national and international companies on corporate restructurings, and domestic and cross-border M&A transactions.

Practice head(s):

Maria José Menéndez

Other key lawyers:

José Antonio Rodríguez; Francisco De León; Camilo Luna

Testimonials

‘Great availability and knowledge of the market.’

‘The team has professionals with knowledge of regulations as well as the market. In addition, they have a great vision of service and client treatment.’

‘Maria José Menéndez and Franciso León are great references in this area.’

Key clients

Nationale Nederlanden

Deutsche Bank

Aegon

InfraVia Capital

JP Morgan

Certa Insurance

Generali Investment Partners SGR S.p.A

BMS Group

Bankia S.A.

BRP Bizzozero & Partners S.A.

Work highlights

  • Assisted Mediterráneo Vida on the acquisition of CNP Partners.
  • Assisted PIB Group on the acquisition of Tractio Risk Correduría de Seguros.
  • Assisted AMAEF in legal and regulatory matters in bancassurance.

Azsure Abogados SLP

Azsure Abogados SLP assists clients in the full array of insurance and reinsurance mandates, handling a broad spectrum of contentious cases and non-contentious, advisory and policy wording matters. The practice is seasoned in a variety of fields, including W&I, environmental risks, property and energy, and is also equipped to advise on insurance-related M&A deals. Jesus Velez represents insurers and reinsurers in coverage issues, while Javier Goizueta assists global and international clients in energy claims, D&O and professional indemnity matters. Ilse-Marie Dames is adept in cross-border insurance claims, and Jose María Araúz is another name to note.

Practice head(s):

Jesús Vélez

Other key lawyers:

Javier Goizueta; Ilse-Marie Dames; Jose María Araúz

Testimonials

‘Azsure Abogados is a unique practice in the insurance industry in Spain and in Europe. Their competence and expertise in this industry are exceptional, they are also very well connected with the UK markets, and are able to deliver work on an international basis.’

‘Jesùs Velez is a reputable expert of insurance law and his long-standing experience makes him distinctive in the market. His practical approach and responsiveness makes his service very useful.’

‘It is a law firm that is very adapted to the needs of the sector.’

Work highlights

  • Acted for a UK-based insurer in relation to a claim arising out of the shutdown of construction work at a refinery in Latin America.
  • Acted for a specialist insurer in relation to substantial losses incurred following the failure of a transformer critical to a substation that feeds various wind farms.
  • Acted in a reinsurance dispute that arose in relation to a construction all risks policy underwritten by a consortium of two global construction companies.

Clifford Chance

The insurance department at Clifford Chance advises major pension funds, banks, insurance brokers and distributors on the full array of contentious, regulatory and corporate matters. The team is particularly adept in multi-jurisdictional insurance and reinsurance corporate transactions, and closely collaborates with the firm's antitrust, M&A and real estate departments, among others, to assist insurance clients. Jaime Velázquez is well versed in corporate governance and M&A in the energy, telecoms and financial sectors, and leads the team with senior associate Miguel Barredo. Associate Juan Valcárcel often advises on insurance undertakings in joint ventures, bancassurance agreements and portfolio transfers.

Practice head(s):

Jaime Velázquez; Miguel Barredo

Other key lawyers:

Juan Valcárcel

Testimonials

‘Clifford Chance’s insurance team has extensive industry operations experience and members who have been dedicated to this area since its inception. They work very well with other offices.’

‘Clifford Chance’s team has delivered outstanding work regarding insurance to us. They have thorough knowledge of the sector and take advantage of their full service offering to provide top notch and complete advice. They provide detailed and solid advice very swiftly and are particularly knowledgable and proficient in insurance regulatory matters and insurance M&A.’

‘Miguel Barredo is an outstanding lawyer. He is fast paced, but always on point, and has deep knowledge of the sector.’

‘Juan Valcárcel has good skills in insurance law.’

Key clients

Abanca

Admiral

AXA Partners

Domestic & General

Fidelidade

JP Morgan

Mapfre

Mutua Madrileña

Reassure

Reliance National Insurance Company

Swiss Re

WiZink Bank

Zurich

CGICE

Work highlights

  • Advised Zurich on the sale of its Spanish medical malpractice insurance run-off business to UK-based reinsurer Riverstone by means of an innovate transaction structure.
  • Advised Mapfre on its successful €500m subordinated notes issue intended to qualify as a Tier 3 instrument for the purposes of insurance solvency regulations.
  • Advised Admiral Group on the sale of Admiral’s price comparison business, including Confused.com in the UK and Rastreator.com in Spain, and the group’s technology operations, Admiral Technologies.

DAC Beachcroft LLP

DAC Beachcroft LLP possess extensive expertise in insurance and commercial litigation, and handles numerous significant energy, construction and environmental mandates. Its international office network is an advantage in cross-border matters. The group is also proficient in travel litigation and serious personal injuries cases, as well as significant product liability and recall mandates. José María Pimentel advises domestic and international hotel chains and their insurers on damages claims field by guests, while Pilar Rodríguez assists insurers and reinsurers in construction, energy and general liability claims. José María Álvarez-Cienfuegos and Pablo Guillén are noted for their experience in drafting and adapting an array of policies to the domestic market and legislation, and Eduardo Asensi Pallarés and Iñigo Cid-Luna Clares specialise in civil liability and insurance. Julio Albi is also a name to note.

Practice head(s):

José María Pimentel; José María Álvarez-Cienfuegos; Pilar Rodriguez; Eduardo Asensi; Pablo Guillén; Julio Albi; Iñigo Cid-Luna

Testimonials

‘It is an office with personalised attention and dedication, with attention to procedural details and the reporting needs of its clients. A young and diverse team, but with extensive experience among its members.’

‘An excellent team, Pablo Guillén’s knowledge and performance makes him a reference lawyer in the market.’

‘Contact with them is direct and without any problem. They are up to date with the latest market trends in order to offer us answers to the doubts that arise in daily management. We have no problems with billing issues.’

Key clients

GENERALI ESPAÑA, S.A. CÍA DE SEGUROS Y REASEGUROS

AXA-XL

CHUBB INSURANCE GROUP LTD

AIG INSURANCE EUROPE LIMITED

LIBERTY

AXA SEGUROS

QBE INSURANCE EUROPE LIMITED

ALLIANZ SEGUROS

BERKSHIRE HATHAWAY

FIATC MUTUA DE SEGUROS Y REASEGUROS

ZURICH INSURANCE PLC

ALLIANZ GLOBAL CORPORATE SPECIALTY

SEGURCAIXA ADESLAS

BANCSABADELL

DUAL IBÉRICA

RSA

HDI GLOBAL SE

MAPFRE GLOBAL RISKS

MAPFRE RE

QBE EUROPEAN OPERATIONS

BERCKLEY

Work highlights

  • Assisted a leading international reinsurance company under the environmental liability policy of Repsol in a large spillage that occurred in Peru.
  • Defended CHUBB in different disputes that arose as a result of the alleged defects of tether chains which were part of a hydrocarbons´ extraction system.
  • Defended HDI, an engineering firm, in ongoing litigation before the Irish Courts in respect of issues that arose in the design and construction of Barrow Bridge.

Garrigues

Garrigues is noted for its 'knowledge of the insurance business and comprehensive advice'. The firm is active in significant domestic corporate transactions, as well as joint ventures and renegotiations of bancassurance alliances, and the department also stands out for its expertise in insurtech-related issues. Álvaro-López-Jorrín possesses over 25 years’ experience in the insurance sector, and often advises clients in regulatory, restructuring and contractual matters. Mónica Martín De Vidales is another name to note in the department.

Practice head(s):

Álvaro López-Jorrín; Mónica Martín de Vidales

Testimonials

‘Garrigues has advised us on various M&A transactions in the insurance sector standing out for its technical knowledge, experience in M&A transactions in that sector, and knowledge of the insurance business and comprehensive advice.’

‘Close relationship with the client.’

Key clients

Mutua Madrileña

Aegon

Allianz

Generali

Helvetia

Igualatorio Cantabria

Munich Re, Branch in Spain

Mutuavenir

Pelayo Mutua de Seguros a Prima Fija

Plus Ultra

Surne

Zurich

Bansabadell Seguros Generales & Vida

Banco Santander

Barclays

BBVA

BBVA Seguros

Gerocaixa

Kutxabank

La Caixa / Vidacaixa

Sabadell

Andorran Banking Association

AXA

Reale

Medvida

Linea Directa Aseguradora

Work highlights

  • Advised Mutua Madrileña on its strategic alliance with El Corte Inglés.
  • Advised Generali on the renewal of its bancassurance alliance with Cajamar until 2035.
  • Advised Willis Iberia on the sale of the reinsurance business in Spain to Gallagher, as part of the global sale by Willis Towers Watson of Willis Re to Gallagher.

Herbert Smith Freehills LLP

Herbert Smith Freehills LLP is sought out by a range of clients in the insurance sector, including captives, brokers, corporate policyholders, and insurers and reinsurers. The department is also a popular choice among corporate policyholders for dispute matters, with experience acting for international companies in the energy and renewables, banking, construction and infrastructure sectors. Paulino Fajardo leads the team and is a seasoned mediator in the insurance and reinsurance market, while Alejandra Galdos has more than 20 years’ experience in overseeing contentious claims.

Practice head(s):

Paulino Fajardo

Other key lawyers:

Alejandra Galdos

Testimonials

‘Experienced team.’

‘They manage client expectations very well.’

‘Herbert Smith Freehills is a fully up-to-date office in terms of technology, legal news, and diversity. They provide a fast, efficient and satisfactory service.’

Key clients

Atlantica Sustainable Infrastructure

Solaria Energía y Medioambiente

Red Eléctrica de España

Grupo Mapfre

Sacyr

QBE Europe

HDI Global

Prodesa Medioambiente

Hiscox, sucursal en España

Work highlights

  • Defended a pellet production mill designer and supplier in arbitration proceedings brought before the Chamber of Arbitration in Milan in relation to alleged defective design.
  • Represented the third-party liability insurer of a public body against a judicial claim brought by a concessionaire company for alleged loss of profit.
  • Assisted policyholders with coverage advice and defence in connection to property damage and business interruption insurance following defective solar trackers installed in photovoltaic solar plants.

Uría Menéndez

Uría Menéndez is well equipped to assist clients in an array of mandates, including employment, regulatory and commercial work. The practice is engaged in large corporate transactions in the domestic market, as well as the restructuring of banking-insurance agreements. Guillermo San Pedro oversees the team and advises on a variety of domestic and cross-border transactions in the insurance and reinsurance market. Julio Iglesias is active in proceedings before domestic arbitration courts regarding civil and commercial matters. Jaime Del Fraile has been active in the sale and purchase of debt recovery platforms of credit institutions.

Practice head(s):

Guillermo San Pedro

Other key lawyers:

Julio Iglesias; Jaime Del Fraile

Testimonials

‘Extremely well connected and has an exceptional track record in our industry. A great reputation.’

‘Always available and very helpful, transparent and goal oriented.’

‘Excellent team in terms of experience, knowledge of the market and its players, and availability of the senior team.’

‘Great ability to adapt and respond to client needs. Very high level of commitment at all times.’

‘Really specialised in the insurance sector. Immediate availability of the team to address any matter including judicial representation. Ability to work with tight deadlines’

‘Competence, passion, availability.’

‘Uría Menéndez has a deep knowledge of the subject matter, its proposals and solutions are aligned with the business and they seek innovative solutions that allow compliance with current legislation. Their work is of very high quality.’

‘Technically very good, with a great vision of the market and experience.’

Key clients

CaixaBank, S.A.

El Corte Inglés, S.A.

VidaCaixa S.A.U. de Seguros y Reaseguros

Zurich Life Assurance plc

Santander Seguros y Reaseguros, Compañía Aseguradora, S.A.

Banco Santander, S.A.

ING Bank NV

SegurCaixa Adeslas, S.A. de Seguros y Reaseguros

Bankinter, S.A.

AON and Willis Towers Watson.

Allianz X

Helvetia Schweizerische Versicherungsgesellschaft AG

Unión Española de Entidades Aseguradoras y Reaseguradoras / Spanish Association of Insurers and Reinsurers (UNESPA)

Mutualidad General de la Abogacía

Mutualidad de Previsión Social a Prima Fija

AVANZA Mutual de Seguros y Reaseguros, S.A.

Work highlights

  • Advised CaixaBank on the termination of life and non-life bancassurance alliances between Bankia and Mapfre after CaixaBank absorbed Bankia through a merger.
  • Advised Bankinter on the establishment of a bancassurance alliance with Liberty Seguros to jointly develop and commercialise motor and home insurance products.
  • Advised El Corte Inglés on the establishment of its strategic alliance with Mutua Madrileña for the development and commercialisation of life and non-life insurance products, investment products and pension funds.

Bird & Bird

Established in March 2021, the insurance and reinsurance department at Bird & Bird is a one-stop shop for a breadth of insurance mandates and is particularly proficient in reinsurance coverage disputes. Luis Alfonso Fernández leads the team and is seasoned in litigation matters concerning industrial losses, aviation claims, D&O, cyber risks and financial lines. Virginia Martínez is a partner with extensive experience in contract drafting, insurance and reinsurance supervision, as well as distribution and pensions plan regulation.

Practice head(s):

Luis Alfonso Fernández

Other key lawyers:

Virginia Martínez

Testimonials

‘The lawyers are experts in insurance and procedural matters, allowing them to cover different areas with the same professionals, having full availability at any time.’

‘We always highlight this practice for its specialisation and knowledge of the insurance and reinsurance sector and its experience in regulatory/litigation. They have a wonderful, multi-disciplinary team that stands out for their close collaboration, they always provide solutions to the client and know how to provide value and legal alternatives to clients in a complex business world and they contribute by adding value in innovation and technology.’

‘They know the business world and the insurance sector in particular depth.’

‘It is a highly specialised and professional team. They perfectly know the legal casuistry of the sector.’

‘An enormously deep knowledge of the insurance sector. Legal rigor and great sense of managing expectations, possibilities and alternatives to legal problems.’

‘They are lawyers who have always been in the insurance and reinsurance sector. They are well known in the market and their expertise are tremendous.’

‘Luis Alfonso Fernández’s undeniable value is his knowledge of the insurance market and his extensive experience in litigation arising from it, both in Spanish and international jurisdiction.’

‘Luis Alfonso Fernández is always agile and attentive to indications, requests for feedback, and coordination with local lawyers.’

Key clients

AXA

HDI

Mapfre Group

Tokio Marine Europe

Generali

Zurich

AmTrust

Liberty Mutual Surety

Patrizia AG

Assekuransa

Consejo General del Notariado

Dual

OVB

Solunion

Cardif

Markel

Mediolanum International Life DAC

Your Life (Getlife)

AXA XL

Work highlights

  • Advised Mediolanum International Life DAC on the design, adaptation and launching in Spain of several complex unit linked insurance products’ policies to be distributed by Mediolanum Bank.
  • Advised GETLIFE, a start-up operating as a Spanish insurance broker, on the authorisation of the acquisition of a significant shareholding in the company by investors and business angels.

Blanco & Asociados Abogados

Blanco & Asociados Abogados, a boutique practice with thorough expertise in insurance law, is often engaged in advising brokerage, insurance and reinsurance companies in complex disputes. The firm is also a member of Global Insurance Law Connect (GILC), a network of law firms with expertise in insurance law and civil liability. Fernando Blanco Giraldo leads the team and has assisted several large insured multinationals in sophisticated claims against insurance companies. Fernando Blanco Gamella has in-depth expertise of civil responsibility and the right of insurance. Adrián Martínez de Velasco González is also a name to note.

Practice head(s):

Fernando Blanco Giraldo

Other key lawyers:

Fernando Blanco Gamella; Adrián Martínez de Velasco González

Testimonials

‘A firm with great experience in difficult matters.’

‘Alternative approaches in complicated matters in order to find spaces for insurance coverage.’

‘They are professionals with extensive knowledge of both theory and legal practice. They are distinguished by their great knowledge of the subject, their closeness and adaptation to the needs of our entity. Managing Partner Fernando Blanco Giraldo is the best insurance attorney we know. A benchmark in the sector for his knowledge and closeness to clients.’

Key clients

ZURICH INSURANCE PLC

W.R. BERKLEY SPAIN

SEGURCAIXA ADESLAS

ALLIANZ GLOBAL CORPORATE & SPECIALITY

MAPFRE GLOBAL RISKS

HISCOX S.A.

WILLIS TOWER WATSON

COCA COLA EUROPEAN PARTNERS

CORPORACIÓN GESTAMP, S.L.

COBRA INFRAESTRUCTURAS HIDRÁULICAS, S.A.

MELIA HOTELS INTERNATIONAL

ACCIONA FACILITY SERVICES, S.A.

ARCELOR MITTAL

WOLKSWAGEN VERSICHERUNG AG

SACYR, S.A.

GLOBAL DOMINION ACCESS

MAXAM CORP

CMS Albiñana y Suárez de Lezo

The insurance department at CMS Albiñana y Suárez de Lezo is particularly active in litigation and mediation, and possesses knowledge of the full spectrum of insurance regulatory issues.  The practice is also equipped to assist in fintech matters, covering cryptocurrency and open banking as well as M&A insurance transactions, including W&I. Jaime Bofill joined the team from Hogan Lovells International LLP and is adept in fintech and insurtech, with experience acting for companies involved in retail banking and payment services. The team has been further strengthened by the arrival of Raquel Sánchez Candela from the Spanish Insurance Business Association, while Macarena Sanz González left the department in January 2022.

Practice head(s):

Jaime Bofill

Other key lawyers:

Raquel Sánchez Candela

Testimonials

‘CMS has a knowledgeable insurance practice who provide commercially focused advice and have to ability to reassign non-insurance requests to other departments where necessary.’

‘The whole team were always available to by email or by conference call in our questions after delivering the legal products. The due dates were respected and when additional time was needed due to additional research or questions, this was communicated in full transparency.’

Key clients

Generali

Nationale Nederlanden

Ibercaja/Pensumo

Lovys

DUAL

Howden Group Holding Limited

Aserta Aseguradora

Monument Assurance Luxembourg

PIB Group Spain (UK) Limited

CNP Santander

HgCapital

Targobank

Tokio Marine HCC

Monument Life

Zurich

Chubb

Solunion

Griffin Insurance

ANV

Luko

Work highlights

  • Advised Nationale-Nederlanden on setting up online platform WELI, an innovative project to provide healthcare assistance services to elderly people.
  • Advised Ibercaja Banco and Loyalty Platform Pensumo on their collaboration for submitting an innovation project to the Spanish regulatory sandbox.
  • Advised French insurtech company Luko, which has created a 100% digital house insurance application, on its entry into the Spanish market.

Cuatrecasas

Cuatrecasas fields a team of lawyers with expertise across a range of insurance mandates, including litigation, labour, and corporate and commercial issues. The practice has recently been particularly active in M&A transactions and insurance litigation, the latter being an area where the department possesses extensive knowledge. Carlos Bonhome is seasoned in advising on strategic collaboration agreements, transactions and restructuring processes, while Rebeca Rodríguez is particularly knowledgeable in insurance company taxation. New additions to the team include Ruth Duque, Amara Odériz and Celia Zafra, who all arrived from DWF-RCD.

Practice head(s):

Rebeca Rodríguez; Carlos Bonhome

Other key lawyers:

Ruth Duque; Amara Odériz; Celia Zafra

Key clients

ARTHUR J. GALLAGHER

MUTUA MADRILEÑA

AEGON

ABANCA GENERALES DE SEGUROS

LIBERTY SEGUROS

XL INSURANCE COMPANY (GRUPO AXA)

ATRADIUS CRÉDITO Y CAUCIÓN

UTMOST

REALE SEGUROS

WILLIS TOWERS WATSON

Work highlights

  • Advising MUTUA MADRILEÑA on the Bankia network integration in the bancassurance alliance with CaixaBank.
  • Advised AEGON on all the tax matters in the execution of the agreement with Banco Santander by which Aegon becomes the bank’s leading insurance partner.
  • Advised BLACKFIN CAPITAL PARTNERS on the purchase of Grupo Concentra, as well as the submission of the case file to the General Insurance Directorate for its authorisation.

Gómez-Acebo & Pombo

The multidisciplinary team at Gómez-Acebo & Pombo has been involved in a range of M&A, insurance mediation, bancassurance, and the drafting and negotiation of insurance policies. The department has also overseen significant matters pertaining to the EU, including new EU regulations such as the IDD, and the application of IFRS 17 Insurance Contracts and the application of new EU regulations on ESG. Ana Martinez-Pina assists credit institutions, insurance entities and pension funds, and is knowledgeable in audit supervision and accounting regulation.

Practice head(s):

Ana Martínez-Pina

Other key lawyers:

Iñigo Erláiz Cotelo

Testimonials

‘Gomez-Acebo y Pombo has provided a service that is very well adjusted to the needs of the client and subject to a reasonable price.’

Key clients

Banco Santander

Caser

Abanca Generales De Seguros Y Reaseguros, S.A.

Mutual Médica, Mutualidad De Prevision Social A Prima Fija

Avanza Previsión, Compañía De Seguros, S.A.

Admiral Europe, Compañía De Seguros

Intesa Sanpaolo Life Dac

Generali España, Sociedad Anónima De Seguros Y Reaseguros

Segurcaixa Adeslas, Sociedad Anonima De Seguros Y Reaseguros

Aura, Sociedad Anonima De Seguros

Aig Europe S.A. Sucursal España

UBS Europe SE, Sucursal En España

Mediterraneo Vida, Sociedad Anonima De Seguros Y Reaseguros

Santander Vida Seguros Y Reaseguros, S.A.

La Alianza Española S.A. De Seguros

Mgs, Seguros Y Reaseguros, S.A.

Credit Assegurances

Utmost PanEurpe Dac

Nueva Mutua Sanitaria

Caja de Socorros Institución Policial Mutualidad de Previsión Social

MUSAAT, Mutua de Seguros a Prima Fija

Work highlights

  • Advised Banco Santander on the establishment of a strategic commercial alliance with Mapfre, whereby the insurer will prescribe the bank’s products and services in its commercial network with 3,000 points of sales over 16 years.
  • Advised WiZink on a 15-year exclusivity agreement with Swiss Re (through its digital insurer iptiQ) as a bancassurance partner.
  • Advised CASER in relation to the termination of its bancassurance agreement with Caixabank.

Muñoz Arribas Abogados S.L.P.

Muñoz Arribas Abogados S.L.P. possesses notable expertise in cyber risks, data protection and new technology matters linked to insurance. The team is well equipped to handle the full array of civil liability matters, D&O and budget lines, medical malpractice and state liability, among other matters. Jose Antonio Muñoz Villarreal is proficient in D&O and employer’s liability, while Alberto Muñoz advises regional and global insurance companies and their policyholders in the review and drafting of policies.

Practice head(s):

Jose Antonio Muñoz

Other key lawyers:

Alberto Muñoz

Testimonials

‘The firm is made up of great professionals in the world of law and with great knowledge of the operation and needs of the insurance market.’

‘Great professionals with a long and proven career, together with younger lawyers who have the opportunity to train by their side and benefit from their good work.’

‘They have a high degree of specialisation by sectors and an ability to provide training that distinguishes them from other firms. The closeness of treatment is exceptional.’

‘The main strength of the Muñoz Arribas firm is that the team is made up of a multidisciplinary group of lawyers, who can attend to all the needs that an insurer requires. I would highlight the flexibility in the negotiation of fees, the use of new technologies.’

‘Very close and professional treatment, they analyse the issues in depth.’

‘Having spent decades dedicated to the insurance sector, they perfectly know the needs of their clients and are very proactive with us. Jose Antonio Muñoz is well known in the sector and has a very good reputation, both for his knowledge and good work.’

‘It is a highly specialised law firm with extensive experience in the insurance sector, which guarantees a clear vision of matters and a higher percentage of success.’

‘The accessibility to all partners to comment on matters stands out, allowing them to deal directly with any issue. I would like to highlight José Antonio Muñoz.’

Key clients

Asefa

Generali

Iberian Insurance

QBE

Sham

Aig

Acciona

Pool Corredores Responsabilidad Civil

Colegio de Ingenieros Agronomos

Elecnor

Work highlights

  • Defended an insurer against a claim brought by the policyholders for denying a loss of profit claim.
  • Assisted Amstrut International Underwritters DAC in the creation of a payment protection insurance policy for consumer credit and a payment protection insurance policy for credit cards.

Deloitte Legal

Deloitte Legal handles a breadth of commercial, insurance and reinsurance matters, and possesses expertise in assisting clients with investments and acquisitions as well as regulatory matters. Ignacio Ortiz del Río oversees the practice and is an expert in providing legal and tax advice to domestic and international insurance clients. Carmen Vázquez is a key senior associate in the team; she conducts due diligence reviews of brokers, insurance companies and bank assurance structures. Cristina Jiménez is knowledgeable in corporate reorganisations for international entities, and senior associate Pablo de la Fuente is also noted.

Practice head(s):

Ignacio Ortiz del Río

Other key lawyers:

Carmen Vázquez; Cristina Cristina Jiménez; Pablo de la Fuente

Key clients

AVANZA PREVISIÓN, COMPAÑÍA DE SEGUROS, S.A.

CNP PARTNERS DE SEGUROS Y REASEGUROS, S.A.

RGA SEGUROS GENERALES RURAL, S.A. DE SEGUROS Y REASEGUROS

PELAYO MUTUA DE SEGUROS Y REASEGUROS A PRIMA FIJA

VIDA CAIXA, S.A.U. DE SEGUROS Y REASEGUROS

RSA LUXEMBOURG, S.A. SUCURSAL EN ESPAÑA

ROYAL & SUN ALLIANCE INSURANCE ESTABLECIMIENTO PERMANENTE

ASEFA S.A. SEGUROS Y REASEGUROS

LA UNION ALCOYANA, S.A. DE SEGUROS Y REASEGUROS

A.M.A. AGRUPACIÓN MUTUAL ASEGURADORA

ABANCA VIDA Y PENSIONES DE SEGUROS Y REASEGUROS, S.A.

Work highlights

  • Advised a major insurance company in a 360º regulatory due diligence analysis aimed at evaluating its degree of compliance with a wide range of regulations.
  • Advised a Spanish insurance company on a range of aspects including establishment of the company in 2020.

KPMG Abogados, Spain

The multidisciplinary team at KPMG Abogados, Spain has been further strengthened by the arrival of Francisco Carrasco Bahamonde from Gómez-Acebo & Pombo. The practice has extensive experience in insurance and reinsurance litigation, and often participates in M&A transactions, tax audits and tax restructuring operations. Irene Cao Ruiz is seasoned in providing advice on a wide spectrum of tax matters, while Pilar Galán Gavilá is adept in financial regulation.

Practice head(s):

Irene Cao Ruiz; Pilar Galán Gavilá

Other key lawyers:

Francisco Carrasco Bahamonde

Key clients

SANTANDER MEDIACIÓN OPERADOR DE BANCA-SEGUROS VINCULADO, S.A

SANTANDER SEGUROS Y REASEGUROS COMPAÑÍA ASEGURADORA, S.A.

VIDA-CAIXA, SOCIEDAD ANÓNIMA DE SEGUROS Y REASEGUROS

MUTUA MADRILEÑA AUTOMOVILISTA, SOCIEDAD DE SEGUROS A PRIMA FIJA

ASSITECA BROKER INTERNACIONAL DE SEGUROS SA

Work highlights

  • Advised Santander Mediación, Santander Seguros and other insurance entities and pension funds on the impact assessment and implementation of the new ESG requirements derived from EU regulation.
  • Advised Assiteca, listed on the Milan Stock Exchange, on the acquisition of a prominent Spanish insurance broker.
  • Advised Vida-Caixa and other insurance entities and pension funds on the impact assessment and implementation of the new ESG requirements derived from EU regulation.

LEGSE Abogados

Boutique firm LEGSE Abogados assists domestic and international insurance companies, and has recently handled numerous matters pertaining to health insurance, personal accident insurance and life insurance. The department has also been active in anti-money laundering advice, insurer’s tax representation and insurance policy wording. Segundo Ruiz Rodriguez leads the department, while Paloma Avellán Ruiz de León leads the tax and compliance team, and María Luisa Durán Poblet oversees the litigation department.

Practice head(s):

Segundo Ruiz Rodriguez

Other key lawyers:

Paloma Avellán Ruiz de León; María Luisa Durán Poblet

Testimonials

‘They are a very prepared team with a high level of efficiency. On the other hand, they are very empathic with the needs of the clients.’

‘Personal treatment, availability and predisposition.’

‘A highly integrated and uniform team for all jobs, which gives comfort to clients.’

Key clients

LOMBARD INTERNATIONAL ASSURANCE S.A.

ALLIANZ LIFE LUXEMBOURG, S.A.

UTMOST PANEUROPE DAC

MONUMENT LIFE LIMITED

WEALINS LIFE LUXEMBOURG S.A

LA MONDIALE EUROPARTNER, S.A.

VIDACAIXA S.A.U. DE SEGUROS Y REASEGUROS S.A.U.

PRUDENTIAL INTERNATIONAL ASSURANCE PLC

SEGURCAIXA ADESLAS, S.A. DE SEGUROS Y REASEGUROS

TELEFÓNICA SEGUROS Y REASEGUROS COMPAÑÍA ASEGURADORA, S.A.U.

CREDIT AGRICOLE LIFE INSURANCE (CALI Europe S.A.)

HANSARD EUROPE DAC

SWISSPARTNERS VERSICHERUNG AG

IPTIQ (GROUP SWISS RE)

VHV VERSICHERUNGEN

OCTIUM LIFE DAC

VITIS LIFE S.A.

QUILTER INTERNATIONAL LIFE IRELAND DAC

SEB Life International Assurance Company DAC

CA LIFE EXPERTS, CÍA. SEGUROS Y REASEGUROS S.A.U.

CARMA VIE S.A.

CARMA S.A.|(Assurances CARREFOUR)

ST. JAMES´S PLACE INTERNATIONAL PLC

CARDIF LUX VIE S.A. (BNP PARIBAS GROUP)

CNP SANTANDER INSURANCE EUROPE

CNP SANTANDER INSURANCE LIFE

GOTHAER ALLGEMEINE VERSICHERUNG AG

INTESA SANPAOLO LIFE DAC

CITY INSURANCE

CHUBB EUROPEAN GROUP SE

BESTINVER

CNP PARTNERS DE SEGUROS Y REASEGUROS S.A.

ACUNSA (Asistencia Clínica Universitaria de Navarra S.A. de Seguros y Reaseguros)

VANAMEYDE ESPAÑA, S.A.

VINDEX BUREAU, S.A.

OFESAUTO

DEKRA CLAIMS SERVICES

LEASE PLAN INSURANCE

GRUPO HERRERO BRIGANTINA

Penningtons Manches Cooper LLP

The department at Penningtons Manches Cooper LLP advises Spanish and South American clients and has extensive expertise in contentious and non-contentious matters, particularly in the shipping and aviation sectors. Bernardo Ruiz Lima often handles property, liability and marine insurance matters, and is seasoned in arbitration. Ernesto Rivera is noted for his capabilities in international commercial law and shipping law, and Victor Mata has experience in major third-party liability claims.

Practice head(s):

Bernardo Ruiz Lima; Ernesto Rivera; Victor Mata

Testimonials

‘Excellent management of procedures, outstanding representation in court, as well as extensive experience in out-of-court settlements, mediations and arbitrations.’

‘Victor Mata and Bernardo Ruiz Lima have extensive experience in shipping and transport, international trade and insurance Law. They are innovative, flexible and always get excellent results in conflict resolution.’

Key clients

AIG Europe Limited

Mapfre España S.A.

XL CATLIN- Spain

XL CATLIN México

Grupo BARCELÓ HOTELS

AXA Corporate Solutions (France)

XL CATLIN (France)

ZURICH, Insurance PLC

MS AMLIN (UK)

Navigators & General (Zurich UK Ltd.)

HISCOX, SA

Royal Sun Alliance (RSA)

Rogers & Co. Abogados

Rogers & Co. Abogados regularly advises significant domestic insurers on the full spectrum of insurance issues, and assists a breadth of clients across the shipping and transport sectors. The department, which is overseen by 'excellent professional' David Diez Ramos, is particularly reputed for its strength in marine insurance.

Practice head(s):

David Diez Ramos

Testimonials

‘The firm’s lawyers have great knowledge in the branches of law in which they are specialised, they take their work very seriously and the partners are 100% involved so that each assignment goes perfectly.’

‘They have a quick response time, speak excellent English and will assist with any query even if it needs to be referred on.’

‘David Ramos is always available, knowledgeable and efficient.’

Key clients

Plexus Law

Crawford Legal Services

Axa XL

QBE Insurance (Europe) Ltd

AIG Europe S.A.

Royal Sun Alliance

Reale Seguros S.E.

XL Catlin Services S.E.

Mapfre Global Risks

Work highlights

  • Advised insurers in relation to deaths from gas leaks in a home.
  • Advised insurers on an explosion and catastrophic fire at an industrial plant.
  • Advised various marine insurers on the sinking of vessels.

Wesolowski Abogados

With extensive litigation capabilities, the team at Wesolowski Abogados regularly advises insurance intermediaries and insurance companies on insurance-sector M&A, contractual matters and regulation. Pablo Wesolowski leads the department, with Antonio Wesolowski co-heading the insurance regulation team, and Javier Wesolowski overseeing the insurance litigation team.

Practice head(s):

Pablo Wesolowski

Other key lawyers:

Antonio Wesolowski; Javier Wesolowski

Testimonials

‘It is a pleasure to collaborate with them, they are always attentive and very effective. They are very reliable lawyers.’

‘Pablo Wesolowski is a lawyer with extensive experience in the insurance sector, with very deep knowledge of the market, and with exceptional negotiating skills. For the most complex claims they always find a solution. He immediately captures the essence of the dispute and is a great strategist. The other partners are tremendously effective in the practice of insurance.’

‘Proximity, knowledge of the sector and international experience. It is a team that balances very well with the veterans and the new young partners.’

Key clients

MAXAM CORP

WILLIS TOWERS WATSON

AXIS Specialty Europe SE

ASTERRA PARTNERS

SERVIHABITAT SERVICIOS INMOBILIARIOS

TELEFONICA

UMAS MUTUA DE SEGUROS

ACTIVE COMPAÑÍA DE SEGUROS FAMILIARES

ORTIZ CONSTRUCCIONES Y PROYECTOS

DUAL IBÉRICA

ACUNSA-ASISTENSI

SHERPA CAPITAL

AIG (AMERICAN INTERNATIONAL GROUP)

ACTIVE RE

SAMSUNG

LIBERTY MUTUAL INSURANCE EUROPE

ITOO INSURANCE

SSR IBERIA

TFM CORREDURÍA

EUROINS

Work highlights

  • Advised ORTIZ CONSTRUCIONES Y PROYECTOS in multiple claims in connection with a huge fire in a warehouse.
  • Advised Asterra Partners in connection with its set-up as an insurance broker and also in connection with the client’s losses.
  • Advised Euroins Insurance on all the insurance law aspects of its operations in Spain.