Lucas Fajardo > Brigard Urrutia > Bogota, Colombia > Lawyer Profile
Brigard Urrutia Offices
CALLE 70A #4-41
BOGOTA
Colombia
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Lucas Fajardo
Work Department
Insurance and Reinsurance
Position
Partner
Career
Partner at the Insurance and Reinsurance Team of Brigard Urrutia. He has advised several national and foreign companies in the insurance and reinsurance sector on corporate, contractual, and regulatory matters, as well as claims handling. He has provided support to major insurance and reinsurance groups in various matters before the Financial Superintendence, such as the incorporation of insurance companies and insurance and reinsurance brokers, approval of insurance lines of business, opening and liquidation of representative offices, approval of bancassurance contracts, and registration of foreign reinsurers and reinsurance brokers.
He has also advised multiple companies in the real sector on the procurement of insurance programs, ensuring proper coverage for the risks they face.
Languages
Spanish, English and Portuguese
Memberships
He served as president of INSURALEX, the largest global network of insurance and reinsurance law firms, with presence in Europe, North America, Latin America, Asia, and the Middle East, and he is a member of the Colombian Association of Insurance Law – ACOLDESE.
Education
Lucas is a lawyer from Universidad de los Andes. He holds a postgraduate degree in Insurance Law from Pontificia Universidad Javeriana and in Transportation Law from Universidad Externado de Colombia. He graduated from the Master of Comparative and European Law program at Maastricht University in the Netherlands. Additionally, he has been professor of insurance and reinsurance law at important universities in the country, in undergraduate and graduate programs.
Lawyer Rankings
Colombia > Insurance
(Next Generation Partners)The insurance practice at Brigard Urrutia stands out for the ‘agility, depth of response and commitment of its lawyers’, according to satisfied clients. A popular choice for complex or high-stakes mandates — particularly on the non-contentious front — the team is noted for its impressive record in highly regulated transactional matters before the Superintendence of Finance, including M&As and incorporations. The team also excels in advising insurers on product development issues and other regulatory work. Alongside its activity on behalf of insurer clients, the group keeps busy advising insured entities on a mix of regulatory compliance and claims litigation. Irma Rivera Ramírez heads the insurance and reinsurance department, as well as the litigation, arbitration and insolvency department, which ensures that her practice spans a diverse range of regulatory, contractual and claims matters. The group additionally benefits from the specialist experience of next-generation partner Lucas Fajardo, who is ‘an expert in the sector’ and advises on insurance-related corporate, commercial and regulatory issues, as well as claims handling. Fajardo recently advised Everest Re Group on the incorporation process to establish a local insurer. Key supporting associates include senior Juan David Marín, who joined in February 2024 from the Ministry of Finance. Former senior Iván Montenegro left to join Asensi Abogados in November 2023.
Lawyer Rankings
Top Tier Firm Rankings
- Banking and finance
- City focus > Cali
- Capital markets
- Competition and antitrust
- Corporate and M&A
- Energy and natural resources
- Insurance
- Dispute resolution > Litigation
- Projects
- Public law
- Tax
- TMT