IBETH TORRES > Osterling Abogados > Lima, Peru > Lawyer Profile

Osterling Abogados
AV. SANTO TORIBIO 143
PISO 3. SAN ISIDRO
LIMA 27
Peru

Work Department

(Re)Insurance

Position

Senior associate

Career

Ibeth is an associate with the Corporate Law area of Osterling Abogados. She specializes in regulatory and commercial matters of insurance and reinsurance and corporate compliance matters for regulated companies. She also has experience in Administrative Law and Corporate Law.

In her career development, Ibeth has provided legal advice and support to different business areas of insurance companies, mainly analyzing and handling claims and complaints, as well as in adjustments, negotiations and transactions related, preparation and alignment of insurance policies, marketing insurance contracts, evaluation and implementation of standards and regulatory requirements including advice and training of staff and development of internal procedures. Also, she has participated as legal counsel of insurance companies in civil and commercial disputes in several Peruvian courts and arbitrations and administrative procedures before the National Institute for the Defence of Competition and Protection of Intellectual Property Indecopi and Defensoria del Asegurado.

Languages

Spanish | English

Memberships

Lima Bar Association

Education

Law degree, Universidad Nacional Mayor de San Marcos, 2005

Lawyer Rankings

Peru > Insurance

Domestic firm Osterling Abogados has a longstanding reputation in this arena and consequently, is lead counsel to Peru’s largest insurer Rímac Seguros y Reaseguros (Rimac). Its extensive client roster also includes several global industry names such as Allianz, AXA and Gallagher, indicative of the international capability of the practice – the team is knowledgeable in UK, US and Bermudan insurance law. While the firm advises across the board of insurance and reinsurance issues, including incorporation, M&A, underwriting and regulatory affairs, it is particularly strong in litigation and arbitration, where practice co-head Enrique Ferrando is pre-eminent. Fellow co-head Gabriel Loli advises on all aspects of the practice, with specialist experience in construction and engineering. Both partners are leading the defence of Rimac in arbitration with a large private electric power distribution company regarding payment of a $30m indemnity resulting from a loss occasioned during the construction of an underground hydroelectric power plant in Cuzco. An eight-strong associate bench includes recent hire Ibeth Torres, a senior associate formerly at Coface.