About

A bilingual lawyer that specialises in financial and contract law, Monica Tocarruncho has over 10 years of experience providing legal advice on corporate and insurance matters. Described by her peers as an ‘extraordinary lawyer’, she is well regarded in Colombia’s in-house market for her result-oriented approach to the implementation of regulatory change, restructurings and M&A transactions, as well as her great adaptability, leadership qualities and engaging personality. At the start of her career, Tocarruncho articled for a short period of time at Instituto Colombiano de Ahorro y Vivienda ICAV (the Colombian Institute of Savings and Housing), whilst completing her specialisation in financial law and contract law at her alma mater. She joined the Colombian arm of the global insurance company RSA in 2005 and spent the next three years there working as a legal area coordinator. Apart from her immense contribution to business development initiatives and successful handling of important litigation, arbitration and drafting work, Tocarruncho made her mark on the department with her improvements to the operational pipeline of the business. Toacrruncho developed and created a tool for judicial process control, which allows external lawyers to update information and responsibilities online, and generate reports in Excel with the most important information to present cases to the regulator. To broaden her horizons, Tocarruncho then worked briefly as a paralegal in London, before moving back to RSA to work as a legal manager in Colombia, overseeing the team responsible for the management of contracts, litigation and implementation of new policies. In addition to this role, Tocarruncho also served as a secretary to the board of RSA Dutch Caribbean, based in Curazao. Quickly gaining recognition among her colleagues for the results she generated, she became the general counsel of RSA Colombia in 2012. In 2015, Tocarruncho played an integral role in the year’s most important insurance transaction in Colombia, the sale of RSA’s entire Latin American unit to the Colombian holding Grupo Sura.