Well known for its insurance regulatory expertise, Prieto Abogados' seven-strong department has particular experience in the formation of new (or the acquisition of existing) insurance companies. In January 2023, the firm became a member of Global Insurance Law Connect, an international insurance law network with members in the US, Europe, Asia, Mexico and Brazil; while other recent developments include entering into a formal agreement with RAM Consulting, a Santiago-based insurance consultancy (with operations in Latin America), which allows the firm to expand its range of insurance and reinsurance services. With 20-plus years’ experience in insurance and reinsurance regulation, Patricio Prieto L's practice covers insurance product development, negotiating insurance-related contracts, policy drafting and product design; insolvency specialist Benjamín Grebe represents insured and insurers in credit and business interruption claims; and Fernando Samaniego litigates construction, profit loss and director-and-officer (D&O) claims. The practice further includes director Maite Larrañaga, who specialises in insurance companies’ regulatory aspects.
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Testimonials

Collated independently by Legal 500 research team.

  • ‘They are flexible and know how to find solutions to the problems their clients present to them.’
  • ‘Patricio Prieto L is a prestigious lawyer who knows the market and has access to the regulator.’

Key clients

  • Assurant Chile Compañía de Seguros Generales
  • American Bankers Life Assurance Company of Florida

Work highlights

Advised Electrica Nueva Energía on the third bidding process for its insurance programme.

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Practice head

Patricio Prieto L