‘Experienced, committed, and deeply dedicated’, Brigard Urrutia’s specialist insurance practice ranks among the best in the country. Highly regarded for its breadth of practice, the group stands out for its strong skill sets in regulatory work, transactions and new product development, while it also routinely works hand-in-hand with its dispute resolution lawyers to handle high-stakes insurance litigation. Clients include some of the largest names in both the domestic and global market — including Liberty Mutual and Munich Re — and it also continues to grow its share of the market, adding eight new clients during 2024/25. Department head Lucas Fajardo is ’establishing himself as one of Colombia’s leading insurance lawyers’; he recently advised Grupo Habitat (a joint venture between Cámara Chilena de la Construcción and Prudential Financial) on proceedings held before the Superintendence of Finance to obtain approval for the incorporation new local life insurer, Andina Compañía de Seguros de Vida. In April 2025, Insurance litigator Irma Rivera-Ramírez left to go freelance, while insurance-focused senior associate Juan David Marín moved in house.
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Testimonials
Collated independently by Legal 500 research team.
‘Brigard Urrutia did an excellent job in the incorporation process for our new insurance company. Thanks to this team of legal advisers, we were able to establish our company in record time.’
‘The team is senior, experienced, committed, and deeply dedicated to service. I have the highest opinion of Lucas Fajardo, who is establishing himself as one of Colombia's leading insurance lawyers.’
‘Lucas Fajardo is a very experienced and knowledgeable partner. He is very involved and the quality of his work is very good.’
‘Brigard Urrutia’s insurance and reinsurance team is first-class. Lawyers are attentive to every detail and address each inquiry in a comprehensive, precise, and excellent manner. Lucas Fajardo is one of the best insurance and reinsurance lawyers in Latin America.’
‘Lucas Fajardo is always available, and he is a very good lawyer with a lot of experience in the insurance business.’
Key clients
- Grupo Habitat (AAISA – Administradora Americana de Inversiones).
- Everest Re Group
- Coface Colombia Seguros de Crédito
- Assurant Inc.
- Munich Re.
- Sociedad Puerto Industrial Aguadulce
- Liberty Mutual Insurance Company
- QBE Insurance Group
- Lloyd’s
- Drummond (Drummond, Ltd. – Drummond Energy, Inc.)
Work highlights
Advised Grupo Habitat (AAISA – Administradora Americana de Inversiones) on obtaining regulatory approvals for the incorporation of new life insurer, Andina Compañía de Seguros de Vida.
Advised QBE Insurance Group on various matters, including on a maritime claim with significant financial stakes.
Advised Munich Re’s representative office in Colombia on navigating regulatory frameworks and managing reinsurance agreements, among other matters.
Lawyers
Leading partners
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Practice head
Lucas Fajardo