Insurance in Spain

Clyde & Co LLP

Clyde & Co LLP is equipped to handle the gamut of contentious, regulatory and transactional insurance matters. The team’s wide-ranging expertise covers mandates involving aviation, shipping, transport, professional liability, financial lines, medical malpractice and personal injury. Leadership is shared between Miguel Relaño, Enrique NavarroIsabel Burón and Luis Enrique Rodríguez. Relaño handles claims involving construction, property, fire and professional liability; Navarro specialises in transportation law and professional indemnity matters; Burón leads the firm’s medical malpractice and health department; and Rodríguez, for his part, majors in insurance dispute resolution and policy coverage advice in the energy and construction sectors. Ignacio Figuerol, Ricardo Garrido, Susana Martínez and Jesús Iglesias left the firm in May 2024.

Practice head(s):

Miguel Relaño; Enrique Navarro; Isabel Burón; Luis Enrique Rodríguez


Key clients

AXA Seguros


Zurich Insurance (FOS)


Línea Directa


AIG


Allianz


AXA XL


Chubb


Mapfre


Segur Caixa


QBE


Beazley Group


Generali


Sanitas


Work highlights


  • Acted on behalf of AXA Seguros as the insurer of the La Palma Local Authority in over 200 claims arising from the numerous damages produced by the eruption of the Cumbre Vieja volcano in La Palma in 2021.
  • Advised AXA XL in connection with the collapse of DHL’s warehouses in Toledo due to extratropical cyclone Filomena, which brought unusually heavy snowfall to parts of Portugal and Spain in January 2021.
  • Defended Zurich Insurance with respect to the freight liability potential loss notified by Maersk/Damco under their freight liability insurance policy.

Kennedys

The team at Kennedys, which is noted for its ‘very high technical qualification and extensive experience’, advises on a wide variety of contentious and non-contentious insurance mandates involving the real estate, financial and healthcare segments. Following the May 2024 arrivals of Ignacio Figuerol, Ricardo Garrido, Susana Martínez and Jesús Iglesias from Clyde & Co, the practice is jointly led by the aforementioned lawyers as well as Isidoro Ugena. Figuerol, Garrido, Martínez and Ugena all routinely handle contentious and non-contentious matters. Alicia Fole is an additional key contact for medical malpractice work.

Practice head(s):

Isidoro Ugena; Alfonso de Ramos; Ignacio Figuerol; Ricardo Garrido; Susana Martínez; Jesús Iglesias


Other key lawyers:

Alicia Fole; Marta Uriarte


Testimonials

‘Broad international coverage. The firm operates in all relevant markets and is superior in this area.’

‘Very high technical qualification and extensive experience.’

‘Marta Uriarte: impeccable, detailed, intelligent, practical work.’

Key clients

AIG Europe Spain


Swiss Re International Spain


QBE UK


HDI GLOBAL


Previsora General MPS


IF


Starr Europe Insurance


Beazley


Berkshire Hathaway


RSA


Munich RE


Pérez-Llorca

The ‘highly reputable’ team at Pérez-Llorca routinely handles a range of corporate, regulatory, and litigation mandates in the insurance and reinsurance space. Joaquín Ruiz Echauri heads up the group; his broad practice covers M&A transactions, bancassurance alliances, portfolio transfers, reorganisations, product design and contracts advice, and litigation. Also noted are ‘reliable insurance regulatory partner’ Rafael Fernández; transactional and regulatory specialist Felipe Vázquez, who joined the firm from Hogan Lovells Spain in June 2024; and Jesús Almarcha, who handles national and international regulatory matters in the insurance sector.

Practice head(s):

Joaquín Ruiz Echauri


Other key lawyers:

Felipe Vázquez; Rafael Fernández; Jesús Almarcha


Testimonials

‘Pérez-Llorca is an extremely reliable law firm known for its exceptional support to clients in a timely manner, even with tight deadlines. They consistently meet the requested deadlines and time frames. Pérez-Llorca possesses extensive expertise in insurance regulatory and transactional matters, making them a pleasure to work with. Their insurance regulatory practice is highly reputable and well-known.’

‘Felipe Vázquez – Very skilled and well-known partner for regulatory insurance advice and insurance-related transactions. He is the partner to go for insurance transactions.’

‘Rafael Fernández – reliable insurance regulatory partner who is a pleasure to work with. Jesús Almarcha – excellent legal advice from this associate. Joaquín Ruiz Echauri – one of the most well-known and reputable insurance practitioners in Spain. Everyone in the market knows him.’

‘Availability, promptness in response, willingness to help and clarity of work in a field as complex as insurance.’

‘Their team demonstrates deep sector-specific knowledge that adds significant value to our daily operations, highlighting their ability to anticipate legal problems before they arise. Also noteworthy is their speed of response and ability to simplify complex legal matters, which facilitates internal decision-making.’

‘This is a highly specialised insurance team, with a high commitment to the client. Always willing to collaborate. Their advice on insurance law is highly appreciated in our organization because of the trust it gives us.’

‘Joaquín Ruiz Echauri is a professional with extensive knowledge of insurance law and the sector. He has very good personal relationships with his clients, which conveys a great deal of confidence.’

‘The team has a sufficient number of professionals, adequately trained and instructed in their practice. The entire team works well and coordinates with each other, which favours the completion of the assigned tasks with an output of excellent quality.’

Key clients

AIG


Allianz


Axa


Dual


Everest


Hotelbeds


Liberty


Markel


Work highlights


  • Advised Liberty Mutual on the €2.3bn sale of Liberty Seguros’ operations in Spain, Portugal, and Ireland.
  • Advised VidaCaixa on transferring its life insurance business in Sa Nostra to Medvida Partners.
  • Advised PIB Group on acquiring several insurance brokerages in Spain and Portugal, including JS Consultores and Joaquín Moné Foz Correduría de Seguros.

Azsure Abogados SLP

‘Prompt and direct accessibility, flexibility’ and ‘deep knowledge’ are the calling cards of the team at Azsure Abogados SLP, which offers advice on the full range of insurance matters to a host of domestic and international insurance companies and policyholders. Particular areas of focus include claims resulting from natural disasters, industrial accidents and engineering defects. The practice is directed by Jesús Vélez, who is lauded as a ‘very good technician and extremely reliable’ and specialises in insurance litigation, policy wording and the adaptation of policies to Spanish law. Javier Goizueta is an additional key contact for M&A transactions and disputes.

Practice head(s):

Jesús Vélez


Other key lawyers:

José María Arauz; Javier Goizueta


Testimonials

‘Azsure is an unique firm in the Spanish legal environment. They have a lot of experience, knowledge and contacts in the insurance industry. They are also very proactive and marketing-oriented, and have a very good reputation in the industry.’

‘Jesús Vélez is a kind person and a fantastic professional. He is able to establish good relationships with clients and to manage very large and complex cases at EU-level.’

‘Azsure is a highly efficient and professional firm. Although they cover many areas of professional practice, they are particularly expert in the area of ​​insurance, in which they have many years of expertise. We cannot fail to highlight that Azsure’s lawyers cultivate excellence among their main values.’

DAC Beachcroft LLP

DAC Beachcroft LLP’s insurance team is adept at handling policy wording mandates and coverage disputes. Particular areas of expertise for the group include claims relating to construction, employer liability, medical negligence, personal injury and public administration. Leadership is shared between a group of eight practitioners, comprising José María Álvarez-Cienfuegos and Pilar Rodríguez, who focus on contentious work, Pablo Guillén, a name to note for compliance and policy drafting issues, José María Pimentel, a key contact for personal injury and professional indemnity claims, and healthcare regulatory department lead Igor Pinedo. Eduardo Asensi, Julio Albi and Iñigo Cid-Luna complete the senior team.

Practice head(s):

José María Álvarez-Cienfuegos; Pablo Guillén; José María Pimentel; Pilar Rodríguez; Eduardo Asensi; Julio Albi; Iñigo Cid-Luna; Igor Pinedo


Other key lawyers:

Pablo Herranz


Testimonials

‘The lawyers have so much experience in health insurance that they often seem like doctors, which gives them a certain solvency when going to trial that is undoubtedly decisive.’

‘This is one of the leading firms in the field of insurance, more specifically in the practice of financial lines. It has a team of fantastic professionals with great knowledge and experience in the field and with a proactive attitude in management with companies.’

‘DACB has a solid financial lines team led by Pablo Guillén, who is one of the market leaders in this practice. With vast experience in D&O, professional liability, financial institutions, etc., he is always available and willing to help. This line of work is the same as that followed in his department by its members, among whom I would highlight Pablo Herranz. Younger, but with extensive experience and who maintains fluid information with the company.’

Garrigues

The insurance team at Garrigues is frequently engaged in regulatory, transactional and contentious mandates involving the insurance sector. Bancassurance agreements and reinsurance transactions are core areas of strength for the group. Álvaro López-Jorrín and Mónica Martín De Vidales share leadership of the practice. López-Jorrín specialises in corporate and commercial law, insurance contracts, and insurance regulatory matters. The ‘fully committed’ Arnau Tapias Monné is a key contact for domestic and cross-border M&A, insurance law, corporate governance, and private equity transactions.

Practice head(s):

Álvaro López-Jorrín; Mónica Martín de Vidales


Other key lawyers:

Arnau Tapias Monné


Testimonials

‘I deal directly with Arnau Tapias Monné. He is a partner who is fully committed to providing the best service to his clients. Technically, he is a lawyer who not only masters the insurance area perfectly, but who also proposes solutions to problems that make sense to the sales team, being very proactive.’

‘Technical knowledge and knowledge of our products and internal context. Trust.’

Key clients

CREDENDO


Sanitas (BUPA)


Adeslas


Swiss Life AG


BTG Pactual Reinsurance


Mutua Madrileña


Aegon


Allianz


Generali


Helvetia


Igualatorio Cantabria


Munich Re, Branch in Spain


Mutuavenir


Pelayo Mutua de Seguros a Prima Fija


Plus Ultra


Surne


Zurich


Bansabadell Seguros Generales & Vida


Banco Santander


BBVA


BBVA Seguros


Gerocaixa


Kutxabank


La Caixa / Vidacaixa


Sabadell


AXA


Reale


Linea Directa Aseguradora


Work highlights


  • Advised AXA on its €634m merger with GACM Seguros Generales, Compañía de Seguros y Reaseguros.
  • Advised BBVA on its indirect acquisition of Bansabadell Vida as a result of the takeover bid over Banco Sabadell.
  • Advised BTG Pactual on several reinsurance agreements with a combined value of more than €140m.

Herbert Smith Freehills LLP

The ‘excellent’ team at Herbert Smith Freehills LLP is noted for providing corporate policyholders, brokers, insurers and reinsurers alike with support on contentious, transactional and regulatory insurance mandates. Alejandra Galdos steers the practice and specialises in advisory work and policyholder claims in the energy, construction and engineering sectors. Litigator Paulino Fajardo is also noted. The department was notably strengthened in July 2024 with the arrival of Jaime Bofill and three other lawyers from CMS Albiñana y Suárez de Lezo. Bofill excels in litigation, M&A, the creation of joint ventures and business restructuring in the insurance sector.

Practice head(s):

Alejandra Galdos


Other key lawyers:

Paulino Fajardo; Jaime Bofill


Testimonials

‘The firm stands out from the rest due to the high level of knowledge of its partners in the field of insurance as well as the training they offer their clients.’

‘Human team. High knowledge of the subject. Paulino Fajardo and Alejandra Galdos should be highlighted.’

‘The team is excellent and shows total involvement in the assignments they carry out with us, having immediate availability and a very short margin of action, which helps to speed up the time to complete the required tasks.’

‘The professional quality of the team and their knowledge of the sector. They are serious and committed people with a huge professional background and a very high professional quality.’

Key clients

HDI Global SE, Sucursal en España


Aserta


PIB Group Spain (UK)


COSENTINO INDUSTRIAL


Sacyr


Solarig Global Services


Solaria Energía y Medioambiente


QBE European Operations


Atlantica Sustainable Infrastructure


Work highlights


  • Represented a joint venture set up by Sacyr Industrial and Solarig Global in a cover dispute for damages arising out of defective equipment affecting three different plants.
  • Represented SOLARIA in proceedings brought against Allianz.
  • Advised PIB on the acquisition of several insurance brokers located throughout Spain.

Hogan Lovells Spain

Highlighted for its ‘rigour and professionalism’, the team at Hogan Lovells Spain is routinely active in corporate transactions and regulatory mandates involving the insurance sector. Providing advisory support on the launch and distribution of insurance products is an additional area of expertise. ‘Magnificent lawyer’ Pablo Muelas spearheads the group and draws on experience as deputy director for insurance regulation at the Spanish insurance supervisory authority. Muelas specialises in reinsurance, compliance, M&A transactions and other corporate insurance matters.

Practice head(s):

Pablo Muelas


Testimonials

‘This is a professional firm, which makes us satisfied. It is a specialist in the insurance field that provides a service with rigour and professionalism.’

‘Closeness and extensive knowledge of the sector. Pablo Muelas, the managing partner, is a magnificent lawyer who provides a good service to our association.’

‘Hogan Lovells has understood our business, provides us with excellent advice in real-time, has a large team in Spain and in the countries where we operate and is able to guide us in any of the legal areas from the regulatory, commercial, tax, data protection, etc.’

‘What sets this firm apart from others is undoubtedly its ability to handle complex and sophisticated issues. The fact that its coordinating partner, Pablo Muelas, was deputy director at the Spanish supervisory authority, allows him to have an internal and in-depth knowledge of the regulation and how it should be interpreted for complex matters.’

‘HL is a firm that has had extensive experience in the field of insurance for a long time, so the reason why our company prefers to work with HL is because of the high level of its competence.’

‘They fundamentally provide analytical capacity, rigour and speed.’

‘Pablo Muelas stands out for the excellence of his work. He understands the problem, studies it from different perspectives and suggests different solutions with a clear prioritisation of the most appropriate ones.’

‘The HL insurance team is a spectacle in every sense, knowledge, empathy, dedication, relationships, compliance … their performance always shows a spectacular degree of professionalism.’

Key clients

ASNEF


CNP Assurances/CNP Caution


Santander Consumer Finance


FIATC


Abanca Vida y Pensiones and Abanca Seguros Generales


Intesa Sanpaolo


Barents Re


Arcano


Ergo


Inversiones Atlántida


Swiss Life


Rastreator


AECS


Aura Seguros


AXA Mediterranean Holding, S.A.


MAPFRE VIDA S.A. and MAPFRE, S.A.


AliExpress


PURÍSIMA CONCEPCION, MUTUALIDAD DE PREVISION SOCIAL


Santa Lucía S.A., Compañía de Seguros y Reaseguros, S.A.


Starr Europe Insurance Limited


Work highlights


  • Represented AGCS in its capacity as insurer of Administrador de Infraestructuras Ferroviarias regarding the possible liability of ADIF in relation to a train derailment.
  • Assisted INTESA SANPAOLO with its development in the Spanish market.

Uría Menéndez

The expertise of the ‘exceptional’ group at Uría Menéndez encompasses corporate and M&A transactions in the insurance space, insurance and reinsurance litigation, and regulatory work. Guillermo San Pedro steers the practice and covers domestic and cross-border M&A, bancassurance joint ventures and regulatory matters. Also noted are Jaime Del Fraile, who shares San Pedro’s areas of expertise, and Julio Iglesias, who is skilled in litigation and arbitration regarding civil and commercial matters.

Practice head(s):

Guillermo San Pedro


Other key lawyers:

Jaime del Fraile; Julio Iglesias


Testimonials

‘Excellent legal understanding and support.’

‘Very fast and good response time.’

‘The Uría team is an exceptional team, both in terms of professionalism and human quality. They have great knowledge of the subject, they are very professional, they always pay attention to detail and their goal is to achieve excellent work. Their motto is excellence, and they achieve it with very hard and constant work, and, in my opinion, that is what sets them apart from the rest.’

‘I would highlight the partner, Guillermo San Pedro, and the counsel, Jaime del Fraile, for their great work, great knowledge, for being great lawyers, and their professional excellence. In my opinion, they form a magnificent team. They always achieve great work.’

‘Knowledge of the subject matter. Their experience is very important in providing quality solutions to their clients. The team members have great knowledge of the subject matter, providing clients and partners with very valid opinions.’

‘The accessibility of partners and the high qualification of the staff assigned to provide the service stand out’.

Key clients

Santander Seguros y Reaseguros, Compañía Aseguradora


Vida-Caixa, S.A.U. de Seguros y Reaseguros


Banco Santander


CaixaBank


Abanca Corporación Bancaria


Criteria Caixa


Helvetia Schweizerische Versicherungsgesellschaft AG


Zurich Insurance Plc, Sucursal en España


Zurich Vida, Compañía de Seguros y Reaseguros


ING Bank NV, Sucursal en España


KKR & Co. Inc.


Mutualidad de Previsión Social Fondo de Asistencia Mutua del Colegio de Ingenieros de Caminos, Canales y Puertos


Mutualidad General de la Abogacía, Mutualidad de Previsión Social a Prima Fija


Tecnologías de la Información y Redes para las Entidades Aseguradoras (TIREA)


Unión Española de Entidades Aseguradoras y Reaseguradoras (UNESPA)


Unicaja Banco


Unicorp Vida Compañía de Seguros y Reaseguros


Ashurst LLP

Ashurst LLP‘s insurance capabilities are centred on M&A transactions of insurance and reinsurance companies, insurance distribution and bancassurance agreements, and regulatory mandates. Insurance and reinsurance companies, banks and other financial institutions feature on the group’s client roster. Corporate practitioner Pedro Ester oversees the practice and draws on experience in bancassurance matters and M&A and private equity transactions. María José Menéndez retired from the partnership in October 2023, but continues to support the firm on an advisory basis.

Practice head(s):

Pedro Ester


Key clients

Nationale Nederlanden


Deutsche Bank


AEGON


PIB Group


JP Morgan


Certa Insurance


Generali Investment Partners SGR S.p.A


BMS Group


CaixaBank S.A.


Reale Mutua


Mediterráneo Vida


Elliott Advisors


Aviva


VidaCaixa, S.A.U. de Seguros y Reaseguros


Elliott Advisors UK Limited


doValue S.p.a.


Canada Life Assurance Company


Santalucía


Pelayo Seguros


Work highlights


  • Advised an international client on the coverage of a warranties and indemnities insurance policy for an approximate value of €30m.
  • Advised BMS Group on the vendor’s due diligence, management incentive package and various regulatory issues in relation to the acquisition by Eurazeo of up to 34% in BMS Group.

Bird & Bird

Noted for its ‘customer orientation, accessibility’ and ‘technical knowledge’, the team at Bird & Bird handles transactional, regulatory and contentious insurance work. Insurers and reinsurers, brokers and companies involved in insurance coverage disputes frequently look to the group for support. Practice head Luis Alfonso Fernández specialises in insurance and reinsurance coverage disputes, tort law, industrial losses, aviation claims and professional liability matters. Virginia Martínez offers across-the-board support in insurance regulatory, corporate and litigation matters.

Practice head(s):

Luis Alfonso Fernández


Other key lawyers:

Virginia Martínez


Testimonials

‘Ease of interaction with various jurisdictions, providing access to the most appropriate team members to address the problem at hand.’

‘Customer orientation, accessibility, technical knowledge and practical application to customer needs.’

Key clients

AXA


Tokio Marine Europe


HDI


Mapfre


Generali


OVB


Vidacaixa


Zurich


Assek Europe


AmTrust


Nordic Guarantee


Continental Assist


Liberty Mutual Surety


ANV


AXA XL


RSA


Work highlights


  • Advised Assek Europe on the authorisation to operate as an insurer in Spain.
  • Advised Continental Assist LLC, a US-based travel assistance company, on its establishment in Spain.

Blanco & Asociados Abogados

Insurance, reinsurance, brokerage companies and insured multinationals frequently look to Blanco & Asociados Abogados for representation in contentious insurance mandates. The practice, which garners praise for its ‘great technical and practical knowledge’, is co-led by Fernando Blanco Giraldo and Fernando Blanco Gamella, both of whom specialise in insurance litigation. Also noted is Adrián Martínez de Velasco González, who has focused his practice on transport, cyber and distribution regulations in the context of insurance law.

Practice head(s):

Fernando Blanco Giraldo; Fernando Blanco Gamella


Other key lawyers:

Adrián Martínez de Velasco González


Testimonials

‘It is a firm with extensive knowledge of insurance law.’

‘Fernando Blanco Giraldo, in addition to being a great professional, is always attentive to the needs of his clients at all times, offering customized solutions for each case.’

‘Deep knowledge of the insurance contracts. Design of alternative strategies.’

Key clients

Lloyd’s Insurance Company


W.R Berkley Spain


Segurcaixa Adeslas


Allianz Global Corporate & Speciality


Zurich Insurance


Hiscox


Willis Towers Watson


Coca Cola Europacific Partners


Amazon


Acs Group


Melia Hotels International Hotels


Acciona


Corporación Gestamp


Volkswagen Versicherung


Sacyr


Global Dominion


Maxam


Ursa Insulation


Work highlights


  • Advised Melia International Hotels on a claim for property damage and loss of profits resulting from economic losses caused by Covid.
  • Advised Adecose on various regulatory issues following the incorporation into Spanish law of EU Directive 2016/97.

Clifford Chance

Clifford Chance’s team is well placed to advise insurers, insurance brokers, distributors, banks and pension funds on corporate and M&A transactions and regulatory mandates. The group, which is noted for its capacity to provide ‘savvy and detailed advice on complex insurance issues’, is jointly led by Jaime Velázquez and Miguel Barredo, both of whom specialise in M&A transactions and corporate governance. Also noted is Juan Valcárcel, who is praised for his ‘strong legal skills and deep market knowledge’ and is knowledgable in bancassurance agreements and portfolio transfers.

Practice head(s):

Jaime Velázquez; Miguel Barredo


Other key lawyers:

Juan Valcárcel


Testimonials

‘I would highlight the expertise of the lawyers who advise us and their availability to the client. Adapting the criteria to the needs of the client’s business.’

‘Clifford Chance’s team is a top-notch corporate and regulatory insurance team, providing savvy and detailed advice on complex insurance issues. They are also very good in putting their state-of-the-art technological resources to the use of their clients, in particular in the context of insurance regulatory filings.’

‘CC’s team is very deep and thorough in their insurance advice, and very quick to respond and provide feedback on very complex issues. All members of the team, from senior lawyers to junior associates are quick, responsible, responsive and savvy and show deep involvement and commitment. I would like to highlight, in this respect, Miguel Barredo, who is wise beyond his years in providing knowledgeable and sensible advice to very senior and demanding clients.’

Key clients

Generali


AXA


Angelo Gordon


Westmont Hospitality


Carrefour


Mutua Madrileña


Abanca


BNP Paribas


Zurich


Domestic & General


Mapfre


Sanitas


Fidelidade


Banca March


Work highlights


  • Advised Generali on the acquisition of Liberty Seguros, the Spanish insurance company operating in Spain, Portugal, Ireland and Northern Ireland from Liberty Mutual, for €2.3bn.
  • Advised Abanca Corporación Bancaria on the acquisition of Portuguese bank EuroBIC, including its insurance distribution business.
  • Advised J.P. Morgan and BNP Paribas on the inaugural issue by Atradius Crédito y Caución S.A. de Seguros y Reaseguros of a €300m Tier 2 subordinated notes issuance.

Cuatrecasas

Cuatrecasas‘s team regularly advises insurers, lenders, brokers, manufacturers and credit agencies on regulatory matters, M&A transactions and disputes involving the insurance and reinsurance sectors. Practice head Ruth Duque specialises in M&A transactions, reinsurance agreements, portfolio assignments, reorganisations and corporate matters. Other key contacts include tax specialist Rebeca RodríguezCarlos Bonhome, who assists insurers and banks with commercial and regulatory matters, and Amara Odériz, who handles regulatory and tax advisory work, asset planning and financing transactions.

Practice head(s):

Ruth Duque


Other key lawyers:

Rebeca Rodríguez; Carlos Bonhome; Amara Odériz


Key clients

Liberty


Occident (Catalana Occidente)


Söderberg and Partners


Previsión Sanitaria Nacional (PSN)


Medvida Partners


ROYAL & SUN Alliance


Mutua de Propietarios


AIG


Europ Assitance


Lloyds of London


Línea Directa Aseguradora


BNP Paribas Cardif


Work highlights


  • Advised Catalana Occidente on its purchase of Liberty Seguros.
  • Advised Stellantis Group on the development of new insurance products in the field of motor car insurance liability, extended warranties and credit protection insurance.

Gómez-Acebo & Pombo

The team at Gómez-Acebo & Pombo is well positioned to advise on a range of insurance mandates, including M&A transactions, insurance mediation and bancassurance, securities-related insurance, regulatory issues, and policy drafting and negotiation. Leadership of the group is shared between Ana Martínez-Pina and managing partner Iñigo Erláiz. Martínez-Pina specialises in financial and accounting regulation and audit supervision, acting on behalf of insurance entities and pension funds, credit institutions, asset managers and investment firms. Erláiz handles M&A transactions involving insurance companies and bancassurance agreements.

Practice head(s):

Ana Martínez-Pina; Iñigo Erlaiz


Key clients

Banco Santander


Caser


Abanca Generales De Seguros Y Reaseguros, S.A.


Mutual Médica, Mutualidad De Prevision Social A Prima Fija


Avanza Previsión, Compañía De Seguros, S.A.


Admiral Europe, Compañía De Seguros


Intesa Sanpaolo Life Dac


Generali España, Sociedad Anónima De Seguros Y Reaseguros


Segurcaixa Adeslas, Sociedad Anonima De Seguros Y Reaseguros


Aura, Sociedad Anonima De Seguros


Aig Europe S.A. Sucursal España


UBS Europe SE, Sucursal En España


Mediterraneo Vida, Sociedad Anonima De Seguros Y Reaseguros


Santander Vida Seguros Y Reaseguros, S.A.


La Alianza Española S.A. De Seguros


Mgs, Seguros Y Reaseguros, S.A.


La Alianza Española S.A. De Seguros


Mgs, Seguros Y Reaseguros, S.A.


Muñoz Arribas Abogados S.L.P.

Praised for the ‘closeness of its partners and the immediacy of its responses’, the team at Muñoz Arribas Abogados S.L.P. assists domestic and international insurance companies and policyholders with claims and arbitration relating to healthcare, construction, environmental civil liability and employer liability. Key contacts include Jose Antonio Muñoz Villarreal, who advises on insurance and employers’ liability matters, corporate department lead Alberto Muñoz Villarreal, who brings wide-ranging insurance expertise to the table, and Bernardo Ybarra, who specialises in personal injury, medical malpractice and professional liability mandates.

Other key lawyers:

José Antonio Muñoz Villarreal; Francisco Javier Muñoz; Alberto Muñoz Villarreal; Bernardo Ybarra; Ismael Valera


Testimonials

‘The Muñoz Arribas team provides us with new developments from both the management and training perspectives, with significant involvement and continuous and very positive advice. We receive constant feedback on the issues they deal with and their contributions are very timely and of high added value.’

‘The best quality is the transparency and pleasant and simple treatment of its people, in addition to their high professionalism.’

‘This is a leading firm in the sector for many years. Among the best in the country for work accidents and professional civil liability. It is mainly differentiated from its competitors by the closeness of its partners and the immediacy of its responses, as well as the ability to keep each procedure duly informed and updated.’

‘José Antonio Muñoz Villarreal and Francisco Javier Muñoz – extensive knowledge and experience in the insurance sector.’

‘Muñoz Arribas has one of the best-known and most reputable groups of professionals in the insurance sector in its team. They have been working on the panels of various companies for many years and enjoy a high prestige in the sector. In addition, the firm frequently organises training and debate events that allow professionals in the market to share experiences and stay up to date.’

‘José Antonio Muñoz Villarreal continues to be a benchmark in the insurance market and remains fully available for any questions on matters of his management. Also outstanding in the team are Alberto Muñoz Villarreal, an expert in new technologies, Francisco Javier Muñoz for matters of constructive liability, Bernardo Ybarra, a great expert in civil liability, especially in health matters, and Ismael Valera in labour law.’

Key clients

HDI


Hiscox


Mapfre


QBE


AIG


Relyens


Xl


Generali


AIG


Liberty


Deloitte Legal

The ‘fast, practical and commercial’ team at Deloitte Legal regularly assists insurance players with acquisitions and investments, as well as operational and regulatory matters. Leading the practice is Ignacio Ortiz del Río, who provides Spanish and foreign insurance entities with regulatory and tax advice. Pablo de la Fuente is the key name to note at the senior associate level.

Practice head(s):

Ignacio Ortiz del Río


Other key lawyers:

Pablo de la Fuente


Testimonials

‘They have extensive knowledge of regulatory issues, which is what helps us in the relationship we have with them. They are fast, practical and commercial.’

‘High strength in insurance matters, both in tax and regulatory matters.’

‘Lawyers specialised only in the insurance sector, they are not generalists in financial law as happens in other firms, which allows them to always focus on the specific needs of the insurance sector.’

Key clients

Mutua Madrileña Automovilista, Sociedad De Seguros a Prima Fija


Dkv Seguros y Reaseguros Sociedad Anónima Española


Helvetia Compañía Suiza, Sociedad Anónima De Seguros Y Reaseguros


Santander Pensiones S.A., Egfp


Ges Seguros y Reaseguros, S.A.


Santander Vida, S.A. And Santander Generales, S.A.


Bansabadell Vida Sa De Seguros Y Reaseguros


Segurcaixa Adeslas, Sociedad Anonima De Seguros Y Reaseguros.


HDI Global – Sucursal En España


Fiatc Mutua De Seguros Y Reaseguros.


Work highlights


  • Advised GES on the acquisition of a Spanish insurance company.

KPMG Abogados, Spain

Noted for its ‘technical capacity’ and ‘ability to offer innovative solutions’, KPMG Abogados, Spain advises on regulatory and tax aspects, and represents clients in insurance and reinsurance litigation. The team is under the joint leadership of María Pilar Galán Gavilá, who handles commercial and regulatory matters related on behalf of insurance entities, and Irene Cao Ruiz, who provides tax advisory services to banking and insurance-sector clients.

Practice head(s):

María Pilar Galán Gavilá; Irene Cao Ruiz


Testimonials

‘Technical capacity, ability to offer innovative solutions, proximity, trust.’

Key clients

Santander Vida Seguros y Reaseguros


Santander Vida Seguros y Reaseguros


Allianz Partners SAS


Santander Consumer Finance, Operador de Banca-Seguros Vinculado


Santander Mediación Operador de Banca-Seguros Vinculado


VidaCaixa, Seguros y Reaseguros


Hannover Rück Sucursal en España, Correduría de Reaseguros


Crédit Agricole


Work highlights


  • Advised a number of major insurance companies in Spain on the design and distribution of Credit Protection Insurance products.
  • Represented Allianz in a €5m insurance litigation case regarding medical malpractice over a newborn child.
  • Assisted Santander Vida Seguros y Reaseguros and Santander Generales, Seguros y Reaseguros with an inspection launched by the Insurance Spanish Supervisory authority.

LEGSE Abogados

Boutique firm LEGSE Abogados is a popular destination for domestic and international insurers seeking advice on litigation, policy drafting, insurance fraud, as well as health, life and automobile insurance. Segundo Ruiz Rodriguez leads the practice. María Luisa Durán Poblet focuses on insurance litigation, while Paloma Avellán Ruiz de León has extensive experience in tax and compliance matters.

Practice head(s):

Segundo Ruiz Rodríguez


Other key lawyers:

María Luisa Durán Poblet; Paloma Avellán Ruiz de León


Testimonials

‘This is a firm that offers a top service in the insurance sector in Spain. We have been working together for many years with total satisfaction.’

‘In terms of insurance beating clauses, they are at the highest level, outstanding. Extensive legal knowledge in insurance matters.’

‘The team of lawyers at Legse is made up of highly specialised professionals in various areas of business law, with extensive experience acquired in legal practice as well as in professional development and collaboration in top-level international companies. They also combine the practice of law with teaching in different professional fields. The firm has extensive knowledge of the subjects it works on, developing in depth all the tasks entrusted to it.’

Penningtons Manches Cooper LLP

Penningtons Manches Cooper LLP's practice group is frequently instructed by clients in the energy, shipping, aviation, logistics and construction sectors seeking assistance with a range of contentious and non-contentious insurance mandates. Bernardo Ruiz LimaVictor Mata and Ann Marsden co-lead the team. Ruiz Lima specialises in insurance claims, arbitration and commercial disputes; Mata focuses on personal injury cases and contractual disputes; and Marsden excels in transport-related disputes.

Practice head(s):

Bernardo Ruiz Lima; Victor Mata; Ann Marsden


Key clients

AIG Europe Limited


Mapfre España


AXA XL – Spain/AXA XL México/Grupo Barceló Hotels


AXA Corporate Solutions (France)


ZURICH Spain


ZURICH, Insurance PLC


MS AMLIN (UK)


Chubb Germany


HISCOX, SA


Collyers


Nuvu Underwriting Agency


Royal Sun Alliance (RSA)


SASEMAR


Work highlights


  • Acted on behalf of AIG in connection with an environmental disaster during the road transport of dangerous goods.
  • Acting for DISA Holding Energético against insurance company Allianz due to a cover rejection after the breakdown of the engines in one of DISA’s vessels.
  • Acted in a recovery action for Royal Sun Alliance on a claim against an electric company and a maintenance company due to a cooling system failure which resulted in a loss of medicaments for Grifols, a pharma company in Spain.

Rogers & Co. Abogados

The expertise of the ‘friendly and professional’ team at Rogers & Co. Abogados encompasses claims involving personal injury and industrial accidents. The group’s client roster routinely features players from the shipping, logistics and insurance segments. Practice head David Diez specialises in contentious mandates.

Practice head(s):

David Diez


Other key lawyers:

Marie Rogers


Testimonials

‘Knowledge, expertise, availability and fair cost.’

‘Expertise. Ability to explain difficult legal situations as well as making them easier to understand. Fluent in English.’

‘The team is friendly and professional. We can rely on them when needed to give us prompt and accurate advice and guidance on claims. We appreciate their communication in flawless English. Our experience with other local firms has not been as positive, and this is why we continue to use this company.’

Key clients

QBE


AIG Europe


AXA


MS Amlin Marine


Mapfre Global Risks


Travelers


DSV Insurance


RSA Luxembourg


Reale Seguros


Work highlights


  • Advised insurers on a matter involving damage to an industrial warehouse following a fire in Girona.
  • Advised the insurers of an international supermarket chain regarding the collapse of a roof in Zaragoza.

Simmons & Simmons

The practice group at Simmons & Simmons is equipped to advise insurance companies and brokerage firms on M&A transactions and a range of contentious mandates. The practice is co-led by Francisco de León, who is lauded for his ‘professionalism and technical excellence’, and Olivia Delagrange, who is noted for her ‘in-depth knowledge of the insurance sector’. De León excels in M&A transactions, while Delagrange is highly specialised in insurance claims.

Practice head(s):

Francisco de León; Olivia Delagrange


Other key lawyers:

Paloma Sánchez-Fayos; Javier Montero


Testimonials

‘Francisco de León has a very extensive knowledge of the insurance sector and its regulations. In my opinion, he is the best in the sector because he combines theoretical knowledge with a pragmatism that other advisors sometimes lack. Francisco cares about his client’s needs but never forgets how important it is to carry out the transaction without putting unnecessary obstacles like other advisors. He focuses on what is really important.’

‘Knowledge of insurance and pension funds that is unique in the sector.’

‘The firm’s strong point in the area of insurance is its vast knowledge of the sector and its particularities, both at a technical-legal and business level.’

‘Francisco de León: his best quality is the perfect harmony between his extensive technical and legal knowledge of the insurance sector and, in addition, of those closely related to it, together with his availability, kindness and excellent treatment of clients.’

‘Francisco de León and Paloma Sánchez-Fayos are technically excellent, always available and with a very practical approach. I would highlight the professionalism and technical excellence of Francisco de León, who also has a very good teaching ability to explain complex issues and an exceptional and incredible knowledge of his practice areas.’

‘Olivia Delagrange and Javier Montero’s availability and ease of dealing with each other stand out. And then there is their in-depth knowledge of the insurance sector and the legal framework in various countries, combined with an ability to explain it in a simple way.’

‘The human treatment is unbeatable. They are very involved, very committed people who put the quality of their service before any other consideration.’

‘Without a doubt the personal treatment, the closeness and the excellent availability of Francisco de León, Olivia Delagrange and Paloma Sánchez-Fayos. Simmons & Simmons bring a wealth of technical knowledge and experience in the sector that makes them one of the main options when it comes to deciding on them when I need legal support. They are very reliable in any aspect in which I may require legal support, and their extensive knowledge of other jurisdictions helps me not only consider it from a domestic point of view but also at an international level.’

Key clients

Tokio Marine


Zurich Insurance


QBE


FM


Liberty


Swiss RE International


Aegon España Sociedad Anónima De Seguros y Reaseguros


Medvida Partners De Seguros Y Reaseguros


Inverseguros


Work highlights


  • Acted in a subrogated recovery action for a renewable energy company.
  • Advised Inverseguros on the acquisition of 100% of the share capital in Gesnorte.
  • Advised on the merger between Mediterráneo Vida, Sociedad Anónima de Seguros y Reaseguros, and its subsidiary Medvida Partners de Seguros y Reaseguros.

Wesolowski Abogados

The practice at Wesolowski Abogados routinely handles regulatory, contentious and transactional insurance mandates for a client base of major brokers and policyholders. Practice head Pablo Wesolowski is the group’s key contact. Recent months have seen the team assist Everest with the adaptation of its products and processes to Spanish regulations; and represent a Caymanian reinsurer in arbitration proceedings brought by a Portuguese insurer.

Practice head(s):

Pablo Wesolowski


Key clients

Everest RE


Ortiz Construcciones y Proyectos


Caymanian Reinsurer


Construcciones San Martin


GS Inima


Axis Specialty Europe SE


Maxam


SSR


Testa Homes


Zurich


Euroins


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