Full-service legal giant Carey fields a nine-strong team that acts for insurers, reinsurers, brokers and insureds on regulatory issues, underwriting and contentious work. With ‘extensive experience in the insurance market’, it consistently advises major international businesses on the structuring of significant bancassurance alliances in the local market, as well as portfolio transfers. On the litigation front, the multi-disciplinary practice is able to leverage the firm’s specialists in construction, energy, investments, data protection, finance and labour during high-stakes losses, loss adjustment processes, disputes, litigation, and arbitration. The practice’s principal figures are Matías Vergara, who acts in major insurance disputes, as well as assisting domestic and international insurance companies on their day-to-day matters; Pablo Iacobelli, an expert in insurance companies’ regulatory corporate issues and insurance-related M&A deals; and Marcos Ríos, whose broad transactional practice comprises insurance and reinsurance work. Key support comes from specialist senior associate Jorge Soto whose past experience includes time at Solunion Seguros de Credito (Mapfre Seguros- Euler Hermes).

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The Carey insurance practice is a consolidated team with extensive experience in the insurance market.'
  • 'The team has an excellent mix of the purely legal and commercial aspects, which allows them to address large insurance businesses' problems holistically.'
  • 'Carey's team has great expertise in insurance issues per se, but also in corporate and M&A matters involving insurance, allowing them to offer excellent service to their clients.'

Key clients

  • Liberty Mutal
  • MetLife
  • BNP Paribas Cardif
  • Marsh
  • AIG UK
  • Utmost
  • Klare
  • Everest Group
  • Coopeuch
  • NotCo

Work highlights

  • Advised BNP Paribas Cardif on the negotiation of a 10-year bancassurance alliance with Banco Itaú.
  • Advised Everest Group on the incorporation of its Chilean non-life subsidiary, Everest Compañía de Seguros Generales Chile, to carry out insurance and reinsurance business.
  • Advised Klare, a Chilean digital insurance broker and subsidiary of Banco Santander - Chile, on corporate and regulatory matters (among other issues).

Lawyers

Rising stars

Next Generation Partners

Matías Vergara

Partner of Carey and co-head of the Insurance and Reinsurance / International Trade and Customs / Government Procurement Groups.

Practice head

The lawyer(s) leading their teams.

Matías Vergara, Pablo Iacobelli, Marcos Ríos