Insurance
Europe Guide 2024 : Spain
Band 2
Contact number
+34 91 349 8200About
Provided by Hogan Lovells
Hogan Lovells´ Insurance and Reinsurance team in Spain is made up of 19 lawyers fully dedicated to the insurance and reinsurance sector. Our insurance team is unanimously recognized as the market-leading reference in Spain.
The team is consistently involved in the biggest deals within the Spanish market, including bank assurance alliances, traditional M&A transactions (including cross-border mergers and acquisitions), insurance portfolio transfers, VIF reinsurance deals, FOS and ROE operations carried out by Spanish companies abroad, restructurings and the establishment of new insurance operations in Spain.
Our team has a broad experience in regulatory matters affecting the insurance and reinsurance sector, insurance distribution and product design and a close relationship with the Spanish Insurance authorities.
In addition, our team is one of the most valued for insurance and reinsurance dispute resolution in Spain. We are consistently involved in claims in connection with industrial risks (P&C, engineering, construction, aviation, etc.), all forms of civil liability and tort cases (including D&O, E&O, PI, etc.) and insurance and reinsurance coverage disputes.
Chambers Review
Hogan Lovells offers a highly regarded practice with a strong reputation for advice to insurers and reinsurers on all aspects of insurance law. The insurance team regularly acts on multi-jurisdictional matters for international insurance clients, with particular experience across Europe and Latin America. It is recognised as a strong practice for handling major M&A deals within the sector. The law firm is particularly active in investment structuring for insurers, as well as designing insurance product distribution, and bancassurance mandates. Clients include major national insurance groups, real estate groups and financial institutions.
Work Highlights
- Hogan Lovells advised AXA on its EUR310 million acquisition of Crédit Mutuel's insurance business in Spain.
Strengths
Provided by Chambers
"They have very strong knowledge of the market and the regulation."
"They stand out for knowing the needs of the client and offering agile solutions."
"I feel 100% safe when the Hogan Lovells team advises us on any complex issue."
"The lawyers work with a business vision."
"They have very strong knowledge of the market and the regulation."
"They stand out for knowing the needs of the client and offering agile solutions."
"I feel 100% safe when the Hogan Lovells team advises us on any complex issue."
"The lawyers work with a business vision."
Notable Practitioners
Head of department Pablo Muelas stands out for his vast experience advising on contentious and non-contentious mandates, including regulatory matters and contractual agreements. He regularly handles insurance distribution in multiple industries.
"He has great market and sector experience and he has a high level of dedication to the client."
"He has good knowledge of the Spanish regulator."
"He has coordinated and directed the issues raised at all times with efficiency."
"He understands business and uses lateral thinking to offer services and opportunities to the client."