Insurance
Europe Guide 2024 : Spain
Band 3
Email address
[email protected]Contact number
+34 91 436 04 20About
Provided by Pérez-Llorca
Pérez-Llorca’s Insurance and Reinsurance practice is characterised by its complete knowledge of the sector. The specific expertise of this practice area, alongside the firm’s exceptional abilities in fields required for the insurance industry, such as Tax, Employment, Data Protection/Privacy, Infrastructure, Competition and many more, mean that our team is a solid and comprehensive multidisciplinary solution for companies.
Our Insurance and Reinsurance team provides advice in three fields that are critical for the sector:
- The Corporate and M&A sector: we have a wide understanding as well as portfolio transfers, VIF transactions, banking-insurance and distribution agreements, cross-border mergers and insurance group reorganisations.
- The Regulation sector: the team boasts ample experience both in the operation and governance of Companies and mediators, as well as in their relationships with the Administration, authorisations and all types of proceedings. Our advice includes representation before inspections, drawing up and configuring new insurance products and solutions, insurtech, and creation of industry-optimal insurance distribution channels.
- The Litigation sector: we advise on everything related to total or partial refusal of cover, such as the handling of complex or mass claims, complex discussions regarding the scope and delimitation of cover, reinsurance conflicts and all of the implications of sector-specific claims.
Chambers Review
Pérez-Llorca's team assists insurance and reinsurance companies with a range of matters including M&A, regulation and contentious matters. The law firm often advises on insurance product design and distribution, as well as advising insurers on tax, employment, data protection and infrastructure matters.
Work Highlights
- Pérez-Llorca's advised Crédit Mutuel on the EUR310 million sale of its business in Spain to AXA Seguros.
Strengths
Provided by Chambers
"Pérez-Llorca's lawyers explain everything very clearly."
"Pérez-Llorca's lawyers explain everything very clearly."
Notable Practitioners
Stellar practitioner Joaquín Ruiz Echauri is one of the best-regarded names in the Spanish insurance sector and assists with complex issues involving regulatory matters, corporate restructuring, formation of joint ventures and civil liability disputes. He is highly equipped to handle bancassurance mandates.
"Joaquín Ruiz Echauri is practical and knows the market and its players well."
"Joaquín always gives his opinion in the reports he produces. He identifies the possibilities, with their pros and cons, and also he goes further and records his opinion."
Rafael Fernández joins the rankings this year thanks to strong market support. He is experienced assisting a well-recognised roster of international insurance companies with distribution agreements, sale of business, and equity transactions.
"Rafael is practical, direct and responsive."
Ranked Lawyers at
Pérez-Llorca
Spain
