Peru - Insurance Lawyers & Law Firms - Latin America - Chambers and Partners
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Latin-America Guide

Insurance — Peru


Osterling Abogados - Insurance Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Head of department: Enrique Ferrando Gamarra
- 1 partner
- 5 other qualified lawyers

What the team is known for Prestigious insurance practice with considerable expertise in a wide variety of insurance and reinsurance mandates. Boasts an impressive roster of domestic and international insurance companies, advising them on both contentious and non-contentious mandates. Has particular strength in incorporations into the local market, underwriting and regulatory matters, with experience before the relevant administrative bodies.

Strengths Market commentators single out the firm for its presence in this market, with one declaring: "The team performs excellently. The lawyers deliver the work we require very quickly and have good knowledge of the insurance industry."

Another goes on to enthuse: "I have been impressed by the firm whenever I have received advice from them on insurance matters."

Work highlights Advised Ohio National Seguros de Vida on the drafting of life insurance policies and the filing of these before the Superintendence of Banking and Insurance to register the policies.

Assisted Aserta Afianzadora with its filing before the Superintendence of Banking and Insurance in order to register as a foreign reinsurer.

Significant clients Aserta Afianzadora, Insurgentes Afianzadora, AXA Seguros, Ohio National Seguros de Vida.

Notable practitioners

Department head Enrique Ferrando Gamarra is held in high esteem by interviewees for his practice in this field. One client is quick to praise him, stating: "He knows the market and is technically very solid." Others continue: "He is excellent; an extremely able practitioner," and additionally consider him to be "a very strong negotiator." He is well versed in both insurance and reinsurance mandates, with particular expertise in sector-related disputes.

About the Team (content provided by Osterling Abogados)

Osterling Abogados successfully provides comprehensive legal and regulatory assistance to leading insurance and reinsurance companies in Peru, such as Rimac, Pacífico and Spanish multinational Mapfre in Peru and Mapfre Global Risk, APESEG (Association of Peruvian Insurance Companies), as well as brokers, loss adjusters, and policy holders. It has rendered legal counsel reviewing and analysing insurance and reinsurance claims in excess of US$810 million to the date, and is considered the leading insurance team in Peru.

The firm’s work includes different aspects of this business, such as preventive evaluation of insurance coverage, analysis of claims during the policy term, coverage issues, legal defence of clients both in judicial and arbitral jurisdictions.

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Rodrigo, Elías & Medrano Abogados - Insurance Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Head of department: Jorge Velarde
- 3 partners
- 2 other qualified lawyers

What the team is known for Market-leading full-service firm with extensive experience assisting clients with insurance and reinsurance matters. Has standout abilities handling aviation insurance claims, with particular strength in accidents and liability policy issues. Additionally well placed to act for both international and local clients on regulatory and contractual mandates involving insurance products.

Strengths Clients laud the service provided by the firm in this field: "The team is great. It has the ability to handle complex, multi-jurisdictional mandates and the quality of the service is outstanding."

Market commentators assert that "the firm has a very important insurance practice."

Notable practitioners

Interviewees are quick to praise Jorge Velarde's practice within the insurance and reinsurance sectors. He is recognised as a strong practitioner, with considerable abilities in regulatory mandates, as well as in-depth knowledge of sector-related litigation. Market commentators appreciate his offering in this field, with one highlighting that "he has a great legal and practical mind," and going on to add: "I have the utmost respect for him."

Associate-to-watch Fernando Hurtado de Mendoza is very well regarded by clients and peers alike, who report: "He has the capacity to find practical solutions in order to swiftly solve a variety of issues." He has noteworthy strength in contractual and regulatory insurance mandates.

About the Team (content provided by Rodrigo, Elías & Medrano Abogados)

Our Insurance and Reinsurance group assists local and international reinsurers, insurers, brokers and adjusters in regulatory matters related to insurance and reinsurance contracts.

As a full service firm, we are able to provide comprehensive legal advice in insurance and reinsurance cases irrespective of the industry, being able to cover all aspects that arise from a particular case.

We issue opinions regarding accident claims and coverage, policies and endorsement conditions, both regarding general risk and life insurance policies, and we provide our clients with legal and arbitration defense.

We provide regulatory advice regarding the incorporation, establishment and commencement of insurance activities in the country for local and foreign clients.

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Kennedys - Insurance Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Head of department: Marco Antonio Rivera Noya
- 1 partner
- 3 other qualified lawyers

What the team is known for Highly regarded international firm recently incorporated into the Peruvian market. Has considerable expertise in a plethora of insurance and reinsurance mandates, acting for an impressive roster of local and international companies involved in this field. Areas of particular strength include underwriting and dispute resolution, with in-depth knowledge of arbitration.

Strengths Clients are impressed by the service offered, as one affirms: "The firm is specialised in insurance and has a very professional team who know this field and the business very well."

Work highlights Represented Liberty International Underwriters in the registration and incorporation of Liberty Seguros into the Peruvian market.

Significant clients AM Trust, BMI, Rimac Seguros y Reaseguros, XL Catlin, AIG.

Notable practitioners

Head of department Marco Antonio Rivera Noya is praised by sources, who underline: "He is strong in negotiations and a leader in this field," as others commend "his disposition, flexibility and professionalism." Clients additionally appreciate "his knowledge of the local regulations and jurisprudence." He has long-standing experience in the Peruvian insurance and reinsurance markets, with particular strength representing clients in related arbitrations.

About the Team (content provided by Kennedys)

Department profile not yet provided by Kennedys. Please see their firm profile.

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Philippi Prietocarrizosa Ferrero DU & Uría - Insurance Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Heads of department: Omar Alfaro and Raúl Ferrero Costa
- 2 partners
- 5 other qualified lawyers

What the team is known for Revered regional firm boasting an impressive insurance practice. Has in-depth knowledge of both regulatory and contentious mandates, including routinely assisting clients with litigation and arbitration. Has a broad-ranging client roster encompassing local and international insurers, brokers and insurance adjusters.

Strengths "The firm provides fast and very effective advice, achieving good results for us. They go straight to the point and are practical," according to a client.

Work highlights Provided legal training to the in-house lawyers of BNP Paribas Cardif Perú regarding Peruvian insurance and reinsurance law.

Significant clients APESEG, Osberk Ajustadores de Seguros, SECREX Compañía de Seguros de Crédito y Garantías, FBA Corredores de Seguros, Cámara de Comercio de Lima.

Notable practitioners

"Experienced and prestigious" department head Raúl Ferrero Costa is highly regarded by clients, who consider him to be a "brilliant practitioner," and add: "His opinions are well respected within the Peruvian market."

About the Team (content provided by Philippi Prietocarrizosa Ferrero DU & Uría)

Institutional Trajectory.

Philippi Prietocarrizosa Ferrero-DU & Uría has been rendering legal advisory to APESEG (Peruvian Association of Insurance Companies) since 1948, in areas such as Insurance Law and Sectoral Regulation. This over sixty years experience represents a historic ratification of trust of Peruvian insurance companies.

Expansion of the Insurance law Team

Due to the consolidation of Philippi Prietocarrizosa Ferrero-DU& Uría as the first Iberoamerican Law firm and the incorporation of new lawyers, the Insurance Department is now conformed by 7 Insurance-expert lawyers, which probably implies the most real and extensive professional team in Perú.

Impeccable career of Raul Ferrero has led to his appointment and ratification as Chairman of the Board of SECREX Compañía de Seguros de Créditos y Garantías for more than fifteen years ago.

Legal Advisory

Ferrero Abogados permanently renders legal advisory to different type of clients (Insurance Companies, Brokers, Insurance adjusters and others) in the field of Insurance Law.

Legal training

BNP Paribas Cardif Perú has chosen Ferrero Abogados to provide annual training to in-house lawyers in the field of Insurance Law for 2016.

Arbitration and Litigation.

Lawyers at FERRERO have experience in Arbitration and Litigation in Insurance matter as arbitrators and as litigants. Recently, Raúl Ferrero was appointed as President of Arbitration Trial in a dispute for payment of Insurance claim.

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Bullard Falla Ezcurra Abogados - Insurance Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- approximately 2 partners
- approximately 4 other qualified lawyers

What the team is known for Active boutique with considerable knowledge of the Peruvian insurance sector. Can draw upon the firm's strength in dispute resolution to offer clients a multidisciplinary service, with particular abilities in insurance-related arbitration.

Notable practitioners

Alfredo Bullard garners praise from interviewees for his insurance practice, as they report that "he has been very active advising on arbitration cases in this field." Another goes on to enthuse: "He really knows the industry."

According to market commentators, Huáscar Ezcurra is "very well recognised in this area." He is held in high esteem for his expertise in arbitration and competition matters related to the insurance sector.

About the Team (content provided by Bullard Falla Ezcurra Abogados)

Department profile not yet provided by Bullard Falla Ezcurra Abogados. Please see their firm profile.

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Estudio Echecopar - Member Firm of Baker McKenzie International - Insurance Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Head of department: Rafael Picasso Salinas
- 3 partners
- 3 other qualified lawyers

What the team is known for Experienced acting for domestic and international insurance and reinsurance companies on a variety of matters within this sector. Particularly well versed in regulatory mandates, including licensing, permits and authorisations for entry into the local market. Transactional and contentious issues are areas of further strength.

Strengths A market commentator highlights Estudio Echecopar as an "important firm in the Peruvian market with involvement in the insurance sector."

Work highlights Acted for Diviso Grupo Financiero on its establishment of a new insurance company in Peru called Trevia Compañía de Seguros. This involved advising on regulatory aspects, including acquiring the licence from the regulator to start operating.

Significant clients HDI Seguros, Asociación Peruana de Empresas de Seguros, Zurich, Crecer Seguros, RSA Seguros Chile.

Notable practitioners

Head of department Rafael Picasso Salinas is a recognised practitioner within the insurance arena. He is well placed to advise on a number of issues, including sector-related litigation, as well as corporate insurance mandates.

Associate-to-watch Luis Ernesto Marín is specialised in insurance regulation and has experience advising companies active in this industry on a variety of compliance matters. He acts for insurers, brokers and reinsurers.

About the Team (content provided by Estudio Echecopar - Member Firm of Baker McKenzie International)

We provide legal advice to foreign investors and local companies in corporate insurance and reinsurance matters and associated regulatory issues, as well as on insurance-related litigation and arbitration. We also provide counsel to brokers of several operations concerning this sector including the organization and authorization of new companies in the industry.
We also advise our clients on any operation or relation they may have with this kind of companies, not only regarding regulatory matters to supervisory agencies, but also to anyconsultant referred to judicial and contractual matters.

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Miranda & Amado Abogados - Insurance Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Heads of department: Anahi Com and Rafael Corzo
- 4 partners
- 4 other qualified lawyers

What the team is known for Key insurance and reinsurance practice with a noteworthy presence in the Peruvian market. Has significant experience acting for both domestic and international players from within this sector on related corporate, transactional and contentious matters. Has additional strength in complex administrative mandates.

Strengths One client particularly appreciates the firm's offering in this field, reporting: "Miranda & Amado Abogados performs well in insurance matters and the team is available to provide us with quick responses."

Work highlights Advised Rimac Seguros on the structuring and implementation of new insurance and reinsurance products across several regional jurisdictions.

Significant clients Willis Group, Peruvian Association of Insurance Companies, Travelers Casualty & Surety Company of America, La Positiva Seguros, J Malucelli Resseguradora.

Notable practitioners

Rafael Corzo is considered by clients to be a "standout lawyer" in this practice area. He additionally garners praise for his considerable expertise in sector-related regulatory mandates. Corzo is well positioned to assist clients with a number of insurance and reinsurance issues and he led the team on the aforementioned Rimac Seguros work highlight.

About the Team (content provided by Miranda & Amado Abogados)

Our insurance and reinsurance area is recognized in the market for its specialization in regulatory matters related to insurers and reinsurers and, specifically, for its detailed knowledge and experience regarding regulatory obligations of insurance companies, reinsurance companies, insurance and reinsurance brokers, as well as foreign insurance and reinsurance companies before the Superintendence of Banks, Insurance Companies and Private Pension Funds (local regulator).

We also have experience in: (i) insurance and reinsurance companies acquisitions; (ii) the register in Peru of foreign insurers and reinsurers, as well as brokers; (iii) the design of new insurance products and instruments, including the analysis of the sales channel regulations and the general, particular and special terms and conditions applicable to each product; (iv) the design of transaction documents related to foreign reinsurance companies, included guarantee agreements; (v) the analysis of tax matters associated to insurance and <, reinsurance companies (insurance premiums, damage payments, deductible payments, among others); (vi) the issuance of surety bonds (cartas fianzas – pólizas de caución) and other insurance sector guaranty instruments; (vii) representation of insurers, reinsurers and insureds in judicial and arbitration proceedings related to insurance controversies; and  (viii)  issuance of complex legal opinions regarding insurance and reinsurance matters.


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Estudio Olaechea - Insurance Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Head of department: Jesús Matos
- 1 partner
- 3 other qualified lawyers

What the team is known for Significant practice group with extensive experience advising both domestic and international clients. Routinely retained by insurers and reinsurers to handle sector-related disputes, as well as advisory and regulatory mandates. Particularly adept at the drafting and negotiation of insurance policies and contracts.

Strengths Clients highlight the firm's broad-ranging abilities in this field, with one citing: "The firm has the ability to handle everything from complex mandates to procedural ones but in all instances the assistance received has been optimal. We appreciate the team's communication, clarity and attention to detail."

Significant clients Marsh Rehder Corredores de Seguros, Caterpillar Leasing Chile, Caterpillar International Services del Perú, ABN AMRO Life, Assurant Solutions.

Notable practitioners

Clients are quick to highlight Jesús Matos' practice in this field, with one commenting: "The responses he provides are exceptional. He possesses great knowledge of insurance and reinsurance law and can manage even the most complex matters in a practical way."

About the Team (content provided by Estudio Olaechea)

Department profile not yet provided by Estudio Olaechea. Please see their firm profile.

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Band 1

Enrique Ferrando Gamarra

Osterling Abogados

From the Chambers Latin America guide

Department head Enrique Ferrando Gamarra is held in high esteem by interviewees for his practice in this field. One client is quick to praise him, stating: "He knows the market and is technically very solid." Others continue: "He is excellent; an extremely able practitioner," and additionally consider him to be "a very strong negotiator." He is well versed in both insurance and reinsurance mandates, with particular expertise in sector-related disputes.

^ See whole ranking table

Band 1

Marco Antonio Rivera Noya

Kennedys

From the Chambers Latin America guide

Head of department Marco Antonio Rivera Noya is praised by sources, who underline: "He is strong in negotiations and a leader in this field," as others commend "his disposition, flexibility and professionalism." Clients additionally appreciate "his knowledge of the local regulations and jurisprudence." He has long-standing experience in the Peruvian insurance and reinsurance markets, with particular strength representing clients in related arbitrations.

^ See whole ranking table

Band 1

Rodrigo, Elías & Medrano Abogados

From the Chambers Latin America guide

Interviewees are quick to praise Jorge Velarde's practice within the insurance and reinsurance sectors. He is recognised as a strong practitioner, with considerable abilities in regulatory mandates, as well as in-depth knowledge of sector-related litigation. Market commentators appreciate his offering in this field, with one highlighting that "he has a great legal and practical mind," and going on to add: "I have the utmost respect for him."

^ See whole ranking table

Band 2

Miranda & Amado Abogados

From the Chambers Latin America guide

Rafael Corzo is considered by clients to be a "standout lawyer" in this practice area. He additionally garners praise for his considerable expertise in sector-related regulatory mandates. Corzo is well positioned to assist clients with a number of insurance and reinsurance issues and he led the team on the aforementioned Rimac Seguros work highlight.

^ See whole ranking table

Band 2

Víctor Humberto Lazo

Vaserman & Lazo Abogados

From the Chambers Latin America guide

Víctor Humberto Lazo of Vaserman & Lazo Abogados is held in high esteem for his practice in insurance, with a noteworthy focus on sector-related disputes. Clients single him out for his expertise in arbitration cases and say: "He is one of the best in Peru in this specific field." 

^ See whole ranking table

Band 2

Miraglia & Miraglia Abogados

From the Chambers Latin America guide

Claudia Miraglia of Miraglia & Miraglia Abogados is described as an "expert in insurance law" by interviewees. She receives endorsements for her practice spanning advisory mandates within this sector.

^ See whole ranking table

Band 2

Estudio Torres, Carpio, Portocarrero, Richter Abogados

From the Chambers Latin America guide

Pedro Richter of Estudio Torres, Carpio, Portocarrero, Richter Abogados is described as "a very good insurance lawyer" by market commentators. They go on to note that "he is particularly active advising on regulatory matters regarding policies and coverage."

^ See whole ranking table

Band 3

Bullard Falla Ezcurra Abogados

From the Chambers Latin America guide

Alfredo Bullard garners praise from interviewees for his insurance practice, as they report that "he has been very active advising on arbitration cases in this field." Another goes on to enthuse: "He really knows the industry."

^ See whole ranking table

Band 3

Bullard Falla Ezcurra Abogados

From the Chambers Latin America guide

According to market commentators, Huáscar Ezcurra is "very well recognised in this area." He is held in high esteem for his expertise in arbitration and competition matters related to the insurance sector.

^ See whole ranking table

Band 3

Raúl Ferrero Costa

Philippi Prietocarrizosa Ferrero DU & Uría

From the Chambers Latin America guide

"Experienced and prestigious" department head Raúl Ferrero Costa is highly regarded by clients, who consider him to be a "brilliant practitioner," and add: "His opinions are well respected within the Peruvian market."

^ See whole ranking table

Band 3

Estudio Olaechea

From the Chambers Latin America guide

Clients are quick to highlight Jesús Matos' practice in this field, with one commenting: "The responses he provides are exceptional. He possesses great knowledge of insurance and reinsurance law and can manage even the most complex matters in a practical way."

^ See whole ranking table

Band 3

Rafael Picasso Salinas

Estudio Echecopar - Member Firm of Baker McKenzie International

From the Chambers Latin America guide

Head of department Rafael Picasso Salinas is a recognised practitioner within the insurance arena. He is well placed to advise on a number of issues, including sector-related litigation, as well as corporate insurance mandates.

^ See whole ranking table

Associates to watch

Fernando Hurtado de Mendoza

Rodrigo, Elías & Medrano Abogados

From the Chambers Latin America guide

Associate-to-watch Fernando Hurtado de Mendoza is very well regarded by clients and peers alike, who report: "He has the capacity to find practical solutions in order to swiftly solve a variety of issues." He has noteworthy strength in contractual and regulatory insurance mandates.

^ See whole ranking table

Associates to watch

Luis Ernesto Marín

Estudio Echecopar - Member Firm of Baker McKenzie International

From the Chambers Latin America guide

Associate-to-watch Luis Ernesto Marín is specialised in insurance regulation and has experience advising companies active in this industry on a variety of compliance matters. He acts for insurers, brokers and reinsurers.

^ See whole ranking table