An ‘excellent team in every sense’, BLP is renowned for its expertise in the insurance sphere both in Costa Rica and in the wider Central American region, acting for an enviable roster of local and international insurers and reinsurers. The firm is skilled in advising on high-profile M&A in the insurance sector – particularly assisting global clients with their expansion into the Costa Rican market – and also assists with regulatory approvals and filings and insurance litigation. Practice head Neftalí Garro, who also oversees the firm’s regional practice, attracts strong praise for his ‘in-depth knowledge of insurance law and the industry’s operations in Central America’. He is a go-to adviser on the full spectrum of insurance matters, from contactual and regulatory issues to transactions and complex claims. The strong secondary line-up includes directors Juan José López and Carlos García, who assist with regulatory, licensing and contractual matters, as well as insurance disputes, and senior associate Alberto Bogantes, who focuses on insurance claims.
Insurance in Costa Rica
BLP
Responsables de la pratique:
Neftalí Garro
Les références
‘The insurance team at BLP Costa Rica particularly stand out for their commitment and availability to their clients. Their responses are prompt, clear, and precise, generating confidence and peace of mind in those who turn to them for their services. Their ability to provide concise and concrete advice is a testament to their professionalism and dedication.’
‘Neftalí Garro stands out in particular for his in-depth knowledge of insurance law and the industry’s operations in Central America. I have also worked with Carlos García and Alberto Bogantes, who provide excellent knowledge of insurance law and professionalism. An excellent team in every sense.’
‘Neftalí Garro has extraordinary knowledge of the insurance and reinsurance industry. This makes him a strategic ally for our company.’
Principaux clients
Banco Davivienda
Association of Private Insurers (AAP)
Zürich
Willis Towers Watson
Münich Re
Mapfre
ASSA Compañía de Seguros
Travelers
Chubb
Marsh McLennan
Principaux dossiers
- Advising Banco Davivienda on the acquisition and integration of Scotiabank’s operations in Costa Rica, which includes its banking, insurance and leasing businesses.
- Advised Marsh McLennan on all aspects of the acquisition of Asprose in Costa Rica.
Arias
Arias' insurance practice focuses on advising international clients on complex regulatory matters, particularly in relation to major transactions, the drafting of insurance clauses in contracts and interactions with the industry regulator. Carlos Camacho, who is well versed in assisting multinational clients with M&A and investments, is the key name.