Firms To Watch: Insurance

Primarily a finance practitioner, Humberto Pérez Rocha, is ‘an expert in all topics related to insurance legislation and regulation‘; his September 2024 arrival puts Chevez Ruiz Zamarripa firmly on the map in the sector.
Following the departure of Humberto Pérez Rocha in September 2024, leadership of the practice at full-service powerhouse Galicia Abogados S.C. has fallen to specialist semi-senior Ricardo Montejano, with oversight by finance partner Rodrigo Rivera.

Insurance in Mexico

Colin Vega Fletes Abogados

Noted for its ‘deep understanding of risk management’ and ‘significant experience in the areas of insurance and surety bonds’, the insurance law boutique Colin Vega Fletes Abogados is a strong choice for all manner of insurance and reinsurance mandates. In addition to its Mexico City headquarters, the firm also supports clients from an office in Madrid, which is directed by practice co-head and ‘excellent lawyer’ José Luis Colin Vega. Co-leading alongside him are Francisco Fernández Guerra Fletes, who has focused his practice on contentious and non-contentious insurance and reinsurance issues involving commercial crime, bankers blanket bond insurance and D&O; José Luis Arce Fernández, who primarily advises on corporate law issues in the insurance space; and associate Luis Alberto Valle Vidal, who draws on experience representing bonds institutions and surety insurers, bondholders and beneficiaries in disputes.

Responsables de la pratique:

Francisco Fernández Guerra Fletes; José Luis Colin Vega; Jose Luis Arce Fernández; Luis Alberto Valle Vidal


Les références

‘They have a multidisciplinary team with distinct specialities. Their coordination is excellent, and they put the client at the center of their strategy, which we greatly appreciate and value.’

‘Francisco Fernández Guerra Fletes: his knowledge of the insurance and reinsurance sector is impressive, but even more so, his ability to understand the issues of a case and develop a strategy are outstanding. Without a doubt, he is the best insurance lawyer I have ever worked with.’

‘José Luis Colin: he is an excellent lawyer, with relevant knowledge in cybersecurity and aviation. His ability to solve complex problems with his knowledge, team, and network of contacts is impressive. Luis Valle: one of the most knowledgeable lawyers in bonds and surety bonds in Mexico. He has extensive knowledge of the law and the market, as well as a great ability to communicate and explain complex issues to clients.’

Principaux clients

Zurich Cia de Seguros


HDI Global Seguros


Bupa Global


KOT Insurance Company


Mapfre Re


Seguros Inbursa


Munich Re


Grupo Mexicano De Seguros


Swiss Re


Lloyd’s


Nader, Hayaux y Goebel, SC

Lauded by one client as ‘the most specialised firm in the Mexican insurance market’, the practice group at Nader, Hayaux y Goebel, SC is particularly well-placed to handle corporate, regulatory, transactional, compliance and product development mandates in the insurance space. The ‘specialist’ team is also equipped to provide contentious support, routinely representing clients in claims, coverage issues, arbitration, litigation and insurance and reinsurance recoveries. The firm also stands out for its London office, which is managed by practice head Yves Hayaux-du-Tilly, who splits his time between Mexico City and the British capital. Hayaux-du-Tilly draws on significant experience assisting multinationals, Mexican and foreign investors with disputes and transactions in the insurance sector, in addition to corporate governance matters and M&A and financing transactions. Also noted is Luciano Pérez Gómez, who garners client praise for his ‘unique understanding of the insurance market’ and handles the gamut of non-contentious insurance work, including complex regulatory, corporate and product development matters. The key associate-level contacts are Enrique Salcedo for regulatory, compliance and dispute resolution in the insurance sphere and ‘pragmatic problem-solver’ Mauricio López Melo, who focuses his practice on insurance and reinsurance, banking and finance, M&A and corporate law.

Responsables de la pratique:

Yves Hayaux-du-Tilly


Autres avocats clés:

Luciano Pérez Gómez; Enrique Salcedo; Mauricio López Melo


Les références

‘Quite possibly the strongest insurance team in Mexico. A team with a great combination of youth and experience that gives clients a great deal of security.’

‘Their technical expertise and deep understanding of the business make them a unique team, highly reliable in complex matters.’

‘They are insurance specialists, providing a service tailored to the client’s needs, resulting in favorable results. Technical capacity and customer service.’

Principaux clients

AON Risk Solution


Sofía Salud


BUPA México


Everest Reinsurance Company


Grupo Excel


Grupo Nacional Provincial


KOT


Mapfre Mexico


Reinsurance Group of America


METLIFE


Principaux dossiers


  • Assisted Mapfre Mexico with the acquisition of 94.4% of the capital stock of the Mexican insurance company Insignia Life, for an amount of MXN $1.615bn.
  • Advised Sofía Salud on its latest $13.5m investment round.
  • Advised Everest Group on the $4.75m acquisition of 100% of the capital stock of XL Seguros México.

Creel, García-Cuéllar, Aiza y Enríquez, S.C.

The insurance practice at Creel, García-Cuéllar, Aiza y Enríquez, S.C. routinely handles a range of transactional, regulatory and claims mandates in the insurance and reinsurance spaces. The team is particularly adept at advising global insurance and broker groups on setting up operations in Mexico, acquisitions and the design of commercial arrangements and reinsurance structures. Leonel Pereznieto steers the practice and specialises in corporate and commercial insurance-related matters, contentious insurance and reinsurance matters, compliance and transportation law. Carlo Romero, who majors on contractual, contentious and corporate matters, is the key associate-level contact. Following the January 2025 integration of litigation-focused Martínez, Algaba, de Haro y Curiel, the practice was boosted by notable arrivals that included civil, commercial, administrative and bankruptcy litigators Javier Curiel Obscura, Daniel Ortega González and Javier Altamirano Hernández. María José Pinillos left the firm in November 2024.

Responsables de la pratique:

Leonel Pereznieto


Autres avocats clés:

Carlo Romero; Javier Curiel Obscura; Daniel Ortega González; Javier Altamirano Hernández


Principaux clients

Corporación Actinver


MBIA Corp


Williams International


AXA Seguros


Principal Seguros


Ocean Reinsurance Company


Canada Life Reinsurance


Hopper (USA)


AXA Seguros


United Parcel Service


Principaux dossiers


  • Advised Corporación Actinver on its strategic partnership with Zurich Aseguradora Mexicana and Zurich Vida Compañía de Seguros, establishing Actinver as the primary distributor of Zurich’s insurance products across its distribution network.
  • Acted as expert witness on Mexican law in Williams International v. Zurich American Insurance before the US District Court for the Eastern District of Michigan, addressing issues of cross-border insurance contracting and business interruption losses in Mexico and abroad.
  • Advised on the acquisition of 80% of the capital stock of Seguros Centauro, Salud Especializada, a Mexican licensed insurance company specialized in dental health, by AXA Seguros.

Clyde & Co

The insurance practice at Clyde & Co advises on a range of insurance and reinsurance claims, regularly assisting domestic and foreign insurers, reinsurers, mutual associations and P&I clubs. Key contacts include Arturo Arista and Daniel Ruiz.

Principaux dossiers


DAC Beachcroft Mexico

The team at DAC Beachcroft Mexico, which is noted for its ‘responsiveness’, ‘commitment’ and ’empathy’, is well-placed to advise insurers and reinsurers on regulatory and transactional matters. Recently bolstered by its February 2024 incorporation of boutique Márquez | Castelazo, the team is also equipped to handle recoveries, subrogations and claims. Miguel Ángel de la Fuente Estrada steers the practice and specialises in contentious and non-contentious insurance and reinsurance mandates, M&A and financial transactions. Also noted are litigation specialists Elisa Márquez, Beatriz Castelazo de la Fuente, Alberto García Cárdenas and senior associate Alma Daniela Urquiza. Additional key contacts at senior associate level include David Gonçalves Fernandes, who acts as director of the firm’s Latin America recoveries hub; and Eduardo Sánchez, who deals with corporate, M&A, regulatory and insurance law.

Responsables de la pratique:

Miguel Ángel de la Fuente Estrada


Autres avocats clés:

Elisa Márquez; Beatriz Castelazo de la Fuente; Alberto García Cárdenas; Alma Daniela Urquiza; David Gonçalves Fernandes; Eduardo Sánchez


Les références

‘The DACB team demonstrates commitment and empathy in the matters assigned to them, always looking out for the interests entrusted to them. Likewise, their level of responsiveness is notable compared to other firms in the sector.’

‘People show real interest in the problems entrusted to them, they create solution strategies to achieve the best result.’

Principaux clients

Zurich Mexico


AXA Seguros


Munich Re


Lloyd’s Syndicates


Asurion


XL Catlin


Liberty Mutual


Mapfre Global Risks


Tokio Marine


Kiln


Chaucer Syndicates Limited


GMX


Tokio Marine Mexico


QBE International Markets


Zurich Ecuador


Howden


DUAL


Seguros Atlas


Principaux dossiers


  • Advised two major local insurance companies on a portfolio transfer.
  • Advised reinsurers and insured clients on a potential claim arising out of potential defective components supplied to a railway system in Monterrey, Nuevo León.
  • Assisted Zurich Mexico with subrogated recovery actions of its marine insurance portfolio.

Hogan Lovells

The insurance group at Hogan Lovells is well-versed in the formation and acquisition of insurance, surety and brokerage companies. Assisting foreign reinsurance companies with regulatory registrations and operations in Mexico, advice on the development of insurance products and policies and insurance litigation constitute additional areas of focus. Carlos Ramos Miranda steers the team and specialises in advising insurance companies, brokers and managing agents on regulatory and contentious insurance matters. Also noted are Omar Guerrero, Luis Ernesto Peón and the Monterrey-based Alejandro García González, all of whom major on representing insurance companies in commercial litigation and insolvency proceedings. Andrea Tinoco, who provides insurance companies with regulatory support, is the key associate-level contact.

Responsables de la pratique:

Carlos Ramos


Autres avocats clés:

Omar Guerrero; Luis Ernesto Peón; Alejandro García González; Andrea Tinoco


Les références

‘Their encyclopedic knowledge of insurance law stands out. Their service and results are superior to those of other firms.’

‘The closeness, warmth, and professionalism of Luis Ernesto Peón and Omar Guerrero are appreciated.’

Principaux clients

Chubb


Insignia Life


Swiss Re


Liberty Insurance


Lloyds


AmTrust


Partner Re


Axa Seguros


Zurich


Guy Carpenter


Atradius


Solunion


Everest


Asesores Profesionales Integrados, Agentes de Seguros


Murgia Consultores, Agentes de Seguros y de Fianzas


Kennedys

The practice group at Kennedys is a key port of call for domestic and international insurers and reinsurers on in insurance disputes, and the team, which is lauded for its ‘significant technical experience in the sector’, is also equipped to provide advisory support on coverage issues. The practice is jointly led by Michael Hennessy, who acts as the firm’s managing partner for Latin America and Caribbean and specialises in claims involving liability, energy, business interruption, catastrophic risks and operational policies in Mexico; and litigation lead Alberto Torres, who draws on extensive insurance litigation experience. Legal director Vanessa Vargas is an additional key contact.

Responsables de la pratique:

Michael Hennessy; Alberto Torres


Autres avocats clés:

Vanessa Vargas


Les références

‘Very responsive team. Kennedys Mexico always delivers the advice and work product in a timely manner. The work product is of very good quality and very well tailored to clients’ needs.’

‘Michael Hennessy, provides a great client service and is able to deliver great quality work product on short notice and always delivers within the time frame requested. Very good market knowledge and he is very well known in the insurance industry.’

‘Penelope Romero, excellent insurance regulatory background with great understanding of the insurance regulatory landscape in Mexico as well as industry practices.’

Principaux clients

Chubb Seguros México


AIG Seguros México


Zurich Aseguradora Mexicana


Berkely Internacional Seguros México


EVEREST Insurance


Munich Re


Tokio Marine Compañia de Seguros


HDI Global Seguros


Grupo Mexicano de Seguros


Beazley


Principaux dossiers


  • Represented Chubb Seguros México in litigation following Unifin’s bankruptcy.

OCAMPO 1890, S. C.

Cross-border insurance disputes, regulatory compliance, policy drafting and coverage analysis are core strengths of the practice group at OCAMPO 1890, S. C. Aldo Ocampo steers the practice and covers policy drafting, claims management, regulatory compliance and dispute resolution, while Marco Antonio Tapia focuses on insurance and reinsurance coverage analysis. Recent arrivals of note include María Ana Silis Jaramillo in July 2024, who also handles insurance and reinsurance coverage analysis and draws on experience working at Zurich Insurance Company, AXA Insurance, and Seguros Azteca; and Arturo Caballero in January 2025, who specialises in civil, commercial, administrative and constitutional litigation and acts as the firm’s litigation lead. Abraham Estrada left the firm in December 2024.

Responsables de la pratique:

Aldo Ocampo


Autres avocats clés:

Marco Antonio Tapia; María Ana Silis Jaramillo; Arturo Caballero


Les références

‘The experience in insurance is so specialised that the strategies provided cover different aspects.’

‘Aldo Ocampo has the most experience and knowledge in the insurance sector, which allows him to provide comprehensive advice.’

‘Ocampo 1890, SC’s practice is unique in that it is a firm truly specialised in all the needs of the insurance market, both contentious and regulatory.’

Principaux clients

HFW


Barents Re


Seguros Monterrey New York Life


QBE


Mapfre México


Generali


Reed Smith


Pan American Life Insurance Group


Beale & Co


Cardif


Principaux dossiers


  • Represented Barents Re in the litigation of casualty litigation cases.
  • Advised Seguros Monterrey New York Life on the adoption of human rights criteria in its operations to comply with the United Nations Global Compact principles.
  • Represented Mapfre México in the litigation of a discrimination case, preventing the company from being condemned to pay punitive damages.

Bello, Gallardo, Bonequi y García, S.C.

Lauded for its ‘highly specific technical knowledge’ and ‘excellent communication’, the team at Bello, Gallardo, Bonequi y García, S.C. is equipped to advise on advisory mandates, including the structuring and development of insurance products, as well as representing clients in administrative proceedings and litigation. Leadership is shared between Javier Pérez Moreno (banking, finance and insurance law); Miguel Gallardo Guerra (banking and finance, fintech, regulatory compliance); and Juan Bonequi (civil and commercial litigation). Gerardo Torres González has focused his practice on regulatory compliance, insurance law and transactions in the insurance space.

Responsables de la pratique:

Javier Pérez Moreno; Miguel Gallardo Guerra; Juan Bonequi


Autres avocats clés:

Gerardo Torres González


Les références

‘Highly specific technical knowledge and a constant search for solutions for the client, along with a great deal of proactivity.’

‘Gerardo Torres González is available; his proactivity, technical knowledge, and ability to find solutions in truly complex situations truly set him apart.’

‘Excellent communication; commitment.’

Principaux clients

AON


Seguros Sura


Compara en Casa


UBER


AIG


Seguros Banorte


Preminen


Cobee


Pluxee Group


Everest


Axa Seguros


HIR Seguros


Quálitas


Principaux dossiers


  • Advised Qualitas on policy refinements to combat fraud and provided counsel on UBO, tax, and AML compliance, strengthening regulatory adherence and risk management.
  • Advised Everest following its acquisition of XL Seguros México, assisting with regulatory compliance, CNSF observations and insurance policy strategies to mitigate litigation risks.

Ramirez Ornelas Abogados

Ramirez Ornelas Abogados is a key port of call for insurers, reinsurers and corporate entities on environmental liabilities, property disputes, emerging digital risk and cybersecurity issues, and contract and coverage disputes. Founding partner Gerardo Ramírez steers the practice group and specialises in commercial litigation and bankruptcy law. Additional key contacts include Luis Robles (insurance regulations, policy structuring and dispute resolution); and Fabricio Escalante (bankruptcy law, insurance disputes, regulatory compliance and policy interpretation).

Responsables de la pratique:

Gerardo Ramírez


Autres avocats clés:

Luis Robles; Fabricio Escalante


Principaux clients

Seguros Banorte


Grupo Avalanz


Grupo Fertinal


Agrogen


Cygnus Ocean Farms


Grupo Nacional Provincial


Zurich Compañia de Seguros


Grupo Mexico


ACS Internacional


Promotora y Operadora de Infraestructura


Principaux dossiers


  • Represented Seguros Banorte in two proceedings involving claims for punitive damages and strict civil liability.
  • Represented Grupo Fertinal in a lawsuit against the insurer Internationale Nederlanden Group (ING), formerly Seguros Comercial América, for a value of $300,000,000m due to damages caused by a hurricane.
  • Represented Seguros Banorte in a lawsuit for moral damages.