Along with the ascendancy of Latin America’s economy in the past decade, insurance issues have arisen that are unique to that vast and booming region. Changes are taking place across the region and the challenge for insurers is to adapt to local regulation and markets. Global insurance companies need legal counselors with thorough knowledge of Latin American, English and American law and venues, as well as experience in the idiosyncrasies of the local markets. The firm’s international capabilities have followed a natural progression in responding to the needs of our clients – including to Latin America.
Our team has extensive experience assisting and working alongside of global insurers and reinsurers writing commercial casualty and property, energy, terrorism and other specialty policies for insureds based in or doing business in Latin America. We handle complex coverage disputes in the property, casualty, energy, mining, construction and utilities sectors across Latin America.
Our firm lawyers have extensive experience in handling coverage cases and managing Latin American proceedings for our insurer clients. Members of our team are fluent in Spanish and/or Portuguese, have worked extensively in the region, and have many contacts in Central and South America. Our clients recognize that our attorneys are informed about the political and economic atmosphere across Latin America, and that they factor the realities of the region into the pragmatic advice given to our clients. We also have strong relationships with local counsel, which we have developed over many years.
The team in the London office, which opened in the mid-1980s, continues – as it has for decades – to represent London Market insurers in connection with losses in Latin America. Lawyers in the London office are ranked by Chambers, the leading legal directory, for their insurance work in Latin America, and commentators have noted the team’s “strong regional knowledge.” To better serve our clients with business interests in Latin America, Our firm opened an office in Miami in 2013. This makes our firm ideally situated to advise insurers and reinsurers facing issues and opportunities in Central and South America and facing litigation in Florida, a growing venue for insurance coverage disputes.
Our firm’s Insurance Practices comprise one of the largest international teams of trial lawyers and coverage advisors dedicated to serving the global insurance industry. Our firm is the only law firm with full service offices in the three leading insurance hubs: the United States, London and Bermuda.