25 years
of experience
We have obtained
20+ Awards
Time in Mexico

INSURANCE AND REINSURANCE

About the area

gbg’s Insurance and Reinsurance practice advises insurers, reinsurers, intermediaries, and other industry participants on all legal and regulatory matters related to their formation, operations, regulatory compliance, and dispute resolution in Mexico. The team combines a deep understanding of the applicable regulatory framework with extensive practical experience in the financial and insurance sectors.

Clients and industries

The practice advises domestic and foreign insurers, reinsurers, intermediaries, insurance agents, and other financial institutions linked to the insurance sector that require specialized legal guidance to operate, comply with applicable regulations, and structure their activities in Mexico.

Main Services

Incorporation, Licensing, and Operation of Insurance Institutions and Insurance Agents

Comprehensive legal counsel for the formation and structuring of entities in the insurance sector, as well as for obtaining the necessary licenses, permits, and authorizations from the relevant authorities. Our support extends to the ongoing operations of these entities, including corporate governance and regulatory compliance.

Contracts

Drafting, reviewing, and negotiating insurance and reinsurance contracts, as well as documentation related to the structuring of new products and coverage schemes, in accordance with applicable regulations. The department is supported by attorneys designated as legal experts by the National Insurance and Surety Commission.

Regulatory compliance

Advice on compliance with regulatory obligations applicable to the insurance sector, including licensing, solvency and financial regulation, investments, corporate governance, and personal data protection, in coordination with bgbg’s specialized departments when the transaction requires it.

Mergers and Acquisitions

Advice on investment transactions, mergers, and acquisitions within the insurance and reinsurance sector, including due diligence, negotiation and drafting of shareholder and investment agreements, obtaining government approvals, and structuring financing.

Anti-Money Laundering

Consulting services related to anti-money laundering prevention and compliance with anti-money laundering obligations applicable to financial institutions, including audits, implementation of internal policies, operational compliance, and addressing regulatory requirements. The practice has earned national and international recognition in this field.

Administrative procedures

Representation and legal counsel in administrative proceedings and dispute resolution within the insurance industry, including claims, coverage analysis, and dispute resolution through arbitration, mediation, and litigation.

Testimonials

Clients are quick to praise the firm, saying enthusiastically: “The service they provide is highly satisfactory. They understand the client’s needs and have a good sense of urgency.”

Chambers and Partners Latin America 2020 client feedback on the Banking & Finance Department

“The service is of a very high standard; they are very thorough and up-to-date on all matters, and the partners are always available and deliver on time.”

Chambers and Partners Latin America 2020 client feedback on the Compliance Department

At bgbg, we have a team of leading specialists in the field of insurance and reinsurance, recognized for their technical expertise and comprehensive understanding of the regulatory environment. We work closely with our clients in a strategic manner, offering robust and efficient legal solutions that are aligned with the standards of the insurance industry in Mexico.

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