Kennedys expands regional footprint

Tuesday, January 2, 2018

International law firm Kennedys confirmed the opening of an office in Argentina and the formalization of an association with a boutique law firm in Puerto Rico.

The focus of both moves is the insurance and reinsurance markets, the company said on Tuesday.

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Over the past 18 months the law firm has also opened offices in Brazil, Chile, Colombia, Mexico and Peru.

Kennedys has a regional hub in Miami.

The Argentine office is headed by Alberto Bunge, who is joined by specialist insurance lawyers Virginia Couto and Marina Klein. More agents are in place in other parts of the country.

Kennedys said: "The focus of the office, located in Buenos Aires' downtown quarter and within walking distance of a number of international insurers and reinsurers, is on larger and complex insurance and reinsurance matters, including coverage, defence and policy wording for all lines, particularly property and casualty, energy and financial lines."

In Puerto Rico, Kennedys has formalized a new association with Colón & Colón, which acts for some major insurers "who see the country as both an important jurisdiction in its own right and also as a gateway to Latin America."

Nick Thomas, a senior partner at Kennedys, said: "Argentina is one of the largest insurance markets in the Latin American region, and there was a growing need from both existing and potential clients for us to have a full Kennedys presence available to them.

"Our expansion in Latin America and the Caribbean has been rapid but thought-through, with our clients consulted at every stage."

Alex Guillamont, head of Kennedys' Latin America and the Caribbean practice, added: "Since we opened the Miami office for Latin America and the Caribbean in 2010, work related to Puerto Rico has increased year on year, so that our formal association with Colón & Colón was a natural step to take. The aftermath of the hurricane has also raised a lot of issues for insurers and reinsurers who will benefit from the combination of Colón & Colón's expertise and Kennedys' international reach and experience."

Last year, Kennedys also opened offices in Bangkok, Bermuda, Melbourne, Mexico City and Paris.