Quito, Ecuador – November 27, 2025 – BUSTAMANTE FABARA is pleased to announce that it has advised Seguros Equinoccial S.A. in the process that led to its merger with Compañía de Seguros Ecuatoriano Suiza S.A., resulting in the creation of EQUISUIZA SEGUROS S.A., the largest insurance company in the country and a transformative milestone for the insurance industry in Ecuador.

Our counsel covered all critical stages of the transaction, from supporting the negotiation and structuring of the agreements to the successful completion of closing. This included a thorough due diligence process to identify and mitigate regulatory, operational, and technical risks inherent to the insurance sector. Likewise, the BUSTAMANTE FABARA team led the comprehensive management of authorizations before regulatory bodies, with particular attention to the competition authority and the insurance regulator, ensuring full compliance and the viability of the transaction from its structuring through to its final approval.

With the completion of the regulatory process and corporate integration, Seguros Equinoccial consolidates its leadership in the national market through EQUISUIZA, strengthening its operational and competitive capacity in a sector that demands technical precision, financial soundness, and strict regulatory standards.

The BUSTAMANTE FABARA team was led by Managing Partner María Rosa Fabara Vera, together with Partner Mariana Villagómez; Directors Andrés Becdach, Daniel Castelo, and Margarita Ripalda; and Senior Associates Esteban Dávila, Adriana Lasso, and Camila Sánchez, along with other attorneys specializing in corporate, financial, and insurance law. Their coordinated work ensured an agile, technically robust transaction fully aligned with applicable regulations.

This transaction reaffirms BUSTAMANTE FABARA’s position as a leading firm in mergers and acquisitions, financial regulation, and complex corporate processes in Ecuador.

About BUSTAMANTE FABARA

BUSTAMANTE FABARA is one of Ecuador’s leading law firms, with a strong track record advising on complex financial transactions, cross-border deals, and international projects. With over 120 lawyers and 190 total team members, the firm continues to lead in shaping Ecuador’s legal landscape.

About EQUISUIZA

EQUISUIZA SEGUROS S.A. was born from the integration of Seguros Equinoccial S.A. and Compañía de Seguros Ecuatoriano Suiza S.A., establishing itself as the largest insurance company in Ecuador and marking a new chapter for the country’s insurance sector.

Press Contact:

María José Sotomayor Hidalgo

Directora de Marketing y Comunicaciones

BUSTAMANTE FABARA

Correo: [email protected]

Teléfono: 0989728788