Insurance
Brazil Guide 2024 : Brazil
Band 3
About
Provided by Santos Bevilaqua Advogados
Practice Overview:
At Santos Bevilaqua, we specialize in meticulous review and drafting of insurance contracts, including processes like structuring, 'tropicalization,' and adaptation of clauses according to Brazilian legislation. Our expertise extends to careful review and crafting of reinsurance contracts. We excel in reviewing and facilitating negotiations for operational agreements between insurers and sales channel stakeholders—brokers, insurtechs, retail chains, and public service concessionaires. Our proficiency includes claims regulation, programmatic formatting, analysis, and comprehensive review of compliance programs.
We offer strategic guidance in adopting fitting and cost-effective procedures for compliance with insurance legislation. Our legal services provide expert opinions and guidance on risks and legal solutions, tailored to align with regulatory frameworks such as Central Bank of Brazil, the Brazilian Securities and Exchange Commission, the Superintendence of Private Insurance, and the National Supplementary Health Agency.
We provide assistance in administrative sanctioning proceedings and support dealings with supervisory bodies. We support clients in bidding processes and administrative contracts, ensuring legal integrity and compliance. Our expertise also lies in structuring solutions for settling liabilities related to benefits in the context of M&A.
Chambers Review
Respected insurance boutique Santos Bevilaqua Advogados stands out for its regulatory expertise. Private corporations and trade associations connected with the insurance and reinsurance industry continue to rely on its advice for both consultancy and contentious mandates before SUSEP and judicial courts. The firm also has wide experience advising on the development of new insurance products and it also handles transactional matters for insurers, including mergers and acquisitions.
Work Highlights
- Santos Bevilaqua has defended IRB in a lawsuit brought by bankrupt estates of Mutual Seguradora in which it requested that IRB indemnified them for the claims covered by reinsurance contracts.
Strengths
Provided by Chambers
"A solution-oriented firm. Its lawyers don't just point out the problems - plus, they have an experience in the insurance market that really makes the difference."
"Santos Bevilaqua is a firm that has a competent team and offers a personalised service to the client, with clear and effective communication, always aiming to deliver the best solutions."
"The firm's work has been essential in complex matters we had that required a second opinion. Its team is made up of people who are able to deal with issues brought to them very objectively."
"A solution-oriented firm. Its lawyers don't just point out the problems - plus, they have an experience in the insurance market that really makes the difference."
"Santos Bevilaqua is a firm that has a competent team and offers a personalised service to the client, with clear and effective communication, always aiming to deliver the best solutions."
"The firm's work has been essential in complex matters we had that required a second opinion. Its team is made up of people who are able to deal with issues brought to them very objectively."
Notable Practitioners
João Marcelo Máximo dos Santos offers excellent capabilities handling regulatory insurance matters and hasa strong track record acting on SUSEP related issues.
"A lawyer who's incredibly knowledgeable on the insurance market."
"He's bold (in a good way). In a situation that presents multiple options, he's not afraid of saying what he should do, giving us a lot of reassurance."
"João Marcelo and his team give us appropriate guidance. We appreciate his knowledge, which is based on what he has experienced dealing with Brazil's insurance authority (SUSEP)."
Keila Christian Zanatta Manangão Rodrigues joins the ranking this year on the strength of her steady work in strategic insurance litigation. Her in-depth knowledge of the field is consistently complimented by clients.
"This is a professional with in-depth knowledge on insurance and who demonstrates a genuine interest in supporting our company in resolving legal issues in the best possible way."
"She deals with our most strategic insurance matters. An extremely technical person, who is flexible in her work approach. She brings topics to the practical level and understands processes thoroughly."
Up-and-coming partner Ana Paula Costa is well regarded within the insurance market for handling both consultancy and litigation cases.
"She's got plenty of experience and an incredible memory. Always remembers relevant cases. Plus, she understands how SUSEP operates."
"A professional with outstanding knowledge on insurance regulation."
Ranked Lawyers at
Santos Bevilaqua Advogados
Brazil
Members
Provided by Santos Bevilaqua Advogados
Daniela Matos
João Marcelo Carvalho
Keila Managão