Global law firm Kennedys’ efforts to provide insurance clients with a comprehensive service across the Americas have been boosted by a new association with a boutique law firm in Puerto Rico.
The association means that Kennedys has extended its reach to seven new territories in Latin America and the Caribbean in just 18 months, following new offices in Brazil, Chile, Colombia, Mexico, Peru and Argentina – all of which complement the firm’s regional hub in Miami that opened in 2010.
San Juan-based Colón & Colón acts for a series of major insurers who see Puerto Rico as both an important jurisdiction in its own right and also as a gateway to Latin America. Its status as a US territory makes it a unique location.
Founded by Francisco J. Colón Pagán in 2002, Colón & Colón has experience on a broad range of insurance law issues, including property and casualty, products, aviation, marine and cargo, motor, environmental and medical malpractice claims. They advise on policy coverage issues and the defence of claims as well as subrogated recoveries.
Mr Colón Pagán is supported by partner Francisco J. Mercado Olivero, senior associates Johanna Rivera Cruz and Margarita Rosado Toledo, all of whom have more than ten years of experience.
Nick Thomas, senior partner of Kennedys, said: “Our expansion in Latin American and the Caribbean has been rapid but thought-through, with our clients consulted at every stage.
“We have many clients in common with Colón & Colón and they have highlighted both the value of a presence in Puerto Rico and the quality of work Francisco and his team deliver. This confirms the experience of our own lawyers’ dealings with Colón & Colón.”
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 this was a natural step to take.
“The aftermath of the hurricane has raised a lot of issues for insurers and reinsurers they will benefit from the combination of Colón & Colón’s expertise and Kennedys’ international reach and experience.”
Francisco J. Colón Pagán said: “This is the perfect move for our firm. We enjoy a similar culture to Kennedys and have experience working with their colleagues in Bermuda, Miami and New York. We also envisage that the association will generate more and higher-profile instructions. Insurance work nowadays demands a global perspective, and Kennedys is leading the way in giving the industry what it wants and needs.”
Earlier this year Kennedys announced the completion of its merger with leading US insurance law firm Carroll McNulty & Kull, creating a global insurance practice; an, the firm completed its merger with UK-based commercial litigation specialists berg, which strengthened its global commercial litigation practice.