Thursday, February 22, 2024

Kennedys Latam head of Financial Lines and Cyber joins Clyde & Co as a partner in Madrid

Global law firm Clyde & Co has hired Susana Martínez as a partner in Madrid to strengthen the firm’s Global Insurance group, joining from Kennedys, where she was head of Financial Lines and Cyber for Latin America and the Caribbean


Susana’s practice focuses on advice, coverage dispute and defence work in complex matter across multiple jurisdictions within EMEA and Latin America for leading insurers and reinsurers as well as insurance and reinsurance intermediaries, with a particular focus in financial lines.

Her expertise includes advice and Litigation in all types of financial lines products and claims, and she has also advised insurance and reinsurance companies on Corporate and Regulatory matters as well as Insurance policy wording drafting, including localisation to market according to legal framework and best local practices.

Susana joins from Kennedys where she was head of Financial Lines and Cyber for Latin America and the Caribbean. Prior to that, Susana worked at an international insurance law firm in Spain and from 2011 she worked for ten years at AXA XL, where she was Financial Lines Practice Leader for EMEA and Latin America.

Susana Martínez said: “Clyde & Co is the pre-eminent firm for financial lines in Madrid and beyond. I’m looking forward to continuing to develop my practice and making the best use of the platform available at the firm.”

Clyde & Co partner Ignacio Figuerol said: “As commerce has become increasingly globalised and interconnected, we are seeing multinational companies and their foreign directors and officers facing a much harder liability, legal and regulatory environment in many foreign jurisdictions, which in turn leads to a harder market for D&O insurers and reinsurers. This global exposure requires a global approach from law firms, and through Susana’s arrival we are deepening the expertise we can offer to clients wherever they need us.”

Susana is the second financial lines hire for the firm this year, following the arrival of Partner Stacey Rufe in Washington DC in February.

Clyde & Co’s Madrid office is led by a team of prominent and top ranked lawyers with considerable experience in a range of complex and contentious matters. The office’s primary focus is on the international insurance and aviation sectors, providing a range of contentious and non-contentious services. The Madrid insurance team has extensive experience in advising Lloyd’s syndicates, Spanish and international insurance and reinsurance companies on a wide range of complex contentious matters. The team has experience in advising on, amongst others, D&O, professional, product and medical malpractice liability.

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