DLA Piper advises Nacional de Seguros on its entry into the Peruvian insurance market

DLA Piper advised Nacional de Seguros S.A., a Colombian insurance and financial services company, in obtaining authorization from Peru’s Superintendency of Banking, Insurance, and Private Pension Funds (SBS) to operate in the country.

The authorization enables Nacional de Seguros to operate in Peru as a general insurer focused solely on surety bonds, extending the company’s regional footprint in Latin America. The authorization also has the potential to strengthen competition and broaden the range of specialized insurance products available to businesses in Peru.

The DLA Piper team, led by Partner Sergio Barboza and Associate Farah Torres (both Lima), provided legal, corporate, and transactional support throughout the licensing process, including guidance on compliance with the prudential and regulatory requirements applicable to Peru’s insurance sector.

DLA Piper’s Latin America team offers full-service business legal counsel to domestic and multinational companies with interests and operations throughout the region. Our integrated approach combines local knowledge with the resources of DLA Piper’s global platform. With more than 400 lawyers practicing throughout Argentina, Brazil, Chile, Mexico, Peru, and Puerto Rico, together with our US-based cross-border attorneys, our teams frequently collaborate with colleagues across the Latin America region, the Iberian Peninsula, and around the world. DLA Piper’s global platform of 90+ offices in more than 40 countries enables us to serve clients’ legal and business needs, whether they are based in Latin America or seeking to do business there. For more information, visit Latin America | DLA Piper.