Batalla’s experience in the insurance sector includes regulatory matters, risk management and insurance litigation.
We are the only Firm in Costa Rica with a specialized team on insurance litigation. Our Firm advices in complex matters such as personal injury, regulatory and coverage disputes and mandatory labor risk insurance affairs.
Batalla is well know for planning and structuring regulatory processes of authorization for insurance companies and broker agencies, before the National Superintendent of Insurance (SUGESE). We lead our clients through the registration of insurance contracts, regulatory compliance, reinsurance matters as well as mergers and acquisitions.
Recently we have successfully councelled Prisma Corredora de Seguros, the second largest insurance broker company by affiliated brokers, and Sinergia Correduría de Seguros, through the regulatory process of authorization. Batalla advised on different matters involving the entities` business plan, compliance structure, outsourcing contracts required for activities, internal manuals, initial staffing required as well as capital requirements for initiating activities.
Our firm has recovered compensation to Eurocenter (office condominium) for an accident provoked on its premises that affected over 25 business.
We advise Philip Morris International as head legal advisor for all tobacco lawsuits in Costa Rica, including those related to mandatory employer-provided labor risk insurance.