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María José Martínez

Associate

mmartinez@carey.cl
+56 2 2928 2208

Her practice focuses mainly on the insurance and reinsurance industry, government procurement, international transactions, merger and acquisitions, regulatory matters, and commercial and corporate advisory services.

REPRESENTATIVE EXPERIENCE

  • Parque Titanium and Torre A on the loss adjustment process and negotiations with insurance companies on the interpretation and enforcement of insurance policies of three important office buildings in Santiago, Chile, that were entirely shut down for four months due to a flood.
  • Fairfax on the local insurance regulatory due diligence related to the acquisition of AIG´s commercial and consumer insurance operations.
  • Sencorp on the preparation and negotiation of agreements related to the reconstruction of Parque Titanium (a mixed-use project of three buildings) with co-owners and tenants, after a flood destroyed several floors.
  • Integro Insurance Brokers on the renewal of their professional indemnity policy, which is legally required for foreign reinsurance brokers registered in Chile.
  • Solairedirect on the structuring, negotiation and execution of an insurance and reinsurance package for the Los Loros Project.
  • AELA Generación on the structuring and negotiation of the insurance and reinsurance package for three wind farms.
  • Fennia Mutual Insurance Company on the preparation of a memorandum regarding an accident involving a truck of its Chilean subsidiary.
  • Travelers and Novae Syndicates on the successful defense and settlements of a dispute arising from an insurance claim involving two losses between the insured Puerto Panul and insurance company Compañía de Seguros Generales Penta-Security.
  • Several insurance companies regarding local regulations applicable to investments, shareholder agreements, outsourcing services and other regulatory matters.
  • Several reinsurance companies regarding local regulations applicable to reinsurance commercialization, reinsurers’ registration, local claims, and other regulatory matters.
  • Latin American Power on contracting the insurance package for the financing of San Juan project, an approx. 185MW wind electricity generation plant, located in the III Region of Chile.
  • OPIC and IFC on contracting the insurance package for the financing of Luz del Norte project, a photovoltaic plant of app 141MW, located near the city of Copiapó, Chile.
  • Liberty Mutual on the acquisition of Compañía de Seguros Generales Penta-Security, including relevant regulatory filings before the Chilean regulator.
  • A large European insurance group on the incorporation of Chilean holding companies, a new Chilean insurance company and the negotiation of a shareholders’ agreement.
  • A major international reinsurer with operations in the United States, United Kingdom, Canada, Lloyd’s London, etc., on the execution of their claims control clause, subsequent arbitration and successful settlement of earthquake and ancillary related claims against a local insurer.
  • Euler Hermes Seguros de Crédito and Mapfre Garantías y Crédito on their change of control and merger regarding their global credit insurance business JV.
  • European and U.S. emergency vehicle manufacturers and their subsidiaries on international tenders of the National Fire Department Board, and the execution of the corresponding international supply agreements.

ACTIVITIES AND MEMBERSHIPS

  • Professor of Insurance Law, Universidad Adolfo Ibáñez (2017-2018).
  • Member of the Chilean section of the International Insurance Law Association, AIDA.
  • Teaching Assistant of Constitutional Law, Universidad Adolfo Ibáñez (2010-2012).

PUBLICATIONS

  • Author of several articles of insurance law, corporate issues, energy, natural resources, labor law and other regulation matters, published in “Legal Development in Latin America” and “The Year in Review”, American Bar Association (since 2012).


Education

  • Law, Universidad Adolfo Ibáñez.
  • Pedro Luis González scholarship, Universidad Adolfo Ibáñez (2007–2011).
  • Best Student scholarship, Universidad Adolfo Ibáñez (2008–2009).
  • Degree on Insurance Law, Universidad Católica de Chile (2015).

Admissions

  • Chile (2013).

Languages

  • Spanish.
  • English.


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