Profile

Ignacio is a partner in Kennedys’ Madrid office. Prior to joining the firm in 2024, Ignacio was a partner at an International law firm in Madrid.

Ignacio has extensive experience advising Spanish and foreign insurers and re-insurers in domestic and international insurance litigation and arbitration and non-contentious insurance in the D&O, financial institutions and professional indemnity fields, in Spain and Latin America. In particular, he has handled major cases involving public offering of securities, directors and officers, financial institutions, auditors, insurance brokers, accountants and lawyers.

Ignacio's experience also covers a wide range of reinsurance disputes. He has recently advised insurers in connection with the few class actions in the US against Spanish companies. His practice also includes drafting and adapting insurance policies and reinsurance contracts to Spanish law.

Fluent in English and Catalan, he regularly speaks at seminars and conferences on directors and officers and professional indemnity insurance both in Spain and in the London market.

Ignacio has also written several insurance-related articles and books (co-author of the books “Ley de Contrato de Seguro: Jurisprudencia comentada” and “Directors´ Liability and Indemnification”).

Ignacio´s expertise and reputation in the Spanish market have earned him many awards and recognitions, frequently being recognised as a leading insurance and reinsurance lawyer in Spain. As stated in Chambers and Partners "market observers recognise him as a key player in the field". 

Market recognition

Legal 500, The International Who's Who of Insurance & Reinsurance Lawyers, Chambers & Partners and the Insurance and Reinsurance Expert Guides have ranked him amongst the leading individuals in the sector. 

  • 'Hall of Fame' for Insurance (Spain)
    The Legal 500 EMEA 2024

Work highlights

  • BBB: acting for insurers of the BBB policy of one of the Spain's largest banks in relation to losses amounting in total to €97 million. 
  • IPO insurance: acting for IPO insures of a Spanish financial services company. Criminal and civil proceedings against the insured for hundreds of millions of euros. Acting as monitoring counsel in the claims against the insured and acting for insurers in coverage arbitration and litigation.
  • D&O: acting for D&O insurers of Spanish tangible assets company in insolvency. Proceedings against D&O insurers by the trustees of the company ongoing -policy limit €50 million.
  • Acting for PI insurers of Spanish bank in relation to the failed implementation of a new IT platform for TSB clients in the UK.

Presentations and publications

Ignacio has also written several insurance-related articles and books (co-author of the books “Ley de Contrato de Seguro: Jurisprudencia comentada” and “Directors´ Liability and Indemnification”).