4 July 2024news

Kennedys recruits new cyber and regulatory insurance partner

Kennedys has appointed Jesús Iglesias, from Clyde & Co, as a cyber insurance and regulatory insurance partner in Madrid. 

He joins the firm’s legal director, Clara Bermejo, and associate, José Temes, as the company aims to maintain its growth momentum in the Europe, Middle East and Asia regions.

These new hires follow those of Ignacio Figuerol, Ricardo Garrido and Susana Martínez, who joined as partners in Madrid with a team of nine lawyers in May 2024.

Iglesias’ main practice area is cyber, regulatory and corporate insurance. On the cyber side, he advises on breach response, coverage advice and privacy advice to policyholders under cyber policies. He has also advised a number of cyber insurers operating in Spain on their cyber policies and policy wording. His regulatory and corporate practice includes drafting policies, distribution agreements with brokers, advising on regulatory proceedings urged by the Spanish Insurance Regulator and the Spanish Data Protection Authority. And also, the incorporation of Spanish entities and local branches of EU insurers.

He also has extensive experience in international insurance programs and has advised multinationals and Spanish insurers on captive insurance schemes. In addition, Iglesias advises on reinsurance litigation and has been involved in several arbitration and court proceedings.

Iglesias is a professor of insurance law and regularly participates in conferences and seminars.

Andrew McGahey, Kennedys’ EMEA regional managing partner, said: “Jesus and his team are well known and respected as leading lawyers in providing cyber and regulatory law advice to local and international clients in what is a fast-growing area of law that requires joined-up and integrated global expertise, often delivered at speed. I know they will greatly enhance our already strong offering to clients in Spain, across EMEA and also globally.”

Isidoro Ugena, managing partner of Kennedys in Madrid, adds, “We warmly welcome Jesús and his team, who bring strong market relationships and cyber and regulatory expertise to complement our own in a range of legal risk advisory areas.”

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