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Insurance

Business activity in today’s world involves the existence of risks of the most diverse nature. Of course, identifying them is possible for those who participate in the agreements to identify the best way to deal with them, whether they are transferred to the counterparty and assumed against the payment of a part of the price or to be transferred to professional insurers,
whose purpose is precisely their coverage.

CMS Rodríguez-Azuero is qualified to accompany sector players at the different levels that are recognized in Colombia, that is, reinsurers, insurers, brokers and insurance agents, as well as companies that need to be covered or that are in situations that require the invocation of the respective coverage, in light of loss.

Within the insurance sector and supporting it, the Firm has a particular recognition as a great specialist in guarantees of various kinds, both insurance and banking, fiduciary and mobile assets, to mention some modern ones.

Of course, when a dispute arises, our team works closely with the dispute resolution practice area.


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19/05/2023
Insurance law and regulation in Colombia
1. Introduction Under Colombian law, the insurance contract is a commercial contract regulated in Title V of Book IV of the Commercial Code and it is described as a bilateral, consensual, and aleatory...
01/06/2022
CMS Next
What’s next? In a world of ever-ac­cel­er­at­ing change, staying ahead of the curve and knowing what’s next for your business or sector is essential. At CMS, we see ourselves not only as your legal advisers but also as your business partners. We work together with you to not only resolve current issues but to anticipate future challenges and innovate to meet them. With our latest publication, CMS Next, our experts will regularly offer you insights into and fresh perspectives on a range of issues that businesses have to deal with – from ESG agendas to restructuring after the pandemic or facing the digital transformation. We will also share with you more about the work that we are doing for our clients, helping them innovate, grow and mitigate risk. To be able to provide you with the best support, we immerse ourselves in your world to understand your legal needs and challenges. However, it is equally important that you know who we are and how we can work with you. So, we invite you to meet our experts and catch a glimpse of what is happening inside CMS. Enjoy reading this publication, which we will update regularly with new content. CMS Executive Team
15/01/2021
Law and regulation of force majeure in Colombia
1. Is there legislation on force majeure in your law system? Yes, Colombian legislation deals with the two concepts of force majeure and fortuitous events together. These are one of the three limitations...
09/03/2020
The Civil Trust
Over the past few years, the civil trust has reappeared strongly, and its use is becoming increasingly frequent in legal relations, due to the economic and agile benefits that permeate this figure. The...
09/10/2019
New releases of the duration term in the civil proceedings in Colombia
The Article 121 of the Colombian General Procedure Code establishes that it cannot pass more than one (1) year to give a judgment in a first or only instance trial, counting this term from the claim admission...