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Jaime Bofill


CMS Albiñana & Suárez de Lezo
Paseo de Recoletos 7–9
28004 Madrid
Languages Spanish, English

Jaime Bofill heads the Insurance, Reinsurance & Innovation department at CMS Albiñana & Suárez de Lezo. He specialises in insurance, reinsurance, financial institutions, retail banking, payment services and the emerging areas of Fintech and Insurtech. 

He regularly advises on corporate transactions and insurance and reinsurance distribution, including M&A, the creation of joint ventures and business restructuring in the insurance sector, as well as advice on insurance and reinsurance policy cover. He has designed, coordinated and had a hand in numerous cross-border mergers between European insurers and is a renowned expert in portfolio transfers (at domestic and international level) and the sale and purchase of insurance companies. 

Jaime also specialises in regulatory law and relationships with the Spanish authorities, having been involved in countless complex cases before the Directorate-General for Insurance and Pension Funds. 

He has acquired vast experience in the payment services sector where he has worked for domestic and international enterprises on aspects relating to the Payment Services Directives and their implementation in Spain, not to mention his work on money laundering and its corresponding obligations. He has also previously worked for payment services companies on international matters.

He is ranked in Band 3 for Insurance and Fintech by Chambers & Partners and features as a recommended lawyer by Best Lawyers, Expert Guides and Who's Who Legal. In recent years he has received several Acritas stars as an independently rated lawyer and for his work on regulatory matters.

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“Bofill has innate qualities which help him come up with the best solutions”. “He is engaged, responsive, and always keeps us in the loop".

Chambers & Partners

Relevant experience

  • Jaime has advised sector-leading companies on a wide range of matters, including the Spanish FinTech Association (AEFI) on the formation of the sandbox in Spain, an international insurer on one of the first cross-border mergers in Europe involving a Spanish insurance company, several top-tier insurers on disputes and as an intermediary with the Directorate-General for Insurance and Pension Funds on regulatory matters, Fintech enterprises on authorisation processes with the Bank of Spain and several international payment services firms on setting up their businesses in Spain. 
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  • 2003 - Master's Degree in Law, Instituto de Empresa, Madrid (Spain).
  • 1998 - Graduate of Law, Universidad de Navarra, Pamplona (Spain).
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  • Jaime often writes articles and pieces on his areas of expertise for both specialist and general media.
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Lectures list

  • Jaime lectures on contractual law and professional civil liability for the Master's Degree in Access to the Legal Profession at Universidad Pontificia Comillas ICADE (Madrid, Spain). What's more, he has also acted as guest speaker at numerous conferences and events throughout his vast career.
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14 January 2021
CMS Spain ad­vises on first pro­ject sub­mit­ted to Span­ish sand­box
CMS Spain’s In­sur­ance, Re­in­sur­ance and In­nov­a­tion Team has ad­vised Bankia, one of Spain’s lead­ing banks, on the first pro­ject sub­mit­ted to the re­cently cre­ated FinTech reg­u­lat­ory sand­box in Spain.The...
10 November 2020
West­ern Europe we­bin­ar – Re­cent de­vel­op­ments im­pact­ing the in­sur­ance sec­tor
Dear all,We are de­lighted to in­vite you to a we­bin­ar, which will provide you with a brief over­view in­to the latest de­vel­op­ments rel­ev­ant to the in­sur­ance sec­tor.This event will cov­er: Italy First de­mand...
09 September 2020
CMS agrees spon­sor­ship deal with AE­FI as its new leg­al part­ner
Mad­rid, 9 Septem­ber 2020 The law firm and the as­so­ci­ation have joined forces to de­vel­op ini­ti­at­ives aimed at en­han­cing Spain's Fintech and In­sur­Tech eco­sys­tem. CMS will provide ad­vis­ory ser­vices to...
28 July 2020
Fintech Alert | New money laun­der­ing reg­u­la­tion: ex­changes, the blind spot
Our In­sur­ance, Re­in­sur­ance & In­nov­a­tion team has pre­pared this short guide on the new money laun­der­ing reg­u­la­tion and the blind spot of ex­changes.
29 June 2020
CMS ap­points Jaime Bofill to lead its new In­sur­ance, Re­in­sur­ance & In­nov­a­tion...
Mad­rid, 29 June 2020  CMS has ap­poin­ted Jaime Bofill to head up its newly-cre­ated In­sur­ance, Re­in­sur­ance and In­nov­a­tion de­part­ment.  Jaime Bofill spe­cial­ises in in­sur­ance and re­in­sur­ance, as well as...