Home / People / Jaime Bofill

Jaime Bofill

Partner

Portrait of Jaime Bofill

Jaime Bofill

Partner

Contact
CMS Albiñana & Suárez de Lezo
Paseo de Recoletos 7–9
28004 Madrid
Spain
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.

more less

“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

“He is really responsive, business-friendly and commercial”.

Chambers FinTech

“Jaime and his team are really involved in payments and insurance and regulation”.
“He has good communication skills to help connect the different actors; Not all lawyers and technical experts have this ability”.

Chambers FinTech

“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

“He is really responsive, business-friendly and commercial”.

Chambers FinTech

“Jaime and his team are really involved in payments and insurance and regulation”.
“He has good communication skills to help connect the different actors; Not all lawyers and technical experts have this ability”.

Chambers FinTech

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. 
more less

Publications

  • Jaime often writes articles and pieces on his areas of expertise for both specialist and general media.
more less

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.
more less

Education

  • 2003 - Master's Degree in Law, Instituto de Empresa, Madrid (Spain).
  • 1998 - Graduate of Law, Universidad de Navarra, Pamplona (Spain).
more less

Expertise

Feed

15/02/2023
In­sur­ance Group - In­sur­Tech Ex­pert Guide
Big Data, ar­ti­fi­cial in­tel­li­gence, block­chain solu­tions, along with the in­nov­at­ive use of web plat­forms and mo­bile tech­no­logy have brought dis­tinct ad­vant­ages to the in­sur­ance sec­tor. However, to fully take ad­vant­age of these ad­vances in tech­no­logy mar­ket par­ti­cipants must ad­apt to the shift­ing reg­u­lat­ory en­vir­on­ment.CMS In­sur­ance Group’s In­sur­Tech Ex­pert Guide in­tends to shed light on the out­stand­ing op­por­tun­it­ies that stem from the cur­rent rules on in­sur­ance dis­tri­bu­tion and di­git­al­isa­tion tech­no­lo­gies. The pub­lic­a­tion has also been de­signed to help tra­di­tion­al in­sur­ance and In­sur­Tech com­pan­ies pre­pare for fu­ture reg­u­la­tions.Our Ex­pert Guide cov­ers:Bel­gi­um­FranceIta­lyPo­r­tugalUkraineUnited King­domThe Neth­er­landsSpain
Publication
31/01/2023
New European Reg­u­la­tion on the di­git­al op­er­a­tion­al re­si­li­ence of the fin­an­cial...
Ri­cardo Plasen­cia & Lucía Es­cauriaza­On 27 Decem­ber 2022, Reg­u­la­tion (EU) 2022/2554 of the European Par­lia­ment and of the Coun­cil of 14 Decem­ber 2022 on the di­git­al op­er­a­tion­al re­si­li­ence of the fin­an­cial...
Publication
17/08/2021
An Itali­an and Span­ish up­date on In­sur­tech and pub­lic of­ficers li­ab­il­ity
The main In­sur­tech trends are clear evid­ence of the sales re­volu­tion. The spread of com­par­at­ors, di­git­al in­surers and brokers, on­line cross-selling, on-de­mand in­sur­ance, IoT, di­git­al ID and re­mote sub­scrip­tion re­quire both an as­sess­ment of ap­pli­able reg­u­lat­ory frame­work as well as a re­flec­tion on the im­pact of new reg­u­la­tions on di­git­al mar­ket play­ers.The ad­equacy of the ex­ist­ing reg­u­la­tions is cur­rently be­ing ad­dressed by do­mest­ic Reg­u­lat­ors with the aim of in­tro­du­cing ef­fect­ive rules to sup­port risk man­age­ment and im­prove cus­tom­er ex­per­i­ence.This pub­lic­a­tion of­fers a video re­cord­ing and present­a­tion of the CMS We­bin­ar held on 8 Ju­ly 2021 which covered the latest de­vel­op­ments in the area of in­sur­tech in Italy and Spain.It also provides an over­view of the re­cent le­gis­lat­ive re­form in Italy of pub­lic of­ficer­s' li­ab­il­ity and the im­pact of the new reg­u­la­tion on the ex­ten­sion of in­sur­ance cov­er­age, which in­surers should know to prop­erly face the un­der­writ­ing pro­cess.
Publication
12/08/2021
CMS Glob­al Fintech Up­date - Au­gust 2021
Be­low you will find top­ics of Au­gust 2021 news­let­ter:Fintech in Bel­gi­umFintech in Ro­mani­aFintech in Spain­Fintech in South Afri­caFintech in Switzer­land­Fintech in UkraineFintech in United King­dom 
Newsletter
14/01/2021
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...
Deals
10/11/2020
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...
Event Webinar
09/09/2020
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...
Press releases
28/07/2020
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
Newsletter
29/06/2020
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...
Press releases