Herbert Smith Freehills becomes AEFI’s new legal partner
The AEFI (Spanish FinTech and InsurTech Association) has announced that it has incorporated Herbert Smith Freehills as a new legal partner. Jaime Bofill, who has been linked to AEFI for years, has been the main driver of the alliance between the association and the law firm, which he recently joined as a new litigation and arbitration partner in the insurance area.
Eduardo Soler Tappa, managing partner of Herbert Smith Freehills’ Madrid office comments that “Jaime’s recent addition last July has been key to strengthening our practice in financial regulatory law, the insurance sector and the emerging areas of Fintech and Insurtech. With his experience and leadership, we are better positioned to offer innovative and strategic solutions to our clients in these dynamic sectors, and collaborating with AEFI is a further step in strengthening our contribution to the sector.”
Herbert Smith Freehills
In this way, Herbert Smith Freehills, with more than 5,000 professionals and more than 500 partners distributed in 23 offices around the world, will provide the AEFI with knowledge and experience in the management of complex transactions and cross-border disputes. The firm will work closely with AEFI to support the growth of the FinTech and InsurTech industry in Spain, making it easier to navigate a rapidly evolving regulatory environment.
With more than 100 professionals in its Madrid office, Herbert Smith Freehills has been advising large national and international companies since 2009 on commercial transactions, litigation and cross-border projects.
Jaime Bofill, who has been linked to AEFI for years as one of its main collaborators in the development of different reports and documents and as an advisor in different regulatory processes, such as the Sandbox, and with a long history advising national and foreign insurance companies, has been the main driving force behind the alliance between the association and Herbert Smith Freehills, a firm he recently joined as a new litigation and arbitration partner in the insurance area.
AEFI’s legal partner
AEFI President Arturo Gonzalez Mac Dowell acknowledges that “for AEFI, it is very important that firms of Herbert Smith Freehills’ international background and experience continue to place their trust in us, as they reinforce our daily work with the aim of improving the situation of the FinTech and InsurTech ecosystem in Spain. The global experience and in-depth knowledge that Herbert Smith Freehills brings will be key to help our associates understand and take on the regulatory and operational challenges that arise in this innovative environment and to make contact with regulators and other industry players. We have to thank Jaime Bofill, who has been accompanying and collaborating with AEFI since our inception, for his willingness to close the agreement and continue working with us”.
Jaime Bofill, partner in the Madrid office of Herbert Smith Freehills, said: “We are very pleased to join forces with AEFI as its new legal partner. This agreement will allow us to contribute with our knowledge and experience in the FinTech and InsurTech sectors supporting growth and innovation in Spain. At Herbert Smith Freehills, we are committed to helping our clients navigate a constantly evolving regulatory environment, and this collaboration with AEFI is an important step towards strengthening the country’s financial and insurance ecosystem.”
