Virginia Martínez Fernández

I am a partner in Bird & Bird's Insurance and Reinsurance department in the Madrid office.

I have more than 15 years of experience in insurance regulatory, corporate and litigation matters. I have in-depth knowledge of insurance and reinsurance distribution and pensions plans regulation, designing insurance distribution structures, drafting and negotiating all types of contracts in the insurance field and filing matters with the Spanish Insurance Regulator. I also have experience designing and adapting insurance products, having assisted in the launch of a variety of insurance products in Spain. I have also participated in several corporate transactions (bank-assurance alliances, portfolio transfers, mergers, VIF and reinsurance transactions), covering the regulatory requirements and licence applications.

During my years as a lawyer, I have acted in many disputes related to insurance, including professional liability claims, industrial risks, product liability, construction damages and resolution of insurance and reinsurance coverage disputes.

• Advising Zurich in relation to the coverage under a cyber policy of a cyber attack to a bank in Latin America.
• Assisting Allianz on its bancassurance alliance with BBVA.
• Advising and representing Orange on its telcoassurance alliance with Zurich.
• Advising Cardif Lux Vie, Prudential and Sogelife on the adaptation of their unit-linked insurance policies to Spanish legislation.