Profile

Marco leads the Kennedys office in Lima. His practice is focused in corporate matters and dispute resolution, with particular emphasis on insurance, reinsurance regulatory advice, contracts, corporate conflicts, construction and arbitration.

Marco is experienced in commercial and regulatory aspects of the insurance sector, including investments, having advised insurers, reinsurers, brokers and adjusters in a variety of legal issues related to insurance, reinsurance, coverage disputes, and claim negotiations. He advises reinsurers in property and casualty claims, financial lines, aviation, marine, construction (CAR), surety and life amongst others, with a value in excess of 1 billion USD to this date.

Marco is usually appointed as lawyer for reinsurers in national and international arbitration processes related to all lines of insurance.  Marco also represents many foreign international reinsurers and brokers.

Marco was the exclusive winner of the Client Choice Awards 2018 in insurance for Peru and top ranked in several other publications such as Chambers and Partners, Legal 500 and Who’s Who Legal.

Marco contributed to the writing of Kennedys' 'Global forecast 2024: Evolving insurance risks' report, published in January 2024.

Marco also contributed to the fourth edition of Kennedys’ Global Legal Handbook, one of our most popular guides, which outlines the main legal and procedural issues that case handlers may encounter when dealing with claims across 53 jurisdictions globally.

Marco Antonio Rivera Noya is an expert in the insurance field. His knowledge goes beyond the law, he knows the market very well, and has the ability to solve problems creatively, which brings great value to the table.

Market recognition

  • Notable practitioner and Band 1 ranked lawyer for 'Insurance (Peru)'
    "Marco Antonio Rivera Noya is an experienced legal counsel. He provides great solutions and has a great business acumen."
    Chambers Latin America 2024
  • Hall of Fame and recommended lawyer for 'Insurance (Peru)'
    "With Marco Rivera at the helm, the practice continues to advise advises local and international insurers, reinsurers, brokers and adjusters on claims, disputes, policy wording and public law matters. Noya focuses on the commercial and regulatory aspects of the insurance sector and is well versed in international arbitration."
    The Legal 500 Latin America 2023
  • Recommended lawyer for 'Dispute resolution (Peru)'
    "Lima office head Marco Rivera Noya also regularly co-leads on, or assists with contentious mandates."
    The Legal 500 Latin America 2023
  • Notable practitioner and Band 1 ranked lawyer for 'Insurance (Peru)'
    "Revered partner and head of department Marco Rivera plays a key role advising insurers and reinsurers on high-profile insurance claims, the incorporation and registration of local subsidiaries, and complex coverage analysis. He continues to elicit extensive market praise, with one client noting: 'Marco Rivera is a good lawyer who is a brilliant strategy designer.' Another respondent goes on to enthuse: 'He possesses ample knowledge of the sector and offers excellent results.'"
    Chambers Latin America 2023
  • Leading Individual and recommended lawyer for 'Insurance (Peru)'
    "The local team, led by pacesetter Marco Rivera Noya, stands out for its unrivalled focus and comprehensive offering of corporate, regulatory and dispute resolution for an impressive mix of top-ranked international and domestic insurers and reinsurers. "
    "Marco Rivera is a lawyer with a lot of experience; he can provide solutions to complex situations. He is a fairly close consultant who does not hesitate to respond promptly and sharply."
    The Legal 500 Latin America 2022
  • Notable practitioner and Band 1 ranked lawyer for 'Insurance (Peru)'
    "Stellar partner Marco Antonio Rivera Noya comes highly recommended by interviewees for his expertise in the field, with one reporting: 'He has an outstanding technical knowledge, as well as an excellent commercial awareness.' They go on to add: 'He is very personable and easy to talk with and his advice is concise, erudite and to the point.' A market observer further describes him as 'an insurance and reinsurance specialist,' saying: 'There are few lawyers in Peru who can handle this market as well as he can.'"
    Chambers Latin America 2022
  • Leading Individual and recommended lawyer for 'Insurance (Peru)'
    "Managing partner and head of the insurance practice Marco Rivera is a market leader and immensely popular with clients for his knowledge and practical approach."
    The Legal 500 Latin America 2021
  • Notable practitioner and Band 1 ranked lawyer for 'Insurance (Peru)'
    "Market-leading practitioner Marco Antonio Rivera Noya comes highly recommended by clients, with one stating: 'Marco is the lawyer who gives me the most peace of mind in insurance claim cases.' Another interviewee appreciates that 'he has experience handling important mandates." Rivera Noya continues to be held in high esteem for his activity advising leading insurers and reinsurers on coverage issues, D&O claims and product liability disputes."
    Chambers Latin America 2021
  • Notable practitioner for 'Insurance (Peru)'
    "A very good, excellent lawyer and deals very well with problems in Peru"; "He is a good insurance specialist with good knowledge of insurance litigation."
    Chambers Latin America 2020
    "They (Kennedys in Peru) are the only insurance specialists in the market, and this allows them to have the experience of handling many complex cases."
    Chambers Latin America 2020
  • Who’s Who Legal 2020 Peru: Insurance and Reinsurance
    “Marco Rivera Noya provides first-rate regulatory advice in the reinsurance market, to clients across a broad range of industries including transport, financial and construction.”

  • Notable practitioner (Band 1) for 'Insurance' (Peru)
    Chambers Latin America 2019, 2020 
  •  Leading Individual for ‘Insurance’ Peru (Tier 1)
    'The definitive leader of the legal insurance market' and 'a pleasure to work with'; moreover he 'is always a step ahead' and 'willing to fight cases'
    The Legal 500 Latin America 2019
  • Tier 1 Leading Individual for ‘Insurance’ (Peru)
    “Head of Department Marco Rivera Noya is praised by sources, who underline ‘He is strong in negotiations and a leader in this field’ as other commend ‘his disposition, flexibility and professionalism.’ Clients additionally appreciate ‘his knowledge of the local regulations and jurisprudence.’ He has long-standing experience in the Peruvian insurance and reinsurance markets, with particular strength representing clients in related arbitrations.”
    Chambers Latin America 2018

Work highlights

  • Assistance to reinsurers in connection to directors’ and officers’ coverage due to the Lava Jato corruption scandal
  • Assisted reinsurers in relation to SAG Mill failure at an open pit mining project, a loss valued at USD 585 million
  • Acted on behalf of insurers regarding two commercial flight accidents
  • Actively participated in the drafting of the Peruvian Insurance Contract Law
  • Advised reinsurers, global insurers, brokers and adjusters in regulatory aspects in Peru
  • Advised Breca Group in its corporate reorganization, as well as in local and cross-border merger and acquisition deals