Isidoro Ugena

Isidoro Ugena

Partner Madrid, Spain

Isidoro is a Partner based in Kennedys’ Madrid office. Qualified in Spain in 1996, he has 21 years’ legal experience and for the last 12 years he has worked exclusively for the insurance and reinsurance sector.

He is an expert litigator and negotiator, handling matters for both local and London Market insurers and reinsurers. He advises domestic and foreign insurance and reinsurance companies on financial institutions claims, including both contentious and non-contentious matters. He specialises in directors’ and officers’ (D&O), public offering of securities, bankers blanket bonds, commercial crime and professional indemnity (PI) claims.

Isidoro has significant experience of monitoring court proceedings and acting as appointed counsel, protecting the interests of our clients, and also defending clients’ insureds in claims and lawsuits filed against them. He is an expert in coverage advice and policy wording as well as the analysis and evaluation of damages. He also frequently participates in seminars and conferences on D&O, financial institutions and PI insurance.

Qualifications

  • Qualified in Spain in 1996

Work highlights

  • Represented London Market reinsurers whose reinsured are the directors of the most important banks and financial institutions in Spain. These directors are being sued by investors who lost their investments as a result of the banks’ investment strategy.
  • Represented D&O insurers in cases of board of directors’ disproportionate retirement pensions and the falsification of bank accounts.