Insurance specialist Kennedys, which has been boosting its international ties in recent months, has entered into another formal association – this time with Chilean insurance boutique Sateler Depolo Diemoz (SDD).
A specialist litigation and arbitration firm, four-partner SDD is based in Santiago and has over 25 years’ experience in the Latin American market. The firm has previously worked with Kennedys and focuses on corporate, insurance, real estate, consumer, intellectual property and information technology matters.
Commenting on the alliance, senior partner at Kennedys, Nick Thomas (pictured), said the move was strategically important for the firm: ‘Expanding our international reach is key to our strategy and Latin America is an area of increasing importance to insurers and reinsurers. We will continue to look for growth predicted on client need and strong market opportunities.’
This association is the latest move for Kennedys, which has embarked on a number of formal tie-ups this year. Last month, the firm bulked up its presence in Singapore through a joint venture with local 30-partner firm Legal Solutions while in February it made another move in Latin Amercia with its association with Mexican firm Bufete Solís Marín, and, in January, it entered into a co-operation agreement with Chinese law firm AnJie.
In addition, late last year it boosted its Asia presence with a seven-lawyer aviation team, including two partners from Clyde & Co and one from Norton White while it also recently entered the Scottish market with the launch of two new offices in Edinburgh and Glasgow.