New partner joins Mattos Filho’s Insurance practice

Mattos Filho has announced that Adriano Guatimosim Carneiro has joined the firm as a partner in the Insurance, Reinsurance & Private Pensions practice. The firm’s partner count has now risen to 139, reinforcing Mattos Filho’s long-term vision and commitment to sustainable growth.

A specialist in insurance market transactions – including M&A, bancassurance, and other forms of insurance distribution – Adriano works on large-scale transactions involving publicly-held companies, as well as those involving the middle market and startups. He joins the firm at an important juncture for Brazil’s insurance industry, which is poised to grow nearly 10% on last year. According to the Brazilian Confederation of Insurers (CNSeg), the sector’s value is expected to increase from 6.2% to 10% of Brazilian GDP by 2030.

“Adriano’s arrival aligns with our strategy of offering outstanding service, keeping up-to-date with market trends and expanding our operations in key sectors. It strengthens our ability to develop our business sustainably,” explained Roberto Quiroga, Mattos Filho’s managing partner.

Award-winning insurance lawyer

Adriano has over 15 years’ experience and has advised major market players, including insurers, reinsurers, and insurance and benefits brokers, as well as handling insurance-related matters in infrastructure projects. As a specialist in the insurance industry, Adriano consults on M&A, corporate and regulatory matters, and interacts with regulatory agencies.

“In joining Mattos Filho – a leading reference among Brazilian full-service law firms –  I seek to make my contribution to the firm’s business strategy. Our work philosophies are closely aligned, and we share the vision that the insurance industry requires a highly specialized team familiar with the particular characteristics and challenges of the market,” said Adriano.

With a postgraduate degree in Corporate Law from the Brazilian Institute of Capital Markets (IBMEC-RJ) and a law degree from Pontifical Catholic University in Rio de Janeiro, Adriano has received a number of notable recognitions during 2023. Chambers & Partners Brazil recognized Adriano in its ‘Associates to Watch’ category, while Brazilian institution Análise Editorial’s Análise Advocacia 500 publication highlighted his performance in its Financial Transactions, Corporate, Insurance and Rio de Janeiro categories.

A multidisciplinary approach focused on market needs

Recognized as a market leader, Mattos Filho’s Insurance, Reinsurance & Private Pensions practice comprises over 20 professionals exclusively dedicated to serving the sector. Adriano’s arrival brings the partner count within the practice to five.

“Our practice is unique in Brazil as our work comprehensively covers all matters regarding the sector. Whether establishing insurance companies, creating insurance products, supporting litigation, or handling all types of transactional and regulatory work, we apply our expertise to deal with these matters according to the highest possible standards. Adriano’s arrival is perfectly aligned with our long-term project,” noted Marcelo Mansur, one of the partners in the practice.

Several internationally renowned legal sector institutions have acknowledged the team’s outstanding performance, confirming its position as a market leader in Brazil’s insurance sector. Chambers Global and Chambers Brazil have recognized the practice every year since 2011, while The Legal 500 and Latin Lawyer have consistently highlighted the practice’s work since 2012 and 2013, respectively.