McDermott Will & Emery Represents Swiss Re in Its Investment in Klimber

NEW YORK, Feb. 12 -- McDermott Will and Emery, a law firm, issued the following news release on Feb. 11, 2022:

International law firm McDermott Will & Emery represented Swiss Re Group, one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, in its investment in Klimber Latam Corp, a developer of digital insurance products in Argentina. Together, the companies will work to simplify the insurance buying process and provide over 100 million underinsured individuals in South America greater access to insurance protection.

* The transaction closed on February 4, 2022.

* This investment in Klimber supports Swiss Re's commitment to narrow the insurance protection gap in Latin America, creating a leading digital ecosystem with a significant insurtech in South America.

* The McDermott team was led by Michael Halsband and Aroma Sharma and included Dana Breitman, David Levine, Lana Makoviy, Christina Martini and Cristina Sanchez.

* Read Swiss Re's press release here (https://www.reinsurancene.ws/swiss-re-invests-in-klimber-as-pair-look-to-boost-latam-insurance-penetration/).