Profile
Roberto Panucci advises insurers, payment institutions, direct credit companies, investment platforms and their investors on two fronts that usually go together: authorization from the regulator and the corporate transaction that makes it possible.
He handles authorization and change-of-control requests before SUSEP, the Central Bank and the CVM, from corporate structuring and the business plan through final approval, including the migration of insurers from SUSEP's Regulatory Sandbox to the S3 segment. In M&A and venture capital, he advises corporate investors and founders on acquisitions, funding rounds and divestments involving fintechs, insurtechs and regulated companies.
An engineer by training before law, he closely follows the regulation of crypto assets, tokenization and artificial intelligence in insurance, topics on which he writes and is quoted by the press.
Practice areas
Selected experience
Authorizations, transactions and investments.
Regulatory authorizations and approvals 11
- 2026
LTI Seguros: from the Sandbox to the S3 segment
Prior authorization (Apr 2026) and final approval (Sep 2026) of the conversion into a fully regulated insurer.
SUSEPAnnouncement → - 2026
IBR Capital: authorization as a crowdfunding platform
Governance, operating structure and compliance of the platform under CVM Resolution 88.
- 2026
Guardian Seguradora: authorization for life and personal insurance
Prior authorization to write life and personal insurance nationwide.
SUSEPAnnouncement → - 2026
2P Seguros: S4 authorization and life and personal insurance
Final authorization in the S4 segment (Aug 2025) and authorization to write life and personal insurance nationwide (Jun 2026).
SUSEPAnnouncement → - 2026
Split Risk Seguradora: from the Sandbox to the S3 segment
Final authorization (Nov 2025) and approval of the capital increase and migration (Apr 2026).
SUSEPAnnouncement →
M&A and venture capital 6
- 2026
Loovi: buyback of Pablo Marçal's stake
M&A and regulatory work following the insurer's authorization in the traditional segment.
- 2026
Bradesco: R$ 15 million round in PX Data
Counsel to Bradesco in a round co-led by Vibra Ventures.
- 2026
Bradesco: R$ 57 million Series A in Saúde Bliss
Counsel to Bradesco in a round co-led by Kfund.
- 2025
Hospital São Domingos: leveraged buyout from Dasa (R$ 1.2 billion)
Counsel to the buyers; closed in December 2025.
- 2025
FIP Inovabra I (Bradesco): divestment from Skyone
Exit of the fund in the Series C round led by Advent International.
Undisclosed matters appear without names.
Recognitions
Rankings and recognitions.
- 2027
- Leaders League · Banking & Finance: Regulatory & Legal Opinions
- 2026
- Chambers Brazil: Industries & Sectors · Insurance
- Chambers Global · Insurance: Brazil
- Lexology Index · Brazil: Insurance
- Leaders League · Banking & Finance
- 2025
- Chambers Brazil: Industries & Sectors · Insurance
- Chambers Global
- 2024
- Chambers Brazil: Industries & Sectors · Insurance
- 2023
- Chambers Brazil: Industries & Sectors · Insurance
- 2022
- Chambers Brazil: Industries & Sectors · Insurance
- Insurtalks · Insurance Innovators
- 2021
- Chambers Brazil: Industries & Sectors · Insurance
- 2020
- Chambers Global · Insurance: Brazil
- 2019
- Chambers Global · Insurance: Brazil
- The Legal 500 Latin America · Brazil: Insurance
- Análise Advocacia 500 · Advogados Mais Admirados, Seguros
- 2018
- The Legal 500 Latin America · Brazil: Insurance
- Análise Advocacia 500 · Instituições Financeiras
News and press
In the press, events and insights.
- 22 Oct 2026
- 21 Oct 2026
- 20 Oct 2026
- 14 Oct 2026
- 9 Oct 2026
- 14 Sep 2026
- 23 Jun 2026
- 29 May 2026
- 20 May 2026
- 7 May 2026
Publications
Articles, chapters and guides.
- 2026
- 2025
Banking & Finance 2025, Brazil: Trends and Developments; Law and Practice (coautor)
Chambers Global Practice Guides
- 2024
Insurance & Reinsurance 2024, Brazil
Chambers Global Practice Guides
- 2023
Corporate Governance 2023, Brazil
Chambers Global Practice Guides
- 2023
Private Equity 2023, Brazil
ICLG, International Comparative Legal Guides
- 2022
Corporate Governance 2022, Brazil
Chambers Global Practice Guides
- 2022
Private Equity 2022, Brazil
ICLG, International Comparative Legal Guides
- 2022
Custódia de criptoativos: riscos e respostas regulatórias
Criptoativos, Tokenização, Blockchain e Metaverso (RT Thomson Reuters)