
GabrielVarela Ordóñez
Head of Insurance Law at Fexlaw. Doctor of Jurisprudence with more than 20 years advising insurance and healthcare companies, and a specialist in private insurance.
Insurance law and surety bonds.
Gabriel Varela Ordóñez is Head of Insurance Law at Fexlaw. He has a solid track record in insurance, banking, civil and commercial law, with more than 20 years advising companies in the insurance and healthcare sectors, both in ongoing operations and in liquidation proceedings.
He served as liquidator and legal representative of Oriente Seguros S.A., Court Clerk and Attorney of the Coactive Collection Court of the Banco Nacional de Fomento, and litigation attorney for Banco Territorial in liquidation. His practice covers legal defense in judicial and administrative proceedings, corporate advisory work and professional training, with a comprehensive focus on technical matters, civil liability and surety bonds.
He holds a Doctor of Jurisprudence from the Universidad Central del Ecuador and a specialization in Private Insurance from the Instituto de Prácticas Bancarias y Financieras, where he has been an instructor since 2009.
Languages: Spanish
From the insurance sector to Fexlaw.
- 012005 – 2011 · 2014
CoopSeguros del Ecuador S.A.
In-house Legal Counsel · Compliance Officer
- In-house legal counsel and anti-money laundering compliance officer.
- Secretary of the Shareholders’ Meeting and of the Board of Directors.
- Legal advice during the company’s compulsory liquidation.
- 022009 – Present
Instituto de Banca y Seguros
Specialized Instructor
- Teaches the legal and technical aspects, civil liability and surety bonds of private insurance in Ecuador.
- 032011 – 2012
Constitución C.A. Compañía de Seguros · Asistanet S.A.
Legal Coordinator · Legal Counsel
- Coordinated the group’s legal department, public and private contracting, and litigation oversight.
- Healthcare service agreements and internal regulatory compliance.
- 042015 – 2017
Banco Territorial S.A.
Litigation Attorney
- Representation in insolvency, creditors’ composition and bankruptcy proceedings of the entity in liquidation.
- 052018 – 2022
Banco Nacional de Fomento
Court Clerk and Attorney of the Coactive Collection Court
- Handling of coactive collection proceedings to recover past-due loans within the entity’s liquidation process.
- 062024
Oriente Seguros S.A.
Liquidator and Legal Representative
- Full management of the liquidation process, including legal representation and administration of the company’s assets and liabilities.
- 072025 – Present
Fexlaw Abogados
Head of Insurance Law
Education in Ecuador.
- Doctor of Jurisprudence and Attorney of the Courts of JusticeUniversidad Central del Ecuador
- Specialization in Private InsuranceInstituto de Prácticas Bancarias y Financieras
Training in insurance and compliance.
- El Contrato de Seguro en el Nuevo Código de Comercio Ecuatoriano (the insurance contract under Ecuador’s new Commercial Code), Ediciones Legales (2019).
- Certification in Anti-Money Laundering and Counter-Terrorist Financing, ARASCO Consulting (2009).
- Instructor at the ECASEG insurance training school: Insurance Contract and Civil Liability.
Gabriel is part of the team recognized by the world’s most demanding legal rankings.





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