Save the date! Redefining Insurance in the Age of AI. See confirmed speakers: David Colmenares: Director ejecutivo de Allianz Commercial para América Latina y CEO de Allianz Colombia. Rodrigo Figueroa: Chief Transformation, Technology and Operations Officer de AXA Colpatria. María Fernanda Acosta: Regional Sales & Business Development Manager de Munich Re. Iván Montenegro: Regional Legal Counsel de Swiss Re en Colombia. Sergio Lozano: Especialista en seguros corporativos de Bancolombia. Christian Hofmann: Gerente de QBE Re en Colombia. Daniel Fernando Rodríguez: Director jurídico de Advanta. Ana María Molina: LII Latam & US Regional Counsel de Liberty Mutual Insurance Company en Colombia. Andrés Fernández De Castro: Director de la práctica de Tecnología, Medios y Telecomunicaciones (TMT) de Brigard Urrutia.

Everest announced the establishment of its local entity in Bogota, Colombia, Everest Compañía de Seguros Generales Colombia S.A, following regulatory approval from the Superintendencia Financiera de Colombia… If you don’t have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content. For more information on …

Colombia: Insurance contracts: implications of misrepresentations

Join the exclusive in-person event on Parametric Insurance in Colombia organized by Insuralex and Brigard Urrutia,  its exclusive member in Colombia. Discover the future of risk management and how parametric solutions are transforming the insurance landscape in Colombia. Engage with industry experts, network with fellow professionals, and explore innovative strategies. Don’t miss this opportunity to expand your knowledge and connect …

News about Parametric insurance in Colombia Insuralex´s Exclusive Member in Colombia, Brigard Urrutia, explains: The law that includes the National Development Plan, approved in the last debate by the Senate of the Republic and the House of Representatives, contains 3 articles authorizing and regulating parametric insurance in Colombia. The law is pending to be signed by President Gustavo Petro. Article …

The use of parametric insurance as an alternative to traditional indemnity-based insurance has increased over the last twenty years, particularly as a mechanism for insuring against extreme weather risks. Following said increasement, parametric insurance in Latin America has not received a standardized legal treatment. Every country has developed its applicable normative, at its sole discretion, depending on the requirements of …

The use of parametric insurance as an alternative to traditional indemnity-based insurance has increased over the last twenty years, particularly as a mechanism for insuring against extreme weather risks. Following said increasement, parametric insurances in Latin America have not received a standardized legal treatment. Every country has developed its applicable normative, at its sole discretion, depending on the requirements of …

At the Insuralex annual meeting held in Chicago on July 1st, 2022, Brigard Urrutia, exclusive firm member of Colombia, was distinguished as the “law firm of the year 2022”. Most Insuralex members highlighted the role of Brigard Urrutia’s insurance and reinsurance team director, Lucas Fajardo, as member of the Board of Directors, and regional leader for Latin America. In this role, …

Insuralex is pleased to announce that Lucas Fajardo, Director of Brigard Urrutia (Colombia), was recently designated as president of Insuralex, during its annual meeting held in Chicago on July 1st  2022. Lucas Fajardo has wide experience advising major players in the local and international insurance and reinsurance sector in handling national and cross-border insurance claims and complex transactions carried out …

Insuralex and FIDES (Federación Interamericana de Empresas de Seguros) have launched a report on insurance regulatory matters in the countries where FIDES has member insurer associations. FIDES represents 18 Latin American countries as well as Spain and The United States. Topics include: Licensing requirements for setting up insurers Regulatory and financial information Solvency requirements Supervision Distribution channels Reinsurance Investments Microinsurance regulations Cyber risk regulations Technology regulations …

Insuralex presents its latest report about life insurance law in Latin America. iNLIP insurance reports, news, articles, seminars, forums, webinars, etc.

During the last years Insuralex´s Latin America team has published many free reports related to key (Re) insurance topics such as: Parametric Insurance Reinsurance Criminal prosecution Liability Insurance Regulatory Insurer´s subrogation Insurance digital commercialization (Re) Insurance Arbitration Tax rates (Re) Insurance Premiums You can download these insurance related reports here.   About Insuralex Latin America: Insuralex Latin American insurance law …

Insuralex presents its new Facebook page Insuralex (Trusted Legal Advisors for (Re) Insurance) is pleased to introduce its new Facebook page, which focuses mainly on reports, articles, news, seminars, webinars, etc. related to (re)insurance. Insuralex focuses on clean, dynamic and visual content that supports the entire design structure. Designed to be friendly and safe to use, the homepage provides a …

Insuralex is the only insurance focused international network ranked in Global Chambers as a Leading Law Firm Network / Band 1. Founded two decades ago, in 2002, Insuralex (Trusted International Legal Advisors for (Re) Insurance) is a group created by more than 50 independent law firms from Europe, North America, Latin America, Africa, Asia and the Middle East that specialise in …

Insurance companies, like many others, are exposed to multiple risks and, therefore, they are concerned about having mechanisms to ensure their operations, avoiding that, in the event of a large loss, the exposure of their patrimony becomes greater. That is why reinsurance is such an important contract in insurance markets worldwide. It helps to (i) increase the financial backing capacity …