The hospitality industry is a vital economic driver in Latin America and the Caribbean, employing millions of people and generating billions of dollars in revenue annually. However, this flourishing industry also faces inherent risks, particularly in the form of liability claims. Incidents such as slip and falls, swimming pool accidents, food poisoning, and criminal acts can result in significant financial …

iNLIP, proud Media Partner of FIDES Rio 2023   Learn more about the Brazilian insurance market, which is hosting FIDES Rio 2023 Brazil – the host of the next meeting of the Inter-American Federation of Insurance Companies (FIDES), the 38th Western Hemisphere Insurance Conference (FIDES Rio 2023) – is one of the most prominent insurance markets in Latin America. In …

Once again, iNLIP, proud sponsor of the 2023 Latin American Conference Forces of Change: A New Chapter of Insurance     The Various Forces Driving Change will be the Focus of Executives Attending the Latin American Conference As new technologies and evolving customer expectations continue to disrupt new and traditional channel development, executives from life insurance and financial services companies …

Get the latest Swiss Re Institute sigma report by Fernando Casanova Aizpun, Senior Economist, Swiss Re Institute & Loïc Lanci, Economist, Swiss Re Institute & Roman Lechner, P&C Economic Research Lead & Arnaud Vanolli, Economist, Swiss Re Institute & Li Xing, Head Insurance Market Analysis, Swiss Re Institute Global economic growth has been stronger than anticipated so far this year, but a slowdown in the second half remains on …

Insuralex 2023 report: Anti-money laundering and terrorism finance controls – Obligations of Insurance Intermediaries Insuralex presents a comparative report that analyzes the role of insurance intermediaries in complying with anti-money laundering and terrorism finance controls in the insurance industry. This report is presented by Insuralex as a contribution to the Pan-American Confederation of Insurance Producers (COPAPROSE), as part of it …

The challenge of assessing the Loss of Sand from Hotel Beaches after a Hurricane   The beach replacement sub-limit  has special relevance in the Policies contracted by beachfront hotel resorts. The correct calculation of the volumes of sand displaced by the strength of the waves during the passage of Storms and Hurricanes represents an opportunity to comply with the Indemnity …

iNLIP, proud Media Partner of FIDES Rio 2023   FIDES Rio 2023: Find out the first confirmed panelists for this event, which will take place from September 24 to 26, 2023   The National Confederation of Insurers (CNseg), the organization responsible for organizing the 38th edition of FIDES, the biggest insurance conference in Latin America, which will take place from September 24 …

Last week at The Gherkin, Insuralex organized a seminar on the hot topic “Innovation and Sustainability in Insurance and Claims’. The Times They Are A-Changin’! We were delighted to see such a high level of engagement and interest from our attendees, and we are committed to continuing to provide thought leadership on important insurance law topics like parametric insurance, cyber, climate …

BLP is recognized as the Insuralex Law Firm of the Year We are thrilled to announce that BLP has been honored with the prestigious title of “Law Firm of the Year” at the Insuralex Annual General Meeting held in London. This remarkable achievement recognizes BLP’s exceptional legal expertise in serving the insurance industry. As the exclusive Insuralex member in Costa Rica …

Diego Monsalve is participating in the 2023 Insuralex´s London insurance market seminar and reception Regarding Parametric Insurance, Diego Monsalve will: Explain how parametric works and advantages over traditional insurance. Comment the differences from traditional insurance. Talk about the quickly payment of losses to allow insured to keep the enterprise running after a triggering event. How Parametric Insurance addresses coverage gaps …

2023 Insuralex´s London insurance market seminar and reception Climate change, parametric covers, natural disasters, wars, cyber-attacks, pandemic, insurtech, artificial intelligence, claims transformation… In times of unprecedented change and fast-paced technological advancements, Insuralex’ panel will address how this affects you – The Times They Are A-Changin’!         Follow the link and complete the form for Registrations (To allow …

With this appointment, Insuralex Peru (Osterling Abogados) strengthens its position as the leading Peruvian law firm advising the insurance and reinsurance market.   Rabeth Pareja is a lawyer from Universidad San Martín de Porres and holds a solid track record of more than 20 years in the insurance sector. He specialises in handling claims related to Civil Liability Insurance. Throughout his career, he …

Talanx becomes one of the top insurers in Latin America through acquisition of companies from Liberty Mutual Acquisition of select Liberty Mutual Insurance Inc. businesses in Brazil, Chile, Colombia, and Ecuador Insuralex Colombia (Brigard Urrutia) and Insuralex Ecuador (Pérez, Bustamante & Ponce) advised HDI International moves up to third place in the property and casualty insurance market in Latin America …

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 …

Marine Insurance: Quadra vs. XL Insurance On April 21st, 2023, the English Court of Appeals (from hereinafter, the “Court of Appeals”) issued judgment on the case N° CA-2022-000694 Quadra -vs- XL Insurance. In summary, the central discussion of the present case is referred as to whether Quadra Commodities S.A. had insurable interest with respect to the goods paid by them …