Insuralex´s exclusive member in the UK publishes a summary and analysis of the judgment in the FCA business interruption insurance test case   Following the hearing of the FCA business interruption insurance test case, which commenced on 20 July 2020 (you can read our summary of the hearing and the background to the claim here), the High Court handed down …

The fourth stop of the CQCS Innovation Latam, will feature international speakers who will debate on the topic: “Automobile insurance for the next generations”, in addition to presenting Cilia as Insurtech of the month. Registration Webinar: Automobile insurance for the next generations The event in English, will take place on September 30, starting at 5 pm, lasting 90 minutes and …

iNLIP, proud media partner at the 2020 Latin American VIRTUAL Conference New for 2020!  This year’s virtual format allows us to provide additional content applicable to even more people in your organization.  The multiple parallel sessions will be designed to address: Strategic themes aimed at executives Management sessions for supervisors and sales team managers Sales sessions for agents and advisors Highlights …

iNLIP, proud media partner at the 2020 Latin American VIRTUAL Conference See below confirmed speakers   Following the theme “Facing a New World: What’s Next for Insurance?” we are excited to bring you a thought-provoking program that will cover new solutions and strategies for companies to consider as they look to continue to grow and remain relevant in the future. Six Reasons …

Zurich welcomes the judgment in the UK High Court, which confirms that the wordings represented by Zurich do not provide cover for business interruption in relation to the COVID-19 outbreak Throughout the current crisis the Group has provided a wide range of support and relief to customers including the prompt payment of claims where coverage exists, resulting in a limited …

The High Court has ruled that the majority of businesses who held business interruption insurance and were forced to close due to the COVID-19 pandemic are entitled to be compensated by the insurers and that, subject to the limits of the policy, this compensation should return them to the position they would have been in had the pandemic never happened. …

iNLIP, proud Strategic Partner The 3rd edition of CQCS Innovation Latam is already scheduled and will take place on August 27 2020. With the theme “ife insurance in the new world order”. CQCS Innovation Latam exists to assist all Latin American insurance market players to seted up as agents of innovation for the development of society’s dreams and achievements protection. CQCS Innovation Latam is …

iNLIP, proud strategic partner The most important Marine Insurance Conference in Latin America   Attend the most relevant Marine Insurance Conference in the region, this time in a virtual format. Update your knowledge in Cargo, Hull and Marine Liabilities accompanied by (re)insurers, brokers, risk managers, adjusters, maritime lawyers and insureds from the Americas and Europe. Given the historical turning point caused …

As in previous editions, this Fundación Mapfre´s ranking classifies the main insurance groups operating in Latin America by premium volume, considering the total market as well as Life and Non-Life segments. This report provides a dynamic vision of said insurance groups’ growth, differentiating between structural trends (2009-2019) and conjectural situations related to annual performance (2018-2019). In addition, the last part …

iNLIP, proud Strategic Partner The second edition of CQCS Innovation Latam is already scheduled and will take place on July 23rd 2020. With the theme “The pandemic’s impacts on the health insurance market”. CQCS Innovation Latam exists to assist all Latin American insurance market players to seted up as agents of innovation for the development of society’s dreams and achievements protection. …

Tropical storm Amanda once again reminded us of our high exposure and vulnerability to disasters caused by natural disasters, now more frequent and severe as a consequence of climate change. The index-based insurances designed by MiCRO for El Salvador and Guatemala triggered payouts that will help affected clients recover faster. Extreme rainfall from May 27 to June 6 caused by …

Please join our panel of Insuralex legal experts from across the globe for an insightful and forward-looking live webinar on the key impacts that the current COVID-19 pandemic is having and will have on the (re)insurance industry.  “COVID-19 and the Global (Re)Insurance Industry – Thinking Ahead” How is the industry being impacted now? What is around the corner? What will …

The use of alternative dispute resolution mechanisms for insurance and reinsurance has become a growing practice in Latin America. In particular, arbitration has been widely accepted as offering flexibility, celerity and high qualified and specialized arbitrators, generating confidence, guaranteeing access to the administration of justice and relieving congestion in the ordinary jurisdiction Arbitration regulations in Latin America are not standardized …

iNLIP, proud Strategic Partner CQCS Innovation Latam is an international event, held in English, with simultaneous translation into Portuguese and Spanish looking to be a relevant connector of Latin American insurance professionals focused on insurance innovation, as well as to attract the main global players in the segment to interact with the organizers. CQCS Innovation Latam exists to assist all …

After successful pilots of an inclusive insurance product that helps families and microentrepreneurs to recover from the consequences of natural disasters in Guatemala and El Salvador, MiCRO started a regional expansion to maximize impact and reach scale Activities in the first expansion country, Colombia, are the result of a partnership with SBS Seguros Colombia S.A, and now with the valued …