Colombia: Insurance contracts: implications of misrepresentations

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 …

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´s exclusive member in Colombia comments on the Draft decree regarding D&O policies on a claims made basis   The Colombian Ministry of Finance has published a draft decree intending to regulate the operation of the D&O policies on a claims made basis. The Ministry of Finance has published for comments a draft decree by which a new article will …

Save the date! Colombia | September 5th 2018 | “Los riesgos cibernéticos y su asegurabilidad en Latinoamérica” Insuralex Programme, speakers and registrations will be published soon. Insuralex is an affiliation of independent and Chambers awarded law firms. Its members are all recognized by their peers in their own jurisdictions as expert in the fields of insurance, reinsurance and defence litigation. Insuralex currently have …