Alejandro Padilla Mariscal, aon´s new Managing Director, Consulting and Science Reinsurance Solutions for Latin America.

Insuralex is pleased to present this executive report updated to the year 2024 on some of the most important topics of how insurance markets in Latin America are regulated and unregulated in each jurisdiction of the region. Issues of whether parametric insurance is permitted and whether there are any restrictions on insurance companies or policyholders will be addressed.

Parametric Insurance, AI, Cyber Risks, Hospitality claims and the future of insurance were the main topics discussed at the 2024 Insuralex Miami International Insurance Summit sponsored by Aon and advanta. Below you can find the main takeaways: How AI Adoption & Cyber Risks Are Transforming Insurance Claims Takeaways: AI integration in claims processing & underwriting: Efficiency and accuracy of claims …

Miami Chambers Latin America Awards 2023.Insuralex is glad to announce that an important number of its Latin American law firms have been awarded by Chambers Latin America in Miami. 

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 …

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 …