It is no secret that cryptocurrency is captivating audiences and opportunists on a global scale. By utilizing the cryptocurrency model of block chain technology, users can perform transactions more quickly and anonymously. As such, many believe cryptocurrency was initially created to facilitate illicit activity such as human trafficking and narcotics. That impression has since been replaced as more and more …

iNLIP, independent Network of Latam Insurance Professionals, proud Media Partner of FIDES Bolivia 2019. (XXXVII Conferencia Hemisférica de Seguros)   The 37th Hemispheric Insurance Conference of the Inter-American Federation of Insurance Companies (FIDES) will take place in Los Tajibos Hotel and Convention Center, Santa Cruz, Bolivia from 8th September to 11 September 2019. The Insurance related event will examine new trends and …

Given the nature of the business, the Insurance Industry coexists with uncertainty and in that vein, with the constant need to be prepared for whatever may occur.  For those working on underwriting, insurance products development, actuarial calculations for claims management, modelling and attempting to predict risk patterns, uncertainty is a constant source of concern.  The point is to be prepared …

Every claim brings with it a mountain of data. Some of this data is readily accessible and subjects itself to straightforward analysis. Think policy type, coverage, customer demographics, or loss history. Other data, such as witness reports, images, email text, or client financials, are much less structured. They don’t lend themselves to spreadsheets, summaries, or quick conclusions. This makes them …

Osterling Abogados, Insuralex´s exclusive member in Peru, advised the Peruvian association of insurance companies when making their case for the regulator to reconsider an opinion formerly issued against the validity of “claims made” clauses included in liability policies. In recent days, the Peruvian Superintendence of Banking, Insurance and Pension Funds Administrators (SBS as per its Spanish acronym) published a draft bill, …

AXA Mexico is looking for a Business Manager. (Spanish) Funciones del puesto: Colaborar en la definición, comunicación y ejecución de la estrategia a través de recomendaciones y propuestas basadas en el análisis de datos e investigación. Contribuir en la planeación de los objetivos en conjunto con el equipo directivo de la Vicepresidencia, dirigiendo acciones coherentes y alineadas a la estrategia …

Q&A with John Ganss, CPA, Senior Vice President at Lowers Forensics International John Ganss, CPA, is a senior vice president at Lowers Forensics International and has focused his 30-year career in forensic accounting primarily on first party property/casualty insurance claims or third-party liability claims. He helps insurance companies measure losses and resolve claims quickly and fairly. We sat down for …

This panel of Latin American insurance law experts, all members of the worldwide legal network Insuralex (www.insuralex.com), will provide the attendees with an update on Latin American underwriting, regulatory and legal issues. The speakers will summarise the status of each Latin American (LatAm) jurisdiction from different angles to give the audience an idea of the current situation of the insurance …

Lowers Forensics International is pleased to announce that they have further expanded their global reach with the opening of a new office in Mexico. The office, located in Mexico City, will be led by Alejandro Rose. Joe Scarlato, President International says: “This opening reinforces our strategy to establish a presence in key Latin American jurisdictions. It complements our well established Latin America …

Demand is on the rise for cold storage vault services for cryptocurrency. As CIT and vault providers work to meet the demand, they are facing risks that are at once similar and very different from those they encounter with their cash services. As a vault or transport provider, how well do you understand the risks of cold storage? Our latest …

Resolve small BI claims quickly and accurately is possible with a new small claims accounting service, powered by Stratis. Lowers Forensics makes small work of small claims using the power of our proprietary AI-driven modeling software. Insurance companies can save significant money while resting assured their small BI claims are handled quickly and accurately.   Stratis is the engine behind …

Axon Underwriting Services LLC, the Somerville, N.J.-based specialty lines program administrator, announced the formation of Axon Re to offer its cargo and stock throughput reinsurance program within the Latin American region. Axon Re will provide facultative and treaty reinsurance cover for cargo and stock throughput exposure, as well as for property and environmental lines for Latin American-based risks. Axon Underwriting …

Transatlantic Holdings, Inc. (TransRe) is to merge its North American and Latin American divisions into TransRe Americas, as part of a leadership transition that includes the retirement of Javier Vijil from his executive role after 26 years with the firm. Vijil founded the reinsurer’s Latin America & The Caribbean division when he opened its Miami office in 1993. He will …

The next Lloyd’s Latin America Showcase will be taking place in London on Tuesday 16th and Wednesday 17th of April 2019. Hosted over two consecutive mornings in London and exclusively to Lloyd’s Brokers, Managing Agents and Coverholders, you can hear from Daniel Revilla Head of Lloyd’s Latin America, his team from the Lloyd’s offices in Brazil Marco Castro Colombia Juan …

Marsh & McLennan Companies, Inc. completed the acquisition of Jardine Lloyd Thompson Group plc (JLT) for $5.6 billion in fully diluted equity value, furthering its role as the world’s preeminent professional services firm in the areas of risk, strategy and people. “Today marks the beginning of a new era with Marsh & McLennan and JLT coming together. This is a …