The insurance industry must turn its head to a number of critical business issues. Here we identify some of the issues we think are likely to make waves over the next 12 months: Brexit There hasn’t been a great deal of clarity in what will happen to the EU legal structure post-Brexit. Indeed, the UK insurance market has been largely …

Global reinsurance giant Swiss Re has announced the appointment of Mathias Jungen as Head of Reinsurance for Brazil and the Southern Cone, and that he will act as President of Swiss Re Brasil Resseguros S.A., succeeding Margo Black. Jungen joined Swiss Re in 2006 and has held a number of roles in both Switzerland and the U.S., before recently relocating …

This one day event will provide representatives from the Miami and Lloyd’s insurance market with the chance to network and discuss future business opportunities. Lloyd’s new Chairman Bruce Carnegie-Brown will give the keynote address, which will be followed by the ‘Meet the Market’ where we recreate the famous Lloyd’s Underwriting Room with a series of ‘boxes’ hosted by syndicate underwriters …

One of the strongest earthquakes to hit the Caribbean in modern times struck off the coast of Honduras on Tuesday night, shaking the mainland and setting off tsunami warnings that were canceled about an hour later. There were no early reports of serious damage or casualties on land after the quake struck shortly before 10 p.m. EST. Officials in Honduras …

Summer has just begun in the southern hemisphere, a season associated with rainfall and El Niño conditions. The phenomenon occurs because Kelvin waves warm the ocean and move the warm water from the western part of the Pacific (Australia) to the eastern part (South America). There is also a phenomenon called Coastal El Niño caused by warm water from the …

The AIG model evaluates a client’s cyber security maturity against 10 common attack patterns across 11 commonly used technology devices. The model incorporates critical security data, such as current threat intelligence from multiple sources, effectiveness of an organization’s cyber controls, potential impact of a cyber breach on an organization, and insights gained from the thousands of cyber claims handled by …

2017 was another challenging year for the Latin American Insurance market as the industry continues to be rocked by many natural disasters and uncertain political landscapes in some countries. FIDES El Salvador 2017, Reactions Miami 6th Annual Latin American Insurance and Reinsurance Forum and the 3th Miami Latin American Claims Forum were important networking and meeting points for the insurance industry. 2017 was …

Sedgwick Claims Management Services, Inc., a leading global provider of technology -enabled risk and benefits solutions, has signed an agreement to acquire Cunningham Lindsey, a global loss adjusting, claims management and risk solutions firm. An industry pioneer with 100 years of experience Cunningham Lindsey assists businesses insurance companies, brokers and policy holders around the world by offering expert support when …

Consumer Psychology and Neuromarketing offer essential knowledge for the successful sale of insurance and the detailed analysis of consumer behaviour. The application of the neurosciences to marketing allows for the analysis of desires, needs, experiences, feelings, memories, attention, perception, recall and motivations of people in greater detail. For the Latin American insurance market and the Miami insurance industry marketing usually …

An analysis of the determining factors of insurance penetration levels. The insurance penetration index, beyond the quantitative relationship that associates insurance premiums with the gross domestic product of a country, is an indicator of the way in which a company uses insurance as a mechanism to give stability to economic and social activity through the protection and compensation of risks …

When a crisis unfolded at the Guatapé hydroelectric plant, the experienced and speedy response of the insurance industry was critical, as Juan G. Uribe, managing director at RTS International Loss Adjusters, explains.   What does Guatapé represent for the insurance industry? Guatapé hydroelectric plant, owned by the utility Empresas Públicas de Medellín (epm), is one of the most important power …

A children’s hospital in hurricane-battered Puerto Rico has had its power restored thanks to electric-carmaker Tesla. The Hospital del Niño in San Juan, which has at least 35 critically ill patients, has been in dire need of electricity ever since the US territory’s  energy infrastructure was deciminated by Hurricane María last month. “Hospital del Niño is first of many solar+storage projects going live. …

RGL Forensics has a Catastrophe Response Team on the ground in Puerto Rico following the devastation inflicted by Hurricane Maria. Carlos Rivera, partner in RGL’s Miami Office and co-chair of the firm’s LatAm practice, recounts his experience. As storm waters recede and debris is cleared, residents and communities begin the task of putting their lives and businesses back together. But …

Foto: Uber Uber contrató a Seguros Sura y Axa Seguros México para proteger todos los viajes realizados a través de su aplicación. Desde el 2 de octubre de 2017, los viajes en la Ciudad de México y el Estado de México están cubiertos por Seguros Sura y aquellos en el resto de las 35 ciudades del país donde Uber tiene …

At McLarens we are always proud to announce growth in our organisation. We are reinforcing our presence in the Latin America region with the opening of a service location in São Paulo under the supervision of Clodoaldo Azevedo, Country Manager – Brazil. In further commitment to our clients in Latin America, we have appointed Nydia Diaz as Business Development Executive – Latin America. She is based out …