The right of subrogation of insurers is a common institution in most Latin American countries. However, although in all cases law establishes the right, the conditions regulating its exercise differ in each country. For instance, in some jurisdictions the right of subrogation applies to any insurance type, while in others certain types of insurance are excluded. Moreover, while in some …

Insuralex is launching a new free webinar: Insurance market in Ibero-America: responses in the post-COVID world   The COVID pandemic that hit the world in 2020 not only shook global health systems, but also impacted with particularly serious consequences in all economic sectors of society. The challenges posed for thousands of companies and states are not yet fully known. However, …

Insuralex (Insurance Law) Latin American Reports Series One of the great challenges facing insurers today is to have effective tools against insurance fraud. To this purpose, some Latin American countries have opted to include this type of conduct as a crime in their criminal law. Others, on the other hand, have opted for a generic criminal offense, such as fraud, …

Together, Insuralex  and Lowers Forensics can assist in complex claims that require a high specialization and that have an international component that requires specialized knowledge in diverse jurisdictions. Lowers Forensics International, a globally trusted financial forensics and risk mitigation firm, has joined Insuralex Global Insurance Lawyers Group as a key sponsor. Together, Lowers Forensics and Insuralex are working to create a world-wide referral …

Chubb announced the launch of Chubb StudioSM, a new global platform that will simplify and streamline the distribution of the company’s insurance products through its partners’ digital channels around the world. The platform enables Chubb’s partners in retail, e-commerce, banking, fintech, airline, telecommunications and other industries to add digital insurance options to their own product and service offerings. Chubb Studio provides partner …

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 …

This is the first of two unparalleled webinars offering a regional overview about the impact of the Covid-19 on the Latin American (Re) Insurance Industry. This webinar is aimed at and designed exclusively for insurance and reinsurance professionals as well as (Re) insurance intermediaries. Countries covered: Argentina, Bolivia, Brazil, Chile, Paraguay and Uruguay. Topics: Covid-19 and impact on the insurance …

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, …

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 more than 40 individual practices operating within the Group in Europe, North America, Latin America, Asia, Australia and the Middle East. Insuralex Latin American insurance law …

Bogotá | 5 septiembre 2018 | Plazas limitadas por orden de inscripción “Los riesgos cibernéticos y su asegurabilidad en América Latina”   Chubb, Munich Re, AON, JLT y los abogados de diferentes países de Latino América especializados en seguros de Insuralex participan en este interesante seminario gratuito sobre riesgos cibernéticos en la región. Entre otros temas, durante el evento los …

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 …

Is Brexit having any observable effect in Latin America? This post talks about trends and important topics that are affecting the Latin American Insurance market at this moment such as presidential elections, Brexit, etc.    The latest LMA Academy masterclass on May 29 provided a packed Lloyd’s Old Library with insights into trends and issues in Latin America from visiting …

Insuralex Annual General Meeting 2018 “Insurance 2018- Embracing Risk and Opportunity”

Audience: Underwriters, claims, wording, legal, compliance and regulatory personnel Event details: Tuesday 29 May 15.30 – 17.00 Old Library, Lloyd’s London EC3M 7HA CDP: This masterclass qualifies for 1.5 CII CPD hours More information and registrations: https://www.insuranceprofessionalslatam.com/insurance-claims-issues-latin-america-lloyds-insuralex/   Insuralex is a group created by independent law firms that specialise in Insurance and Reinsurance coverage, defence, litigation and all other related legal services. Globalisation …