Digital commercialization for insurers in Latin America ceased to be a long-term development project to became a top priority to them. It gained special relevance during the year 2020 due to the Covid-19 pandemic, whose effects prevented the insurance market from commercializing its products through the customary mechanisms. As jurisdictions in Latin America have several
A summary of the judgment in the FCA business interruption insurance test case Following the 8-day hearing of the FCA business interruption insurance test case, which commenced on 20 July 2020 (you can read our summary of the hearing and the background to the claim here), the High Court handed down its judgment on 15
Our exclusive member of Argentine has published an article (in Spanish) on the Impact of COVID-19 on the operational and construction all risk insurances. Please find the article below. The article highlightes the following topics: ·      Pandemic as a fundamental risk; ·      Absence of direct physical damage as a result of
Digital commercialization for insurers in Latin America ceased to be a long-term development project to became a top priority to them. It gained special relevance during the year 2020 due to the Covid-19 pandemic, whose effects prevented the insurance market from commercializing its products through the customary mechanisms. As jurisdictions in Latin America have several
A summary of the background to the test case and the keys issues following the conclusion of the hearing On 30 July 2020, the High Court hearing of the FCA’s business interruption insurance test case concluded. The FCA intends to resolve the uncertainty as to how business interruption insurance policies should respond to Covid-19 related
Rick Hammond, current member of Insuralex´s board of directors, Illinois Defense Counsel (IDC) past president and partner with HeplerBroom LLC, has been appointed by the Illinois Supreme Court to the newly formed Task Force on Court Operations During COVID-19. Rick will act as the voice for IDC and the defense bar on the task force.
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