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Maintenance contracts and machinery breakdown coverage.

18 February 2021

We have heard many times that if an important machine has a maintenance contract, it no longer needs to be insured for Machinery Breakdown. The foregoing is a gross error …

The study of the cause of Machinery Breakdowns.

18 February 2021

We are all well aware that ascertaining the cause of a loss event is essential in order to clarify the cover for the claim, determine liability for the same and …

Gas explosions: Importance of maintenance.

18 February 2021

Gas explosions are very conspicuous and have great media coverage, but they are very rare considering the large number of gas installations in Western countries. What happened a few days …

The consequential losses and the coronavirus.

18 February 2021

Unfortunately for the affected companies, the vast majority of the consequential loss policies contracted do not cover the serious economic consequences generated by the coronavirus, since the condition of the …

The coronavirus and contingency plans.

07 December 2020

In this pandemic, it was clear that we were caught off guard, since neither governments nor the vast majority of companies had contingency plans prepared. Businesses have generally reacted effectively …