Munich Re-introduced their new TRCM policy.

EBD Loss Adjusters Alliance, Ricardo Espinosa, Ernesto Bodenheimer and Juan Pablo Duhalde, leaders of R&G, EBD and Duhalde, were invited to the launch of this new product. A new challenge that promotes the understanding of cases under this new policy that we are starting to analyse in detail.

We thank Munich Re for allowing us to be present and so, to be up to date on their most critical updates to be at the forefront.

This new project divides the risks into three main groups: Material Damage to the Construction, Damage to Third Parties (contractual civil liability) and Financial Risks (to the owner of the project, to banks and financiers).

The projects that are insured are becoming more sophisticated, and even the insured values are bigger, increasing the risks. Insurance policies need to adapt to these new requirements in ever larger construction projects, which is why Munich Re has decided to respond with comprehensive solutions that respond to these complexities.

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