The claims for the extensive damage resulting from the recent floods on the coast in early December were, to a large extent, met by Spain’s Consorcio de Compensacion de Seguros (CCS). The CCS is a central compensation fund which is funded by a very small percentage of the sums insured on every insurance policy sold
We are pleased to confirm that we are nearing the end of the dramatic increase in workload created by the December floods, and the vast majority of our clients have now put the experience behind them. We opened in excess of 500 claims resulting from the unprecedented rains on the 3rd & 4th December, and have
It’s been almost two weeks since the disastrous storms and subsequent flooding in Malaga of the 3rd & 4th December, and for those of you who were unfortunate enough to be affected you are probably busy getting your homes, cars and business’s back to normal again and wondering how the Insurance industry is going to
The heavy rains of last weekend have left many people wondering how their Insurance policy will respond to the damages caused. The nature and intensity of the rainfall means that instead of being picked up by the Insurance Companies, the majority of the claims will be dealt with and indemnified by the Consorcio. So who
