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14.4.2020 (Tuesday)

INSCOM-ICBA Czechia – Atradius – Force Majeure statement

no answer yet (on 9.4.2020) and thanks to Easter Holidays, I do not expect it before 14.2020

INSCOM-ICBA Czechia – Atradius – Force Majeure statement

Dear ICBA colleagues,

today I have send an official request to the Board members, or CEO of the insurer (below see Google translation):

Hello Mrs. …….,

Thank you for your ongoing information from your insurance company today.

The activity of our brokerage company INSCOM-ICBA is not limited in any area, on the contrary I perceive greater intensity and efficiency of our work. Together with our common customers, we continuously deal mainly with coverage for individual customers and mediate the flow of information in both directions (customer – broker – insurance company).

In addition to “standard” service work such as Tendering, Insurance Contract Audits, Customer Limits, and Claims, customers are also approaching us with an increased number of inquiries toward their insurance contract obligations.

We manage most of them without any problems. With one that we cannot be responsible for a broker, I now officially contact you:

”Does your insurance company look at the Coronavir pandemic and related government measures as a natural disaster, force majeure, or whether you include them under another lockout?” I mean the contractual documentation currently in use and the situation from 12/03/2020 to date, ie 8.4. 2020.

It is clear to us and the customer that he is also obliged to observe the obligations arising from the contractual documentation, ie to proceed with business with his customers with the care of a proper manager.

Thank you in advance for your comments, which we will provide to our common customers on request.

Sincerely

Tomáš Jandera, Managing Director / CEO