Dubai 
ParisReviewing insurance notification requirements
One of the most common reasons for insurance coverage disputes is a failure to notify insurers properly or in time.
Many businesses assume that insurance notification is required only once a loss has been fully quantified. In practice, most policies require notification when circumstances arise that may give rise to a claim, even if the financial impact is not yet clear.
Businesses may therefore wish to review:
- whether their policies include notification obligations triggered by potential circumstances rather than confirmed loss
- which policies may be relevant, including business interruption, political risk, directors’ and officers’ liability, trade credit or contingency policies
- whether coverage may apply where operational disruption affects suppliers, logistics routes or regulatory compliance
Early identification of potentially relevant policies can help ensure that notification obligations are satisfied and coverage is preserved.
CVML regularly advises clients on insurance notification obligations and assists organisations in reviewing insurance programmes to ensure compliance with policy requirements during periods of operational disruption.
If you or your organisation would like to discuss any aspect of this guidance note further, please reach out to your usual CVML contact, or email:
Hisham E. Oweiss, Partner, CVML (h.oweiss@cvml.ae)
Firas Zegallai, Associate, CVML (f.zegallai@cvml.ae)