UP Unit for Insurance Law and Governance is providing crucial professional advice to policyholders, intermediaries and insurers

Posted on August 24, 2020

 

The COVID-19 pandemic is the largest disaster to hit the insurance history, by far exceeding any NatCat (natural catastrophe) events to date. The Unit for Insurance Law and Governance in the Faculty of Law at the University of Pretoria (UP), of which Professor Kuschke is the Director, is providing crucial professional advice to policyholders, intermediaries and insurers. The Unit is also reporting to international bodies on the national regulations, statistics and development within the country, and on matters concerning transnational cover.

Kuschke has been involved in numerous national radio interviews regarding the impact of COVID-19 as a force majeure event, firstly on its impact on lease agreements, and then on the impact of COVID-19 on business interruption insurance claims. On 22 June 2020, she conducted a Radio 702 interview on explaining the effect of the new Directive issued by the Financial Services Conduct Authority on business interruption cover. The Unit is also providing the Regulators and insurers with an opinion on strategies to prevent the insolvency of insurance companies in the country.

Kuschke has been a member of the International Association for Insurance Law since 1998, and has been involved in various research projects relating to the insurance risks, insurance regulation and practice.  She currently serves as Vice-President: Academic on the Presidential Council of the International Association for Insurance Law, and is a member of two working groups within the Association.  Since 2014 she has been a Principal Drafting Member of UNIDROIT Project 7, an international project on drafting of universal Principles of Reinsurance Law (PRICL) of which version 1.0 was published in 2019. The study group is expanding the rules and was formally appointed for a second phase of the project. Kuschke is also a permanent corresponding member of the project on Principles of European Insurance contract law (PEICL).

A few links to Kuschke on this topic in the media:

For any queries, kindly contact [email protected].

- Author Elzet Hurter
Published by Elzet Hurter

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