Two months after the explosion that affected the German Sanatorium, the administration of the clinic received US$8 million corresponding to the first disbursement of committed insurance.FR Group Insurance Brokers, advisor to the hospital center in the matter, managed with the insurance companies the prompt delivery of the resources, in order to advance in the reconstruction of the clinic in Concepción. “The insurance program that the Sanatorium has is comprehensive, with coverage specifically designed for its operation, including material losses and lost profits, in addition to different coverage for their civil liability exposures” explained Jaime Risopatrón, commercial manager of FR Group.
For their part, HDI and Mapfre estimate losses at US$25 million according to their preliminary calculations, and this first installment of US$8 million is part of a process that should last a few more months.
In this sense, Risopatrón assures that “the insurance taken out must leave our insured in identical conditions and with the same functionality as before the accident.”
Meanwhile, the main shareholder of the German Sanatorium, Javier Álvarez, highlighted the speed with which the liquidation process has been carried out, which has made it possible to speed up the return to a normal state of operations.
“Having 75% of the clinic currently operational is the result of joint and collaborative work that will allow us to be providing our clinical services in full on July 15. The rapid action of insurance has made it easier for us to achieve this goal,” said Álvarez.
Source: Diario Concepción, La Tercera
