🇧🇷Brazil

Multas Administrativas por Não Cumprimento de Prazos em Sinistros

1 verified sources

Definition

In claims advocacy and reporting, delays beyond 120 days for large risks result in automatic acceptance of coverage, leading to unrecoverable payouts on potentially invalid claims.

Key Findings

  • Financial Impact: Loss of denial rights forcing indemnity payments; penalties up to R$100,000 daily for non-compliance with SUSEP orders
  • Frequency: Per delayed claim or ongoing non-compliance
  • Root Cause: Manual delays in claims verification and reporting to SUSEP

Why This Matters

The Pitch: Insurance agencies in Brasil waste R$ millions on forced payouts and penalties due to claims reporting delays. Automation of claims advocacy and reporting eliminates this risk.

Affected Stakeholders

Claims Advocates, Insurance Brokers, Compliance Officers

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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