Ian Van Hoorde

Ian Van Hoorde is the president of the Asociación Panameña de Aseguradores, where he has been vocal about the implications of proposed legislative changes on insurance policies in Panama. Recently, he expressed concerns regarding Project Law 53, which aims to offer discounts on insurance premiums for drivers who do not file claims. While acknowledging the rising costs of mandatory insurance, he argued that the proposed law could lead to increased premiums overall and misinterpretations of how insurance works, emphasizing the importance of maintaining free competition in the insurance market.