20,000 victims of unauthorized Swiss legal insurance scheme

Fri, 19 Apr 2024
Conflict of Interest disclaimer: the author has resided in Switzerland, he has taken the Swiss citizenship oath and, from time to time, been party to legal and contractual relationships involving parties referenced in the JuristGate reports. The nature of these relationships is often declared within the research reports although we can't rule out the possibility some relationships or influences have not been explicitly itemized within every report.

The Wayback Machine has captured images of the Justicia SA web site in the weeks before the legal insurer was shut down by FINMA, the Swiss financial regulator.

Archive copy of site from 20 March 2023.

The site tells us they had 20,000 clients, 300 brokers reselling the insurance and 10,000 legal cases had been settled for their clients.

They do not tell us how many of those cases were settled in favor of the client.

How many clients committed suicide after losing legal disputes and losing their job or their business?

Justicia SA, 20000 clients
Conflict of Interest disclaimer: the author has resided in Switzerland, he has taken the Swiss citizenship oath and, from time to time, been party to legal and contractual relationships involving parties referenced in the JuristGate reports. The nature of these relationships is often declared within the research reports although we can't rule out the possibility some relationships or influences have not been explicitly itemized within every report.