As a consequence from the promulgation of the law 1328 of 2009, and the “TLC” celebration between Colombia and United States of America, the Colombian law system will witness a new kind of law negotiation that before these times, was not legally thought possible: The international insurance contract. With this change of perspective and reality, we are now obligated to provide new answers to all the questions now related, such as, ¿what happens when a Colombian resident decides to subscribe a contract with a foreign insurance company?, and ¿which will be the nature or the applicable law to that international insurance contract? This work is intending to develop an approximation to the answers to some of those relevant questions, guiding by the foreign jurisprudence and the doctrine including the normal regulation of the insurance contract in our country. Besides, we will be seeing several local and foreign discussions about the relevance of the international insurance contract. In those terms, the “Applicable law to the international insurance contract” turns into a new suggestion to give the answer to these questions, and it is formally a good call to the experts on the subject and supreme judges to repair into the study of this matter from now on. So far, if the study continues, we will not be shocked on the year 2013 when takes place the first international insurance contract in Colombia.
