What does the future hold for property insurance? In the latest instalment, Jonathan Swift looks at how in 10 years’ time new technologies from the Internet of Things to remote survey technology will see the property insurance sector move from a responsive model to a predictive one driven by data.
Fire is never a gentle master: What we’ve learned from previous crises on the rise of insurance fraud
This content sheds light on insurance fraud trends during previous crises, the factors driving SME fraud during the current crisis and why now is the time for insurers to invest in solutions that could save them from paying out fraudulent (fire) claims in the post-Covid period.
During the lockdown period, Crawford & Company has reported a 40% increase in reported fire-related incidents. This report focuses on the impact of lockdown on the number of UK commercial and domestic fire claims, as well as the factors contributing to the increase in fire-related claims.
Now we are emerging from lockdown, a new set of uncertainties have, understandably, come to the surface for many landlords. Karen Parry, a solicitor at Markel Law, sheds light on the recent developments that concern landlords and tenants, and highlights factors to consider before taking a lease.
Construction projects are inherently dangerous things and face a wide variety of unique risks, but there is one risk that is so common it can seem almost benign. Produced by AXA XL, this article focuses on why water is the new fire in construction risk and how businesses can mitigate the risks.
Included in the Coronavirus Act - and in the Coronavirus (Scotland) Act - is protection from eviction for commercial tenants that fail to pay their rent. This content briefly outlines the implications for commercial landlords and tenants.
Commercial property is facing hikes in premiums as insurers take a tough line on claims, whilst capacity is also reducing. Insurance Age’s article looks at the factors driving claims pressure and the steps brokers can take to weather the hardening market.
This guide is designed to help property and casualty insurance leaders prepare to take their first steps on a digital journey to a future defined by speed, innovation, and success. The guide studies the major forces shaping the P&C sector and the implications for how insurers need to respond.
Produced by AXA XL, this article sheds light on the various risks that contractors need to consider when building in areas with an elevated risk of wildfire and the actions construction companies can take to mitigate their exposure.
Every business has some form of environmental exposure and a fire just increases the potential for incurring environmental liabilities. Produced by AXA XL, this whitepaper focuses on the specific environmental exposures arising from fires and how businesses can mitigate the risks.