Standard business insurance may not compensate businesses for the lost revenues that they incur as a result of Covid-19. This blog highlights why insurance companies must address a large protection gap and create products which include business-interruption coverage for future pandemics.
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.
In this article, Mukadder Erdoenmez, Head International Casualty Europe at AXA XL, highlights how the casualty insurance market is adapting to help clients survive the Covid-19 crisis and enable them to change their own business models to help in the fight against the virus.
The product playbook: Guidelines for defining, planning and making the insurance products of tomorrow
Designed for property and casualty insurance leaders, this guide is intended to help P&C carriers prepare for a marketplace in which innovative, customer-focused product design and the speed at which those new products go to market – will define success for the leaders who plan accordingly today.
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.
This article focuses on the current state of the equipment breakdown insurance market and how preventative measures are helping to protect facilities’ financial health, whilst keeping equipment up and running, and high-quality products out for delivery.
FM Global were involved at every stage of the construction of a new Hershey’s chocolate production plant in Southern Malaysia. From site selection, review services and project management, our engineering experience and WorldReach® partner network has opened-up new sales markets for the US company.
For commercial property owners, getting “smarter” means more than integrating sophisticated technology into their buildings. There are also changing market dynamics to assimilate into their business models and evolving risks to understand and manage.
A new era of P&C claims management: Handling claims in an increasingly digital, analytic and flat world
The processing and payment of insurance claims is the moment of truth between property and casualty insurers and their customers. This whitepaper looks at the new technological tools and analytics capabilities available to P&C insurers which have the potential to transform their claims performance.
Widely used in Europe, cross laminated timber (CLT) is one of the newest and hottest topics and materials in American construction today. This article looks at the myths, risks and the value this product can deliver on a project.