All claims articles
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Analysis
How emerging technology could improve the claims process for businesses
Our sister publication Insurance Times asked industry experts how emerging technologies will impact the future of insurance claims management. Here’s what risk managers and insurance buyers need to know.
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Analysis
Risk managers must avoid “off the shelf” insurance as court disputes reach new highs
The latest data shows companies are being forced to court to get insurance claims paid. Here’s how risk managers can avoid getting burnt.
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Opinion
Construction claims and beyond… inflation and supply chain disruption
Construction costs are spiraling and delays to completion of projects may be inevitable, write Caroline Woolley and Steven Horne
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Analysis
2022 global nat cat claims breach $100 billion
In Europe, winterstorms Eunice, Dudley, Franklin triggered losses of over $4 billion, while France saw claims of $5 billion from hailstorms
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Analysis
Underinsurance risks remain as construction costs soar
Continuing high levels of inflation in construction costs could see claims disputes in the event of a property loss
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Analysis
COVID BI disputes are denting insurer reputations, warns GlobalData
Over a third of UK SMEs cancelling BI cover in 2022 cited disputes business interruption claims
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Analysis
Global nat cat losses surpassed $313 billion in 2022 - Aon
Windstorm Eunice was the costliest individual European windstorm since 2010, with droughts also causing severe impacts
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Analysis
Food and fuel top global cargo thefts
Thefts from hijacking have fallen as a proportion of cargo theft; these are now second to theft from facilities
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Analysis
Winter storms cost insurers $4.2 billion in 2022 - CRESTA
Weather-related catastrophes again dominated insurance industry losses in 2022, with three major events in Europe
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Analysis
How inflation is compounding business interruption
As rising costs fuel higher insured losses, risk managers will get preferential treatment for their organisational resilience
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Analysis
Legal claims against insurers surge by nearly 280%
Corporations are now more than three times as likely to have to sue insurers to get their claims paid, finds Mactavish
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Analysis
RIMS calls for long-term extension of NFIP
As Florida reels from Hurricane Ian, the US flood insurance program receives a brief reprieve
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Analysis
Pinning down inflation effects
Soaring inflation is creating issues on many levels - but there are things you as a risk manager can do
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Analysis
Pandemic drives claims in digital health and wellness
The new and unique combination of risks within digital health services create a complex web of interconnected exposures - Beazley
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Analysis
Smaller firms are becoming bigger targets for cyber criminals – Coalition
The cyber insurer’s head of claims says ’small businesses are especially vulnerable because they often lack resources’
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Analysis
Study exposes ‘blind spots’ in risk preparations at sports stadiums
Ahead of the World Cup, a research paper highlights common causes of severity loss and key risk management lessons
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Analysis
Cost of living crisis drives greater fraud volume
Difficult economic conditions are leading to higher levels of fraud from non-traditional perpetrators
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Analysis
Risk managers should ‘pick recovery over replacement’ to aid sustainability
As sustainable approaches burgeon in importance, risk managers have been urged to focus on recovery measures when disaster hits
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Analysis
UK subsidence claims rise by up to 500%
The summer’s extreme heat is to blame for a surge of subsidence claims in more drought-prone parts of the country
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Analysis
European winterstorm losses creep up to €3.74 billion - Perils
The latest estimate makes the February storms the largest European windstorm loss since Kyrill in January 2007