Throwback Thursday: Record fire loss; Sedgwick buys broker
Insurance Post’s Throwback Thursday steps back in time to January 1991 to remind you what was going on this week in insurance history when fire claims surged and Sedgwick was buying a broker.
10 January 1991: Record fire lossesAn increase in commercial and industrial fires was blamed for the worst fire losses to hit insurers since records began in 1958.
According to Association of British
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Claims
From green screens to AI: 30 years of change in claims
View from the Top: James Nicholson, chief claims officer of Zurich UK, examines how technology has transformed claims into a strategic, data-driven and customer-focused profession.
Aviva’s Cunningham tackles translating fraud for boards
Kat Cunningham, head of underwriting counter fraud at Aviva, said insurers need to change how they discuss insurance fraud with their boards, shifting the focus from operational performance to its wider business impact.
Is heritage building insurance ready for the future?
As climate risks increase, severe weather events become more frequent and restoration techniques and building materials become increasingly specialised, insurers face growing challenges in protecting the UK’s heritage properties.
BIA 2026 winner Q&A: Policy Expert chief claims officer Gary Barker
Gary Barker, chief claims officer, explains how moving from an outsourced solution to an in-house one laid the foundations for Policy Expert having significantly faster claims resolution than the industry standard by blending tech, expertise and proactive support.
Gateway Two delays drive up costs and prolong insurance claims
Uncertainty over building safety approvals is extending reinstatement timescales, increasing alternative accommodation and loss of rent costs, and putting pressure on policy limits, warns Garry Simmons, Chartered Insurance Institute claims community board member.
Should doomsayers be heeded over insurance’s brain drain?
Content Director’s View: Jonathan Swift explores if insurance's demographic timebomb could be potentially defused, whether the problems is being blown out of proportion, or if it set to create a massive hole in the sector’s future well-being.
OpenAI reveals ‘strength and depth’ of security insurers need
Viyat Bhalodia, a member of the technical staff at ChatGPT creator OpenAI, has outlined the security controls insurers need when using artificial intelligence agents.
Throwback Thursday: Aids debate
Insurance Post’s Throwback Thursday steps back in time to October 1991 to remind you what was going on this week in insurance history when the sector was counting the cost of Aids and defending the questions it asked life insurance applicants.