Claims Initiative of the Year.
The long, hot summer of 2003 concerned property underwriters as it became clear it would be an 'event year' for subsidence risk. Trees were the root cause and, as Ralph Savage reports, Royal & SunAlliance opted for a radical approach
Royal & SunAlliance and Marishal Thompson - Root of the matter.
Royal & SunAlliance spent the summer of 2003, when subsidence losses rose dramatically, on a steep learning curve in preparation for its
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