Claims Club Asia: Finding the perfect approach

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Ahead of the inaugural meeting on 23 May in Hong Kong of the Claims Club Asia, Willis's Neil Thomas, one of the Claims Club Asia advisory board members reflects on a recent claims resolution.

Sitting on a flight home from a recent claims job and sipping a celebratory glass of wine, I had a chance to reflect on what makes some claims work effectively and others go disastrously wrong.

The

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Insurers face margin crush unless premiums are hiked

Data analysis: A sustainable margin recovery looks increasingly challenging for insurers with premiums needing to increase in real terms to prevent any erosion after a tripling of costs to 10.9% of premiums last year from 3.5% in 2022.

Stephen Wallace, McLarens

Steven Wallace is managing director of EMEA for global claims services provider McLarens and is the current president of the Chartered Institute of Loss Adjusters.