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New research shows UK asbestos cost

The Actuarial Profession has published new research showing that the total future UK cost of asbestos-related diseases is in the region of £8-20bn. The UK insurance industry is expected to face half this cost (£4-10bn).

More than half of this sum will be for mesothelioma, claims for which will continue to rise for the next decade. By contrast, claims for other asbestos-related diseases, such as asbestosis, will fall

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Q&A: Preferred’s Lee Sadowski

Having departed Crawford & Company in 2023, Lee Sadowski joined insurance property claims specialist Preferred – a company he had previously tried to buy – as chief strategy officer. Almost two years on he reflects on diversification and achieving zero complaints with a strategic client.

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