Underinsurance
High Net Worth: Opportunities abound to target the top
Despite the economic conditions, high net worth insurance continues to thrive. But will this lead to a host of new entrants in the market?
Corporate Underinsurance: Improving understanding of business interruption cover
Last year's riots brought the problem of a lack of business interruption cover to the fore. What are the solutions to underinsurance in this area?
In conversation with Zurich: Corporate underinsurance for plant machinery repair and replacement
There have been a number of surveys that have highlighted underinsurance in the corporate market, with a heavy emphasis on business interruption and property reinstatement. But another insurable cost is often over-looked, that of plant machinery repair…
Post magazine – 23 February 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Q&A Peter Solloway
Peter Solloway, business development manager for Continental Europe at FM Global, pictured, spoke to Stephanie Denton about the challenges facing the French insurance market including exposure to nat cats, supply chain issues and distribution challenges.
XL tackles under and over insurance with property valuation product
XL insurance has joined forces with American Appraisal to offer what it claims are independent and unbiased valuations to customers.
Commercial property - Business interruption: Dealing with disruption
Deficiencies in business interruption policies have long been a source of debate, but what can be done to improve them, asks Veronica Cowan.
Microinsurance - A solution to all ills?
Microinsurance is being touted as the answer to insuring the poorest regions of the world against extreme weather threats. However, as Stephanie Denton reports, this may not be the case.
ARM launches building valuation service
Aspen Risk Management has launched a free building valuation assessment service for its broker partners and clients.
Claims Club news: even larger corporates are failing to review risk profiles
Commercial insurance in a post-economic crisis environment is "not fit for purpose" for many large corporate firms, Bruce Hepburn, chief executive of Mactavish, asserted.
Litigation fears in wake of NZ quake
The New Zealand earthquakes in September 2010 and February 2011 have left some brokers and insurers at risk of litigation, the chief executive of Cunningham Lindsey's New Zealand operation has warned.
Roundtable: Is there a cross industry solution to rebuilding costs?
The current approach to rebuilding costs can lead to both underinsurance and ill-suited reinsurance programmes. Post gathered together a host of industry figures to debate whether a cross-industry solution could be found. Leigh Jackson reports.
Post history – 15 years ago: Bomb blast buildings uninsured
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 15 years ago reveals.
Chilean earthquake – insurance lessons learnt one year on
Lessons learnt from the massive earthquake that struck Chile 12 months ago should facilitate the future handling of complex business interruption claims, says Jenny Larner.
RBS Insurance targets direct HNW market with ‘Select’ launch
Royal Bank of Scotland Insurance has launched into the mid and high-net-worth spaces with a single product/ multi-cover offering, which it plans to sell both direct in-house and through affinity partners.
Natural catastrophes: A model example of assessing earthquake exposure
Earthquake costs are rising steadily. Jane Bernstein examines insurers' current use of modelling, recent event responses and solution sustainability.
Claims update: Calculation challenges
The path for a subrogation claim by Air France was cleared when the French court found Continental Airlines responsible for the 2000 Concorde crash. Frédérique Hardy examines the obstacles and challenges inherent in complex recovery actions.
HNW - film & celebrity memorabilia: No business like showbusiness
The memorabilia sector is a growing market. Veronica Cowan examines why it can be so hard to value items in this burgeoning industry.
One in three businesses unsure of extent of cover
Some 34% of businesses are unclear if their insurance would cover every eventuality should they need to make a claim, research from Allianz has revealed.
Household - rebuilding costs: DIY SOS
The continued popularity of home improvements, coupled with cover miscalculations, has led to almost 80% of UK homeowners having the wrong level of insurance for their properties, writes Joe Martin.
ABI: cost of flood damage has tripled since year 2000
The cost of flood damage since 2000 has soared by 200% compared with the previous decade, with yet more people set to be at significant risk of flooding, according to the Association of British Insurers.
Biba warns of underinsurance perils
Consumers and businesses could be putting themselves at financial risk by cutting out or reducing key areas of insurance protection, the British Insurance Brokers’ Association has warned.
Jelf launches property offering
Jelf has launched a new proposition aimed at simplifying the insurance process for the property sector.
Commercial property - valuations: Wide of the mark
With recent figures suggesting as many as 77% of buildings are currently underinsured, Rachel Gordon investigates the root causes and potential solutions.