The construction industry is constantly evolving, and with it, so is the insurance market that supports it. From the way projects are insured to the technologies shaping new builds, insurers must adapt quickly to keep up.
In the UK, ghost brokers have become a growing concern in the motor insurance industry, using crafty tactics to trick people into buying fake policies.
Ransomware attacks are a growing concern in the insurance world.
Recent global events have shown that resilience is vital for organisations to survive and thrive during turbulent times.
Legal problems can happen to anyone. Whether you’re a charity, council or school, you might face a legal dispute at some point.
Aviva research suggests that more than half of businesses have experienced an issue linked to lithium-ion batteries, such as sparking, fires and explosions.
Data from insurer Allianz reveals that one in five (21%) insurance claims where a vehicle hit a pothole leads to the vehicle being declared an insurance write-off.
Data released today by insurer Allianz reveals the high cost of fire-related claims involving lithium batteries. The average cost of these claims is £50,000, with fires caused by leaking and damaged batteries and overcharged e-vehicles combusting at home.
Underinsurance in the construction sector can pose significant risks, leaving projects vulnerable to financial losses in the event of unforeseen events such as natural disasters or accidents.
A shortage of skills in the motor repair sector is fuelling claims costs and pushing up motor insurance premiums.
