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FOR INTERMEDIARIES ONLY

Underinsurance

FOR INTERMEDIARIES ONLY

No business wants to find itself underinsured in the event of a loss, as this can lead to a temporary or even permanent halt in operations. Insurers and brokers can play a significant role in helping customers to mitigate the risk of underinsurance. Recognising the importance of this issue, we have put together some resources which contain some practical steps that can help address this risk

When disaster strikes, having the right level of insurance cover is essential. But, as the economic environment shows more and more signs of stress and strain, the insurance industry must take steps to ensure that businesses don’t underinsure and inadvertently add to their pain if they suffer a loss.

Here we explore some of the current environmental factors relating to underinsurance, issues and how to prevent it.

nick hobbs
2021 manifesto resilience

Jul 21, 2021

Underinsurance Podcast
Following the end of the Brexit transition period on 31 December 2020, UK business owners are still adjusting to the new rules and regulations, and considering both the potential short and long-term implications for their organisations. In this article we take a look at some of the key areas which are likely to be impacted by Brexit, plus the role of the insurance industry in helping businesses to navigate ‘the new normal’.
Underinsurance Podcast

Apr 13, 2021

Listen to our poscast, with Steph McGovern, to gain expert insight into what can be done to reduce the occurence of underinsurance.
It is important for customers to have the correct sums insured so they are fully protected in the event of a loss or damage. The individual circumstances for each customer will vary; however, our guide covers most customer needs.
This promotional material is intended for insurance broker use only and no-one else should rely upon it.
It must not be made available to anyone other than the intended recipient, either in its original form or any reproduction.