There has been one primary factor that has driven motor claims inflation in the last 4 years and that is spares supply chain delays. There are other reasons of course, like labour costs, vehicle storage, […]
This new new survey reveals the frustration that brokers are feeling as claims cycle times expand, especially in Motor. Brokers often take the flak from annoyed policyholders, who don’t understand why it takes 8 weeks […]
Risk forecasting is a complex business, with natural cat events matched in severity by the impact of war, civil unrest, or the collapse of functioning governments. WTW has a new report which looks ahead at […]
Claims inflation has been a huge problem since Covid. Not just in terms of costs for insurers, repair and storage networks, plus recovery. Then there are supply chain issues on car parts, silicon chips or […]
The latest insights from Verisk, as they monitor materials costs, labour and supply chain delays in the property claims sector; Insurers are dealing with a complex array of challenges, raising questions in the UK insurance […]
The latest from Marsh McLennan, who have been thinking about supply chain issues and how to cope with them; Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy, […]
This data from Atradius can only be viewed as good news, as the business sector has struggled to absorb the huge impact of Covid closures, increased salary costs, plus supplier price hikes. Here’s the word; […]
The word from Lockton, who are working with Campden BRI to manage the supply chain risks for the food and drink industry. Lockton, the world’s largest independent insurance broker, has announced a global collaboration initiative […]
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