VISUALISE | INSIGHTS FOR THE UK AND IRISH INSURANCE MARKETS

Personal Property

04 February 2021

Beast from the East or just a cold spell? Insurers brace for freezing weather claims

As wintry weather sweeps across the UK, many insurers are cognisant that another potential 'Beast from the East' could lead to a surge in extreme cold weather claims.

18 May 2020

Storms Ciara, Dennis, and Jorge reinforce need for robust models

With storms Ciara, Dennis, and Jorge all contributing to the wettest February on record, it’s time for insurers to test whether their perils models are fit for purpose.

01 April 2020

Five ways UK property underwriters can suffer from premium leakage

Learn common ways underwriters might suffer from inaccurate rates, higher loss ratios or unexpected claims costs due to missing or misstated underwriting information.

30 March 2020

COVID-19 outbreak: Remote technologies ensure “business as usual” for claims adjusters

While the world faces logistical challenges from COVID-19, insurance claims will continue to occur, and weather-related catastrophes will not abate due to the disease.

04 February 2020

Freezing weather and burst pipe claims: Are insurers prepared for another ‘Beast from the East’?

UK insurers saw a significant spike in escape of water and weather-related claims during Q1 2018 when Anticyclone Hartmut struck Great Britain and Ireland.

14 November 2019

Death by a thousand cuts: Why Lloyd’s underwriters need better data for attritional losses

Not understanding the quality of a risk can lead to poor attritional loss ratios, which is why it's paramount that Lloyd’s underwriters not lose out to poor-quality data.

31 October 2019

Subsidence, heave, and other risks beneath: Why insurers can’t rely on just one data source

When developing a peril-specific rating plan for subsidence, heave, and other ground movement risk, property insurers can’t afford to rely on just one data source.