As adjusters and claims handlers, we frequently encounter claims relating to alleged defects or failures of products or services. In addition to common law duties and bespoke contracts entered into, there is legislation to consider, depending upon wh…
The marine insurance sector is a rather traditional business; we are not exactly known for being early adopters of innovation. Despite the tendency for slow adaptation to change, two factors are pushing the industry to begin thinking and operating di…
Loss adjusting is not just a science; it is an art. There is no doubt that loss adjusting requires technical know-how – or access to systems that provide such knowledge. The requisite proficiency spans a number of disciplines depending on the area i…
After plowing through the Caribbean, Hurricane Ian made landfall in southwest Florida on Sept. 28 as a dangerous Category 4 storm. The catastrophic event took the lives of nearly 150 people and caused an estimated $70 billion in property damage in th…
Imagine you purchase 10 timber crates of tools from a supplier halfway around the world. To get to you, the tools embark on a long and complicated journey: traveling on land (via train or truck) from the factory to an international seaport, getting l…
While the word “yacht” may evoke images of leisure cruising and carefree living for many people, vessel owners know there is much to consider when it comes to protecting their maritime investment. This is particularly true for those who sail to, or k…
For more than two years, news of global economic fluctuation — driven by the fallout of COVID-19 and a variety of climatic, geopolitical and other factors — has dominated financial headlines. The automotive industry is, of course, not imm…
Read the Dutch version Settling building damage poses challenges, especially during increasingly restrictive situations. As building and construction regulations continue to develop, customers and other parties in the market should consider how the …
Nearly one year ago, an Auckland-based manufacturer experienced a major fire that had a devastating impact. With the business, brand and the livelihoods of 50 employees at stake, the range of immediate concerns and challenges went beyond anything the…
For many public sector employees — including those with schools, municipalities, and utility districts — managing property losses may be just one responsibility of a much broader role. Imagine being a newly appointed school superintendent…
According to the National Lightning Safety Institute, it is not uncommon for lightning to strike a vehicle, moving or parked. The effects of the strike vary from vehicle to vehicle depending on the circumstances related to the storm and vehicle typ…