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Posts related to ‘major and complex loss’

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February 12, 2024
David Gear, head of major loss, Scotland & Northern Ireland and Gary Wilson, technical director, complex liability
Commercial claims involving injuries or fatalities

As major loss adjusters, one of the most significant aspects of our career is producing a positive outcome for everyone involved in a claim. In many cases, this means that the impacted business was returned to its pre-loss state with their insurance …

February 12, 2024 by David Gear, head of major loss, Scotland & Northern Ireland and Gary Wilson, technical director, complex liability
Blog
February 01, 2024
Oliver Sager
head of loss adjusting services, Germany
Serving the needs of the German insurance market

One year ago, we launched our loss adjusting service offering in Germany based on our understanding of gaps in the market. Over the past 12 months, we’ve had the opportunity to take excellent care of clients and their policyholders across Germany dur…

February 01, 2024 by Oliver Sager, head of loss adjusting services, Germany
Blog
January 08, 2024
Scott Cameron, major and complex loss operations director, Sedgwick, UK; Justin Kuncaitis, senior forensic investigator, EFI Global, UK; and John Hinton, partner, Legal services, Sedgwick, UK
Fire risk in the UK: Are lithium-ion batteries the new chip pan?

Despite growing awareness and changes in technology, chip pans remain the most common cause of house fires in the UK, with around 12,000 cases every year, nearly 50 deaths and 4,600 injuries. There is, however, a ‘new kid on the block’, set to rival…

January 08, 2024 by Scott Cameron, major and complex loss operations director, Sedgwick, UK; Justin Kuncaitis, senior forensic investigator, EFI Global, UK; and John Hinton, partner, Legal services, Sedgwick, UK
Blog
December 06, 2023
Stephen Kerr
interim CEO, Asia
4 business lessons from the Asia insurance market

After more than 30 years in various loss adjusting and management roles in the UK and the international business, I had the good fortune to be appointed interim CEO of Sedgwick’s Asia operations. I’ve known since the age of 17 that I wanted to be a l…

December 06, 2023 by Stephen Kerr, interim CEO, Asia
Blog
October 19, 2023
Ben Price
head of operations, major and complex loss
Major and complex loss review 2023

In the first eight months of 2023, the U.S. was hit by 23 separate billion-dollar disasters — the largest number ever recorded. In July, the earth experienced its hottest month in 174 years. We witnessed devastating floods in Libya, earthquakes…

October 19, 2023 by Ben Price, head of operations, major and complex loss
Blog
August 21, 2023
Andrew Thomson
executive loss adjuster
As flood risks increase, so do the concerns for insureds

As temperatures continue to rise around the world, weather patterns become more unusual and unpredictable. Studies indicate that climate change will lead to more frequent and intense weather events, such as severe storms resulting in flooding. Rising…

August 21, 2023 by Andrew Thomson, executive loss adjuster
Blog
July 05, 2023
Damian Glynn, executive major and complex loss director and head of financial risks and Nicole Lawrence, commercial property adjuster
Business interruption cover: what it is, why it matters

In a typical day, a variety of situations may unfold that could stop a business’s operations in its tracks. Consider for example, a warehouse of consumer goods is heavily damaged by a tornado. It partially rips off the roof and destroys a considerabl…

July 05, 2023 by Damian Glynn, executive major and complex loss director and head of financial risks and Nicole Lawrence, commercial property adjuster
Blog
April 05, 2023
Aliette Fenton-Sharp
claims underwriting director, major and complex loss
Engineering new solutions for complex losses

The spate of activist attacks on fine art in major European museums last year may have quieted, but the vandalism reminds us that even the most fragile objects of history are constantly exposed to threat. Sedgwick is well positioned to help reduce su…

April 05, 2023 by Aliette Fenton-Sharp, claims underwriting director, major and complex loss
Blog
March 06, 2023
Hamish Blair
client relationship manager
State of emergency declared in New Zealand

On Tuesday, 14 February, and for only the third time in history, the New Zealand government announced a national state of emergency. The flooding and destruction that followed in the wake of Cyclone Gabrielle left Northland, parts of Auckland and the…

March 06, 2023 by Hamish Blair, client relationship manager
Blog
December 12, 2022
David Gear
director, head of major and complex loss (Scotland and Northern Ireland)
Tales and costs of the unexpected: when the level of cover is not enough

Many adjusters have found themselves in a common situation: whilst building sums insured and/or declared values are initially considered adequate, after testing, they are ultimately found to be insufficient. This is often due to adverse factors and u…

December 12, 2022 by David Gear, director, head of major and complex loss (Scotland and Northern Ireland)
Blog
October 26, 2022
Lisa Dalbeth, loss adjuster
Reflecting on the Tonga Earthquake

On 15 January 2022, the Hunga Tonga-Hunga Ha’apai submarine volcano erupted in the South Pacific. It produced one of the largest atmospheric explosions in recorded history, sending a plume of ash into the upper atmosphere. The eruption triggered a ts…

October 26, 2022 by Lisa Dalbeth, loss adjuster
Blog
September 21, 2022
Ian Newth - head of construction & engineering and Andrew Cavan - head of major & complex loss – North, Sedgwick UK
Civil unrest: Will history repeat itself?

We’re in the business of being prepared to respond to unthinkable situations. And while bad weather warnings indicate the potential for a surge event, there’s a new storm brewing that could hit anywhere, anytime and with little notice. The potentiall…

September 21, 2022 by Ian Newth - head of construction & engineering and Andrew Cavan - head of major & complex loss – North, Sedgwick UK
Blog
July 26, 2022
Eric Malterre, chief client officer – international and David Stills, SVP, carrier and risk practice
Climate change and risk management — challenges today and solutions for tomorrow

Lisez ceci en français. While climate change regulation remains a highly debated issue among nations, an increased burden falls to corporations and individual organizations to step up initiatives as a means of reducing carbon footprint and changing …

July 26, 2022 by Eric Malterre, chief client officer – international and David Stills, SVP, carrier and risk practice
Blog
July 20, 2022
Steve Powell, EVP, loss adjusting; Clare Cordingley, senior manager, major event response; and Brad Mountford, head of business development, Australia
Eastern Australia floods: regional catastrophe, global response

You probably recall that Australia experienced devastating bushfires in 2019-2020, as the catastrophe garnered global headlines. Regrettably, many fewer people beyond Australia are familiar with an even costlier and more recent disaster: the severe f…

July 20, 2022 by Steve Powell, EVP, loss adjusting; Clare Cordingley, senior manager, major event response; and Brad Mountford, head of business development, Australia
Blog
July 05, 2022
David Gear
director, head of major and complex loss (Scotland and Northern Ireland)
When crowdfunding meets an insurance policy

While it’s not a new concept, crowdfunding — raising funds through groups of people online — continues to draw the interest of many. This practice allows individuals to give to a member of their community, a business or a cause they’re pa…

July 05, 2022 by David Gear, director, head of major and complex loss (Scotland and Northern Ireland)
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