Commercial Property

21/11/2024 - 4 min read

How aligning risk perception builds trust in property insurance

As UK property insurers confront a wave of emerging risks, research reveals a disconnect between their concerns and those of consumers, putting trust and profitability at stake.

Street In City Of London Financial District With Commercial Buildings

05/11/2024 - 5 min read

Tackling commercial underinsurance with data, education, and teamwork

Data, education and collaboration between insurers, brokers and policyholders can help bridge the commercial insurance protection gap.

27/09/2021 - 3 min read

How original loss curves can improve pricing in the London Market

Risk pricing is challenging when you do not have historical data as claims are random events with uncertain frequency and severity.

15/07/2021 - 4 min read

How to find reliable data in the Lloyd’s Market

Reliable data is an indispensable resource for actuaries, whether they are novices or seasoned practitioners.

23/09/2020 - 6 min read

Four ways aggregated cyber data can help the London Market

The lack of relevant and credible cyber insurance data remains a challenge for the London Market, making it difficult to make informed decisions around cyber risk.

01/04/2020 - 7 min read

Five ways UK property underwriters can suffer from premium leakage

Premium leakage remains a big challenge among UK property underwriters. This article highlights five common ways underwriters might suffer from inaccurate rates, higher loss ratios or unexpected costs from claims due to missing or misstated underwriting information.

30/03/2020 - 4 min read

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, and weather-related catastrophes will not abate due to the spread of COVID-19.

14/11/2019 - 4 min read

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.

30/10/2019 - 5 min read

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

By developing rating plan for subsidence and other ground movement risk, insurers can rate policies more accurately, increase market share, reduce loss ratios, and lower combined ratios.