To claim or not to claim
It is not always the best option to claim for every claimable event, and swallowing the extra cost can actually save money at renewal. However, Peter Franklin says some claims are more appropriate than others
Businesses have been forced to alter their opinion of insurance. The collapse of Independent Insurance, tumbling stocks and 11 September are among various well-documented events that have indirectly contributed to insurance being pushed up the business agenda.
The resulting environment means brokers are rising to the challenge of helping clients manage risk. In addition to advising clients how to avoid claims, brokers are also informing them when it is advantageous not to claim even if they have
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