Underinsurance
Brokers' Brexit worries are growing, says Aviva
But research from the insurer shows that the number of brokers with succession plans in place has doubled since May 2018.
US and UK agree post-Brexit insurance trade deal
But broker warns of the threat of underinsurance if the UK leaves the EU without a withdrawal agreement as businesses stockpile.
Insurance Rage: Allianz's David Martin on underinsurance among SMEs
The insurer's director of SME and corporate partnerships implores brokers to tackle the problem.
Brokers have "heads in the sand" around succession, says Aviva's Bayles
Research from Aviva shows 9% of brokers are expected to leave the industry in the next year but only 13% of brokers have planned for their retirement.
Allianz rolls out new data initiative targeting underinsurance in SMEs
Provider says new data base notifies brokers if clients are at risk of being significantly underinsured.
MIB reveals first rise in uninsured accident claims for a decade
Organisation saw 10% rise in past 12 months.
AGB Risk Control to tackle underinsurance with BI product
The service assesses sums insured and indemnity period.
Editor's letter - July/August 2017
Underinsurance is a problem the industry has had to revisit time and again, so why hasn’t it been cracked yet?
SME Now and the future: Shining a light on underinsurance
Educating SME clients about the perils of underinsurance and persuading and advising them to take out appropriate levels of cover has never been more important, writes Edward Murray
Opinion: Biba's Steve White on tackling underinsurance
Tackling underinsurance isn’t being made any easier by the recent changes to the Ogden discount rate, explains Steve White
SME now and the future: Educating clients
Telling customers that their premiums are going up can be difficult, especially if you’re trying to explain the intricacies of IPT or the Ogden rate, writes Edward Murray
Aviva stakes claim to industry first with BI calculator and enhanced cover combination
Insurer's research shows that two-thirds of SME customers only take out business interruption cover for 12 months or less.
InsurTech Futures: Brokerbility joins forces with InsurTech firm
Partnership to help brokers ensure customers are not underinsured.
RSA research: Brokers see little business risk from Brexit
Survey also investigated the reasons for underinsurance in the SME market.
Biba launches under-insurance guide for SMEs
Customer focused edition follows on from guide for members issued in May.
NIG adds online calculator to help brokers tackle underinsurance
New tool designed for business interruption insurance.
In-depth - commercial lines: SMEs’ underinsurance problem
Many SME owners buy business insurance like they would car or contents insurance, but there are opportunities for brokers who explain the importance of avoiding underinsurance
Allianz rolls out new initiative to prevent SME underinsurance
Insurer previously confirmed it would no longer apply average to SME claims.
The ongoing problem of underinsurance
Experts reveal hope that the Insurance Act will help solve the industry-wide underinsurance issue
In-depth: Looking out for the little guy
Business from the SME sector is a lifeline for many regional brokers and, on the whole, intermediaries do a great job for their clients. However, lack of clarity on underinsurance and reputational risk, along with market-shaking issues such as IPT and…
Biba launches underinsurance guide
Sixth guide in the organisation’s professional indemnity series as trade body calls for minimum 24 month indemnity periods.
Industry calls for action on underinsurance
Brokers urged to help in fight against underinsurance and take the lead in educating clients
Time to get to grips with underinsurance
With the technology and amount of data now available, there is no excuse for not tackling underinsurance, argues Thomas Coles
IBSC launches consultation on under insurance
Discussion paper aims to establish what a broker's duties to a client should be.