Underinsurance remains a persistent issue in the UK, arising when sums insured or declared values are insufficient to cover full reinstatement or financial exposure, leading to reduced claim payments under average clauses. Insurance professionals must proactively address this through education, professional valuations, index‑linking, and regular reviews—especially during periods of high construction, wage, and equipment cost inflation—ensuring brokers and clients fully understand the implications at both placement and claim stage.
With more than 20,000 property management firms insurers and brokers face growing demand for specialist cover
Move aims to shift broker conversations from price to resilience
Striking reversal in survey signals how the softening market is reshaping the way brokers plan to grow
Brokers are being urged to reposition management liability from a discretionary add-on to a core part of SME protection
Acapulco is being used as a test case for how rising seas, erosion and stronger hurricanes could threaten insurability of coastal hubs
