One in five cars damaged by potholes has to be written off
Data from insurer Allianz reveals that one in five (21%) insurance claims where a vehicle hit a pothole leads to the vehicle being declared an insurance ...
Average cost of battery fire claims hits £50,000
Data released by insurer Allianz reveals the high cost of fire-related claims involving lithium batteries. The average cost of these claims is £50,000, with fires ...
Avoiding Underinsurance in Construction
“Underinsurance in the construction sector can pose significant risks, leaving projects vulnerable to financial losses in the event of unforeseen events such as ...
Repairing the skills gap
A shortage of skills in the motor repair sector is fuelling claims costs and pushing up motor insurance premiums. As the shortage is exacerbated by the need for new ...
Biggest threats facing SMEs in 2024 revealed by Allianz
New research by Allianz Commercial has found that inflation continues to be the biggest threat facing small and medium-sized enterprises (SMEs) in 2024. The recent ...
The importance of setting an appropriate indemnity period
Underinsurance in business interruption (BI) policies is common, and can jeopardise an organisation’s ability to fully recover following a loss. Unlike other ...
