Alex Croydon

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.

25/07/2023 - 2 min read

Is Climate Change Causing a Huge Surge in UK Subsidence Claims?

Last year’s surge in subsidence claims are a harsh reminder of just how damaging the effects of hot weather can be.

16/02/2023 - 5 min read

Five ways UK commercial property data is becoming more sophisticated

Increasing employee diversity can support the public perception of an insurance company, the pride of its workforce, and the growth of its customer base.

18/07/2022 - 3 min read

UK heatwave: Could record-breaking temps spell more subsidence claims?

While the UK faces exceptionally high temperatures, prolonged periods of hot and dry weather could increase the risk of subsidence.

14/03/2022 - 3 min read

Following Storm Eunice, do you know your insured property exposure?

Unusual storms serve as a reminder that claims history alone won't always provide a complete view of exposure.

09/12/2021 - 4 min read

Oversimplifying contents cover creates challenges for home insurers

Knowing how much contents cover is appropriate in a home policy is a challenging endeavour for both insurers and their customers.

08/09/2021 - 3 min read

How can UK insurers obtain meaningful ADAS data?

Motor insurers may struggle to process the data around existing ADAS features in a vehicle and turn it into useful underwriting information.

24/08/2021 - 3 min read

How can home and motor insurers adapt to looming FCA reforms?

The upcoming reforms have caused many insurers to re-evaluate their approaches to pricing home and motor policies.

04/02/2021 - 3 min read

Beast from the East or just a cold spell? Insurers brace for freezing weather claims

As wintry weather sweeps across the UK, many insurers are cognisant that another potential 'Beast from the East' or wave of unusually cold spells could lead to a surge in extreme cold weather claims.

25/01/2021 - 2 min read

Geodemographic segmentation in insurance paves way for better customer engagement

Geodemographic segmentation gains traction as a way for insurers to identify groups that share similar characteristics for market analysis and decision-making.

18/05/2020 - 4 min read

Storms Ciara, Dennis, and Jorge reinforce need for robust models

With storms Ciara, Dennis, and Jorge all contributing to the wettest February on record, it’s a sensible time for insurers to test whether their perils models are fit for purpose.

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.

30/10/2019 - 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.