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May 04, 2022
Martha McGorman
MCL adjuster
Maximum Indemnity Period: Is 12 months long enough?

All too often, we see claims where an insufficient Maximum Indemnity Period (MIP) has been set — resulting in serious consequences related to the recovery of the policyholder’s business. When the MIP — known as the time interval for insur…

May 04, 2022 by Martha McGorman, MCL adjuster
Blog
March 14, 2022
Rodney Milford, partner, forensic advisory services and Tom O’Hara, manager, forensic advisory services
COVID-19 business interruption claims: the financial implications of the recent appeal judgment in Australia

On 21 February 2022, the Full Court of the Federal Court delivered the highly anticipated judgment in the appeal of the second Insurance Council of Australia (ICA) business interruption test case. In this update, we explore the impact of this decisio…

March 14, 2022 by Rodney Milford, partner, forensic advisory services and Tom O’Hara, manager, forensic advisory services
Blog
December 21, 2021
John Armstrong, director - executive MCL adjuster and Martha McGorman, commercial property adjuster
The SME underinsurance crisis

There are approximately 4.3 million small or medium-sized enterprises (SMEs) in the UK and alarmingly, around 80% are underinsured. In addition, government research suggests that one in five businesses suffer a major disruption every year — wit…

December 21, 2021 by John Armstrong, director - executive MCL adjuster and Martha McGorman, commercial property adjuster
Blog
November 08, 2021
Leon Briggs
head of property & national executive adjuster, Australia
COVID-19 Australia update: Surprises in the detail of the Second Test Case Judgment

In most court decisions there can be surprises, and one could say that the decision of Jagot J in the Second COVID-19 Insurance Test Case had its own share of the unexpected. In reviewing the decision in the Second Test Cases, the aspects that relate…

November 08, 2021 by Leon Briggs, head of property & national executive adjuster, Australia
Blog
October 21, 2021
Kimberley Daley
Head of professional services Australia
Australia update: Business interruption policy response to COVID-19

Since the outbreak of COVID-19 in early 2020, there has been intense interest in the extent to which business interruption policies would respond to claims for business losses arising from COVID-19. In September 2020, Sedgwick published an extensive…

October 21, 2021 by Kimberley Daley, Head of professional services Australia
Blog
July 16, 2021
Scott Richardson
executive vice president, operations, chief strategic & development officer
Property market and building trends amid the 2021 hurricane season

The construction and restoration industry has faced a unique set of challenges in the last year, including, but not limited to, rising material and labor costs, increased labor shortages and extended restoration periods. For those responding to storm…

July 16, 2021 by Scott Richardson, executive vice president, operations, chief strategic & development officer
Blog
April 21, 2021
Damian Glynn
Director, Head of Financial Lines, UK
Business interruption… Groundhog Day?

COVID-19 has raised some tricky questions about business interruption cover around the world and cyber-related issues continue to present complicated challenges. We can afford to focus on those concerns because we already have the basic BI cover sort…

April 21, 2021 by Damian Glynn, Director, Head of Financial Lines, UK
Blog
February 05, 2021
Leon Briggs
Head of forensic advisory services, New Zealand
Flogging a dead hotel

What’s next for insurers following the recent UK Supreme Court ruling? Earlier this year, the UK Supreme Court handed down its highly anticipated decision on insurers’ obligations under policies providing non-physical damage business interruption co…

February 05, 2021 by Leon Briggs, Head of forensic advisory services, New Zealand
Blog
July 10, 2020
Marcia Giesler, Affinity Business Development Director and Tom Hebson, Managing Director, Captive and Program Affinity
How can captives play a role in getting back to business during COVID-19?

With the recent spike in numbers, the coronavirus doesn’t seem to be going away anytime soon. And with a second wave of COVID-19 likely on its way later this year, many employers are recommitting to the planning and coverage of their businesses durin…

July 10, 2020 by Marcia Giesler, Affinity Business Development Director and Tom Hebson, Managing Director, Captive and Program Affinity
Blog
June 03, 2020
Danny Miller
Executive Vice President, Loss Adjustment Property, Specialty Services
Beyond property: Coverage in a time of crisis

During tumultuous times, businesses run the risk of property damage and so much more. Now is an appropriate time to consider your current coverage and ensure you are prepared. Property coverage that extends beyond the building and its contents can he…

June 03, 2020 by Danny Miller, Executive Vice President, Loss Adjustment Property, Specialty Services
Blog
April 08, 2020
Allison Daly
Vice President, Liability Practice
What will be the true cost of COVID-19 business interruption coverage challenges?

Getting through COVID-19 is proving to be a daunting task. Beyond the daily struggle of individuals and healthcare professionals facing health challenges and working to save lives, we are hit by the sobering reality of the economic impact of our coll…

April 08, 2020 by Allison Daly, Vice President, Liability Practice
Blog
June 14, 2019
Chris Mandel, SVP and Director, Sedgwick Institute
Terrorism Risk Insurance Program Reauthorization Act update - Key considerations for businesses

One of the biggest challenges in risk management is the concept of things “probable” versus things “possible.” Traditional risk management has focused more on the probable, using historical losses and other data to actuarially forecast future losses …

June 14, 2019 by Chris Mandel, SVP and Director, Sedgwick Institute
Blog
June 20, 2016
John Hinz, VP Vericlaim
Active hurricane season predicted: Don't fail to prepare

$1.9 billon. That is the estimated dollar amount the recent historic floods in Houston Texas will cost to return life and business back to normal according to the Houston Business Journal. Now almost every major weather service is reporting that, d…

June 20, 2016 by John Hinz, VP Vericlaim
Blog
March 05, 2015
Mario Rodriquez, Director National Technical Compliance
Protecting yourself in the event of a product recall

You have done all that you can. You have been diligent in your R&D, engineering, testing, manufacturing and quality control. Sales and Marketing are excited and ready. You have vetted instruction manuals and labels. You have even involved Legal. Yo…

March 05, 2015 by Mario Rodriquez, Director National Technical Compliance
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