In the vast expanse of the maritime world — where unpredictable seas and unforeseen circumstances collide — marine insurance emerges as a vital safeguard for vessel owners and operators. At the heart of marine insurance lies the intricate…
When you think about first responders, what image comes to mind? For many, it’s police, firefighters, paramedics or 911 operators. Those in the insurance industry may see loss adjusters assessing damage. Unless you work in our field, it’s unlikely yo…
Supply chain disruption stemming from the COVID-19 pandemic continues to have an effect on the movement and availability of goods worldwide. While there are signs of recovery — factories have reopened, transit rates are down — inventory l…
In the world of international trade, shipping cargo across seas is a common practice that involves careful planning and preparation to ensure the safe arrival of goods. Whether you're exporting products to distant markets or importing materials for y…
For anyone dealing with a property damage loss, it can be inconvenient at best and traumatizing and life-altering at worst. But for those who are already vulnerable, the experience can be exponentially more difficult. In commemoration of World Alzhe…
In recent years, we have seen an increase in claims across Australia made by electricity distributors for financial loss resulting from third-party damage to their infrastructure. The most significant part of these losses commonly relates to a regula…
Given recent media interest regarding reinforced autoclaved aerated concrete (RAAC), Sedgwick’s liability claims services group consider what the potential issues are, and what the current liability implications might be. What is RAAC? Autoclaved…
According to the United Nations Environment Programme (UNEP), the construction industry accounts for 38% of total global energy-related CO2 emissions, and some estimates suggest that investing in a more resilient infrastructure could save humanity a …
Business interruption (BI) is a significant concern for professional services firms — whether it be lawyers, accountants, medical professionals or consulting agencies. Any disruption, whether due to physical damages or technology downtime, can …
Across various industry sectors and businesses, commercial electrical and mechanical equipment can be exposed to contaminants from fire, water and other perils. After a loss event, particulates often settle on susceptible surfaces — which can l…
In the insurance space, the concept of proximate cause plays a pivotal role in determining the outcome of insurance claims. Insurance policies are designed to provide coverage for specific perils and damages, but when multiple events occur simultaneo…
In the construction industry, a quantity surveyor plays a central role in every new build project. They work out the quantities and costs of materials as well as the time and labour on tenders. They also negotiate contracts and work schedules, advise…
Many of our listeners may not be familiar with modern methods of construction — commonly referred to as MMC. In today's podcast, Mike Beber, chartered building surveyor, discusses some advantages and disadvantages of MMC, the status of this typ…
When a piece of equipment is exposed to water and therefore experiences a contamination-related loss, a process to ensure that the impacted mechanical and electrical assemblies are properly cared for should ensue immediately. The goal is to reconditi…
As temperatures continue to rise around the world, weather patterns become more unusual and unpredictable. Studies indicate that climate change will lead to more frequent and intense weather events, such as severe storms resulting in flooding. Rising…