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Posts related to ‘major and complex loss’

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April 05, 2023
Aliette Fenton-Sharp
claims underwriting director, major and complex loss
Engineering new solutions for complex losses

The spate of activist attacks on fine art in major European museums last year may have quieted, but the vandalism reminds us that even the most fragile objects of history are constantly exposed to threat. Sedgwick is well positioned to help reduce su…

April 05, 2023 by Aliette Fenton-Sharp, claims underwriting director, major and complex loss
Blog
March 06, 2023
Hamish Blair
client relationship manager
State of emergency declared in New Zealand

On Tuesday, 14 February, and for only the third time in history, the New Zealand government announced a national state of emergency. The flooding and destruction that followed in the wake of Cyclone Gabrielle left Northland, parts of Auckland and the…

March 06, 2023 by Hamish Blair, client relationship manager
Blog
December 12, 2022
David Gear
director, head of major and complex loss (Scotland and Northern Ireland)
Tales and costs of the unexpected: when the level of cover is not enough

Many adjusters have found themselves in a common situation: whilst building sums insured and/or declared values are initially considered adequate, after testing, they are ultimately found to be insufficient. This is often due to adverse factors and u…

December 12, 2022 by David Gear, director, head of major and complex loss (Scotland and Northern Ireland)
Blog
October 26, 2022
Lisa Dalbeth, loss adjuster
Reflecting on the Tonga Earthquake

On 15 January 2022, the Hunga Tonga-Hunga Ha’apai submarine volcano erupted in the South Pacific. It produced one of the largest atmospheric explosions in recorded history, sending a plume of ash into the upper atmosphere. The eruption triggered a ts…

October 26, 2022 by Lisa Dalbeth, loss adjuster
Blog
September 21, 2022
Ian Newth - head of construction & engineering and Andrew Cavan - head of major & complex loss – North, Sedgwick UK
Civil unrest: Will history repeat itself?

We’re in the business of being prepared to respond to unthinkable situations. And while bad weather warnings indicate the potential for a surge event, there’s a new storm brewing that could hit anywhere, anytime and with little notice. The potentiall…

September 21, 2022 by Ian Newth - head of construction & engineering and Andrew Cavan - head of major & complex loss – North, Sedgwick UK
Blog
July 26, 2022
Eric Malterre, chief client officer – international and David Stills, SVP, carrier and risk practice
Climate change and risk management — challenges today and solutions for tomorrow

Lisez ceci en français. While climate change regulation remains a highly debated issue among nations, an increased burden falls to corporations and individual organizations to step up initiatives as a means of reducing carbon footprint and changing …

July 26, 2022 by Eric Malterre, chief client officer – international and David Stills, SVP, carrier and risk practice
Blog
July 20, 2022
Steve Powell, EVP, loss adjusting; Clare Cordingley, senior manager, major event response; and Brad Mountford, head of business development, Australia
Eastern Australia floods: regional catastrophe, global response

You probably recall that Australia experienced devastating bushfires in 2019-2020, as the catastrophe garnered global headlines. Regrettably, many fewer people beyond Australia are familiar with an even costlier and more recent disaster: the severe f…

July 20, 2022 by Steve Powell, EVP, loss adjusting; Clare Cordingley, senior manager, major event response; and Brad Mountford, head of business development, Australia
Blog
July 05, 2022
David Gear
director, head of major and complex loss (Scotland and Northern Ireland)
When crowdfunding meets an insurance policy

While it’s not a new concept, crowdfunding — raising funds through groups of people online — continues to draw the interest of many. This practice allows individuals to give to a member of their community, a business or a cause they’re pa…

July 05, 2022 by David Gear, director, head of major and complex loss (Scotland and Northern Ireland)
Blog
April 18, 2022
Andrew Bone, ACILA, Dip CII
chartered loss adjuster, MCL, New Zealand
Catastrophe response: all in a day’s work

Nearly one year ago, an Auckland-based manufacturer experienced a major fire that had a devastating impact. With the business, brand and the livelihoods of 50 employees at stake, the range of immediate concerns and challenges went beyond anything the…

April 18, 2022 by Andrew Bone, ACILA, Dip CII , chartered loss adjuster, MCL, New Zealand
Blog
March 22, 2022
Duncan Muress, deputy head of complex liability and Dan Peck, regional director of complex liability
The rising tide of UK flood claims and rights of recovery

Landowners, developers, local authorities and government agencies can’t ignore the evidence of increasing flooding incidents. Nor can they abrogate responsibilities to insurers for the subsequent costs. The challenges related to flood claims and righ…

March 22, 2022 by Duncan Muress, deputy head of complex liability and Dan Peck, regional director of complex liability
Blog
January 27, 2022
Aidan Fitzgerald
MCL marine & engineering adjuster
Onboard a floating city

While it may feel as though modern technology has ‘shrunk’ the world, the ocean is still a vast and isolated space. Ships can be thousands of kilometres from land in any direction, sometimes battling inhospitable conditions, so onboard facilities nee…

January 27, 2022 by Aidan Fitzgerald, MCL marine & engineering adjuster
Blog
November 24, 2021
Ben Price
head of operations, MCL Global
Major and complex loss review 2021

Since early 2020, organisations in every sphere of business have felt the pressure of an unforeseen, unprecedented global pandemic — it has continuously tested our resourcefulness and ingenuity. Even as our ability to meet, talk and intera…

November 24, 2021 by Ben Price, head of operations, MCL Global
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
September 30, 2021
Leon Briggs
Head of property & national executive adjuster, Sedgwick Australia
Reflecting on the Mansfield earthquake

The Mansfield earthquake in Victoria, Australia brought back a decade of memories dealing with hundreds of claims worth billions of dollars in Christchurch. While Mansfield is not a similar crisis to Christchurch (New Zealand) or Newcastle (Australia…

September 30, 2021 by Leon Briggs, Head of property & national executive adjuster, Sedgwick Australia
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
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