Insights
In today’s digital landscape, understanding the distinct complexities of cyber claims is essential to effective claims management. Below we explore key distinctions between traditional property claims and cyber claims, as property claim experience can help guide cyber claim success.
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Catastrophic (CAT) claims often present a higher level of complexity compared to traditional property claims. Understanding the distinctions is critical to ensure your organization is set-up for an efficient claims process.
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Hurricanes pose unique challenges to measuring and settling insurance claims. Understanding them and taking proactive measures can minimize the impact and help you navigate the claims process effectively.
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As the devastation left by Hurricane Ian is still mounting, the impact on residents, local and state municipalities and businesses is top of mind. For the construction industry, this is a harsh reminder of the importance of managing exposure and handling the aftermath of catastrophic events. In Part 1 of this series, we laid out the…
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You have just broken ground on a large-scale commercial property. Your equipment, materials, and build team are all in place. You have secured your financing, completed all site inspections, and gotten sign-off on your budget and schedule. But have you prepared for the unexpected? When a natural disaster strikes during a construction project, everyone involved…
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A hurricane can severely interrupt your operations and wreak havoc on business plans, threaten customer and supplier relationships, and jeopardize short- and long- term growth targets. Developing a pre-loss plan of action is essential to successfully navigating the claims process and minimizing the impact of a hurricane on your business. 2022 is set to be…
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