Whitepapers and newsletters that cover insurance and claims management.

Major Loss Preparation

Key Steps to Success

Industry data suggests the global economy experiences an average of $175bn in economic losses from man-made and natural catastrophes every year.  Meanwhile insured losses in excess of $1bn are becoming more common and are no longer restricted to the US alone, with the influence of complex, global supply chains drawing exposures in from around the world.  Crawford® adjusters have been appointed on numerous $1bn+ catastrophes over recent years, however many of those affected by these major insured events are often surprised by the nature and magnitude of the losses they face and the complexity of the claims process that lies ahead. This useful guide by Benedict Burke, Chief Client Officer, International, suggests prudent risk managers should always consider carefully how their insurance programme will respond and outlines the three key steps to success.