THE RISING THREAT OF UNDERINSURANCE

Source: Insurance Age - September 2022

“Chris Andrews of Aviva discusses how today’s challenges could be creating an increased risk of underinsurance.

We’re living through a difficult period in our country’s economic history. The cost-of-living crisis comes at a time when we’re still dealing with the lasting effects of Covid-19, Brexit and the ongoing war in Ukraine.

At the same time, we’re seeing inflation rising, increasing fuel and energy prices, and this is having a significant impact across everything including building materials and supply chain issues. All of this is impacting the prices we pay and how long it takes for goods and materials to get to where they’re needed. So, what does this all mean for insurance?”

Read the full Insurance Age article here.