According to Aviva, water damage is one of the most common causes of insurance claims. UK water damage claims amount to circa £2.5 million per day, although the cost of business disruption is far greater. Aviva recommended that those who commission new builds with a view to keeping them, include features to prevent and limit water damage in the design brief. Reducing the risk of water damage to fixtures, fittings, contents, machinery and IT systems will help avoid business interruption. We are here to help.
Professional indemnity insurance has to keep up with the current job market as job titles change, new roles appear, and people change jobs more often than they used to. Today we are witnessing the rapid appearance of new roles such as GDPR consultant, cyber-security adviser, blogger and on-boarding manager.
According to the 2018 Edelman Trust Barometer, the UK’s population is suffering from “stagnant distrust” of others. The barometer also cited search engines and social media platforms as drivers of distrust. Within this evolving social landscape, insurance industry giant Aviva is proactively publishing facts to establish itself as an insurance company that should be trusted. Its headline statistic of accepting 96% of claims in 2017 is important to Aviva, and other insurance providers have shared similar data.
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