Green shoots, but claims managers predict inflation to continue into 2025

inflation-road-sign

Senior claims managers are seeing property claims inflation ease, but expect it to remain high for the foreseeable future; with suppliers turning their backs on insurance work being cited as a factor.

That was one of the messages delivered during the opening session of the most recent Claims Club Briefing in Manchester last week.

Esure home indemnity lead Suzanne Reid told delegates: “The last few

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Insurers accused of exacerbating property damage

Panellists at the British Damage Management Association conference have accused insurers of slowing down the property claims process, increasing the amount of damage, due to inactivity and lack of trust for their supply chains.

Q&A: Graham Gibson, Allianz

Allianz chief claims officer and Thatcham Research chairman Graham Gibson reveals how the provider is using artificial intelligence to crack down on fraud and believes we are at “an inflection point” when it comes to automated vehicles.

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