Blog: Housing disrepair paves the way to a perfect storm – are insurers ready?
With the recent whiplash reforms squeezing profit margins, Jared Mallinson, partner and head of counter fraud at Horwich Farrelly, considers whether the insurance industry is facing a new claims epidemic, with the social housing industry reporting a rise in property disrepair claims since the Covid-19 pandemic.
The profit margins from low-value Road Traffic Accident injury claims have faced a continued squeeze, brought about by a series of measures from the Ministry of Justice. This started in the 2015
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