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Importance of Adequate Sums Insured

In the current insurance market and with the deflated economic environment influenced by restrictions and challenges arising from the COVID-19 pandemic, it is essential to ensure the sums insured are robust. In this article, we explore the issues affecting the declared values and the importance of maintaining adequate sums insured. Read the full article: Importance…

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Michael Gallagher Joins John Foord to Grow Global Analytics platform

John Foord are delighted to announce that Michael Gallagher has joined the firm as Chairman, John Foord Analytics. Speaking of the appointment, Greg Dickerson, Executive Director at John Foord, said: “We have worked with Michael for a number of years and his 40 plus years of insurance industry knowledge and expertise will take the development…

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Replacement Costs of Renewable Energy Assets

With the increasing adoption of renewable energy, the constant change in technology, supply chains, financial incentives and environmental considerations presents significant challenges for stakeholders when assessing current reinstatement costs. In this article, we dive into the issues relevant to the five major renewable energy resources to understand how to overcome these challenges. Read the full…

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How Asset Valuations affect Claims

Understanding the conflicts and uncertainty that exist in loss situations, impacts of out-of-date valuations and undervalued assets is critical for all businesses, especially when it comes to making an insurance claim. Insurers, brokers and in-house risk managers, asset owners have different responsibilities and therefore will have varying views in terms of their risk appetite. In…

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